Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $144,900
    3% ( $4,100 ) vs Nov 2015
  • Median Sales Price
    $115,000
    5% ( $6,000 ) vs Nov 2015
  • Median Foreclosure Sales Price
    $46,000
    16% ( $9,000 ) vs Nov 2015
  • Foreclosures 8,073
    Homes for Sale 2,731
    Recently Sold 3,910

Market Summary

There are currently 8,073 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 2,731.

In December, the number of properties that received a foreclosure filing in Philadelphia, PA was 1% higher than the previous month and 1% lower than the same time last year.

Home sales for November 2016 were up 6% compared with the previous month, and down 73% 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 $46,000, or 60% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$46,000 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $56,000 (Median Foreclosure Sales Price) $55,025 (Median Foreclosure Sales Price) $47,250 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $115,000 (Median Sales Price) $121,000 (Median Sales Price) $128,000 (Median Sales Price) $130,000 (Median Sales Price) $135,000 (Median Sales Price) $125,000 (Median Sales Price) $46,000 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $56,000 (Median Foreclosure Sales Price) $55,025 (Median Foreclosure Sales Price) $47,250 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $115,000 (Median Sales Price) $121,000 (Median Sales Price) $128,000 (Median Sales Price) $130,000 (Median Sales Price) $135,000 (Median Sales Price) $125,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Levittown
19
53.7
% (y-o-y)
$198,875
11.1
% (y-o-y)
46.2%
55.5
% (y-o-y)
Elkins Park
6
66.7
% (y-o-y)
$335,000
45.7
% (y-o-y)
Data not available
Wyncote
4
0.0
% (y-o-y)
$312,000
0.0
% (y-o-y)
Data not available
Wynnewood
4
55.6
% (y-o-y)
$638,000
137.2
% (y-o-y)
Data not available
Narberth
2
60.0
% (y-o-y)
Data not available
Data not available
Riverton
2
84.6
% (y-o-y)
$259,900
6.5
% (y-o-y)
Data not available
Bala Cynwyd
1
87.5
% (y-o-y)
Data not available
Data not available
Cheltenham
1
83.3
% (y-o-y)
Data not available
Data not available

Local Info For Philadelphia

Population:
1,504,950
Cost of Living Index: 111.87
Crime Index: 256.21     Rating: D+ View crime details
Schools: 315    Average School Rating: D View individual school rating
Household Median Income: $36,251
Unemployment: 7.70%
Percentage of vacant homes: 14.12%

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