Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $154,900
    1% ( $2,100 ) vs Jun 2014
  • Median Sales Price
    $115,000
    9% ( $9,100 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $35,000
    2% ( $600 ) vs Jun 2014
  • Foreclosures 7,203
    Homes for Sale 4,072
    Recently Sold 3,630

Market Summary

There are currently 7,203 properties in Philadelphia, PA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 4,072.

In July, the number of properties that received a foreclosure filing in Philadelphia, PA was 2% lower than the previous month and 14% higher than the same time last year.

Home sales for June 2015 were down 25% compared with the previous month, and down 58% compared with a year ago. The median sales price of a non-distressed home was $115,000. The median sales price of a foreclosure home was $35,000, or 70% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$35,000 (Median Foreclosure Sales Price) $34,400 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $58,000 (Median Foreclosure Sales Price) $115,000 (Median Sales Price) $105,900 (Median Sales Price) $90,000 (Median Sales Price) $90,000 (Median Sales Price) $102,000 (Median Sales Price) $104,750 (Median Sales Price) $35,000 (Median Foreclosure Sales Price) $34,400 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $58,000 (Median Foreclosure Sales Price) $115,000 (Median Sales Price) $105,900 (Median Sales Price) $90,000 (Median Sales Price) $90,000 (Median Sales Price) $102,000 (Median Sales Price) $104,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Levittown
38
40.6
% (y-o-y)
$193,450
0.3
% (y-o-y)
48.0%
38.5
% (y-o-y)
Lansdowne
35
40.0
% (y-o-y)
Data not available
Data not available
Upper Darby
25
21.9
% (y-o-y)
Data not available
Data not available
Elkins Park
12
33.3
% (y-o-y)
$253,000
44.2
% (y-o-y)
26.6%
0.0
% (y-o-y)
Darby
11
47.6
% (y-o-y)
Data not available
Data not available
Wynnewood
9
200.0
% (y-o-y)
$366,000
12.3
% (y-o-y)
Data not available
Narberth
8
700.0
% (y-o-y)
$500,100
19.1
% (y-o-y)
Data not available
Oreland
7
250.0
% (y-o-y)
$274,950
1.8
% (y-o-y)
Data not available
Bala Cynwyd
7
75.0
% (y-o-y)
$600,000
93.5
% (y-o-y)
Data not available
Flourtown
7
0.0
% (y-o-y)
$325,000
27.5
% (y-o-y)
Data not available

Local Info For Philadelphia

Population:
1,504,950
Cost of Living Index: 111.87
Crime Index: 206.86     Rating: C- View crime details
Schools: 315    Average School Rating: D View individual school rating
Household Median Income: $36,251
Unemployment: 7.40%
Percentage of vacant homes: 14.12%