Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $149,907
    4% ( $6,382 ) vs Sep 2016
  • Median Sales Price
    $120,000
    6% ( $8,250 ) vs Sep 2016
  • Median Foreclosure Sales Price
    $55,000
    0% ( $0 ) vs Sep 2016
  • Foreclosures 6,502
    Homes for Sale 3,149
    Recently Sold 18,783

Market Summary

There are currently 6,502 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 3,149.

In October, the number of properties that received a foreclosure filing in Philadelphia, PA was 10% lower than the previous month and 31% lower than the same time last year.

Home sales for September 2017 were down 27% compared with the previous month, and up 7% compared with a year ago. The median sales price of a non-distressed home was $120,000. The median sales price of a foreclosure home was $55,000, or 54% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$55,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $57,875 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $120,000 (Median Sales Price) $128,250 (Median Sales Price) $123,400 (Median Sales Price) $126,000 (Median Sales Price) $120,000 (Median Sales Price) $121,000 (Median Sales Price) $55,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $70,000 (Median Foreclosure Sales Price) $57,875 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $120,000 (Median Sales Price) $128,250 (Median Sales Price) $123,400 (Median Sales Price) $126,000 (Median Sales Price) $120,000 (Median Sales Price) $121,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Camden
32
52.4
% (y-o-y)
$22,000
56.9
% (y-o-y)
Data not available
Levittown
15
68.1
% (y-o-y)
$219,900
6.2
% (y-o-y)
Data not available
Darby
8
50.0
% (y-o-y)
$41,250
124.2
% (y-o-y)
Data not available
Elkins Park
6
200.0
% (y-o-y)
$236,000
9.8
% (y-o-y)
Data not available
Riverton
4
20.0
% (y-o-y)
$161,200
2.7
% (y-o-y)
Data not available
Upper Darby
2
75.0
% (y-o-y)
$85,000
54.5
% (y-o-y)
Data not available
Cheltenham
2
0.0
% (y-o-y)
$228,450
1.8
% (y-o-y)
Data not available
Bala Cynwyd
2
0.0
% (y-o-y)
$517,500
13.0
% (y-o-y)
Data not available
Wyncote
1
50.0
% (y-o-y)
$300,000
3.8
% (y-o-y)
Data not available
Folcroft
1
50.0
% (y-o-y)
$119,900
12.1
% (y-o-y)
Data not available

Local Info For Philadelphia

Population:
1,504,950
Cost of Living Index: 111.87
Crime Index: 234.14     Rating: C- View crime details
Schools: 315    Average School Rating: D View individual school rating
Household Median Income: $36,251
Unemployment: 6.40%
Percentage of vacant homes: 14.12%

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