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3rd St Fabric Row 4th St Tattoo Alley Antique Row Avenue Of The Arts - South Bainbridge St Booksellers Row Bainbridge Street Bella Vista Center City Center City East Dickinson Narrows Gayborhood Hawthorne Italian Market Passyunk Square Penn's Landing Pennsport Queen Village Riverfront Society Hill South Philly Discount Shopping South Street Washington Avenue Washington Square Wharton

PHILADELPHIA, PA 19147

Real Estate Market Report  ·  Philadelphia County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 19147

3rd St Fabric Row · 4th St Tattoo Alley · Antique Row · Avenue Of The Arts - South · Bainbridge St Booksellers Row · Bainbridge Street · Bella Vista · Center City · Center City East · Dickinson Narrows · Gayborhood · Hawthorne · Italian Market · Passyunk Square · Penn's Landing · Pennsport · Queen Village · Riverfront · Society Hill · South Philly Discount Shopping · South Street · Washington Avenue · Washington Square · Wharton

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PHILADELPHIA, PA real estate market (19147) currently shows 187 active listings, with 65 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

The median listing price has fallen 2.4% year-over-year, from $512,500 to $500,000.

Whether you are buying or selling in PHILADELPHIA, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 39,100  ·  Density: 11,284.8/mi²  ·  Median household income: $105,233

Typical home value: $512,347  ·  Homeownership: 56.7%

Market Overview

Active Listings
187
⇩ 10.5% vs 209 last year
Pending
65
35% pending ratio
Median Price
$500,000
⇩ 2.4% vs $512,500 last year
Average Price
$648,296
⇩ 0.8% vs $653,814 last year
Days on Market
49
⇧ 8.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$357
⇩ 3.8% vs $371/sqft last year
Median Home Size
1,437 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 187 this year vs 209 last year
  • Days on market: 49 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $500,000 (-2.4% YoY)
  • Average: $648,296 (-0.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.3 miles — 1,598 listings ($821,960,115 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19147Philadelphia, PA 191470.0 mi160$101,141,600$502,500$632,135
19107Philadelphia, PA 191071.1 mi102$57,539,118$293,500$564,109
19103Philadelphia, PA 191031.5 mi212$286,205,088$599,000$1,350,024
19148Philadelphia, PA 191481.7 mi225$82,388,475$327,225$366,171
08102Camden, NJ 081022.1 mi17$4,369,748$202,433$257,044
19130Philadelphia, PA 191302.4 mi124$78,748,432$419,850$635,068
08104Camden, NJ 081042.6 mi68$12,665,884$189,225$186,263
19122Philadelphia, PA 191222.9 mi116$49,996,464$329,900$431,004
19121Philadelphia, PA 191213.4 mi192$57,724,800$260,450$300,650
08030Gloucester City, NJ 080303.7 mi58$15,229,872$249,475$262,584
19133Philadelphia, PA 191333.9 mi106$20,099,720$155,725$189,620
08107Oaklyn, NJ 081074.3 mi38$13,075,534$328,750$344,093
19139Philadelphia, PA 191394.3 mi180$42,775,380$187,450$237,641

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19147?

As of March 2026, there are 187 active listings in PHILADELPHIA, PA (zip code 19147), compared to 209 the prior year.

What is the median home price in PHILADELPHIA, PA 19147?

The median listing price in PHILADELPHIA, PA 19147 is $500,000 as of March 2026, a 2.4% decrease from $512,500 the prior year.

How long do homes stay on the market in PHILADELPHIA, PA?

Homes in PHILADELPHIA, PA 19147 spend an average of 49 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19147?

Based on current inventory and days-on-market data as of March 2026, PHILADELPHIA, PA 19147 is currently a Balanced Market. Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

How much can I save on real estate commission in PHILADELPHIA, PA?

With SELL123.com's maximum 3% commission, sellers in PHILADELPHIA, PA 19147 save an estimated $10,000 compared to a typical 5% commission on the median listing price of $500,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.