Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,000
    2% ( $3,000 ) vs Jul 2015
  • Median Sales Price
    $135,000
    8% ( $10,000 ) vs Jul 2015
  • Median Foreclosure Sales Price
    $47,250
    5% ( $2,250 ) vs Jul 2015
  • Foreclosures 8,291
    Homes for Sale 2,822
    Recently Sold 9,941

Market Summary

There are currently 8,291 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 2,822.

In August, the number of properties that received a foreclosure filing in Philadelphia, PA was 0% higher than the previous month and 17% higher than the same time last year.

Home sales for July 2016 were down 2% compared with the previous month, and up 1013% compared with a year ago. The median sales price of a non-distressed home was $135,000. The median sales price of a foreclosure home was $47,250, or 65% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$47,250 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $41,000 (Median Foreclosure Sales Price) $44,000 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $135,000 (Median Sales Price) $125,000 (Median Sales Price) $105,000 (Median Sales Price) $99,900 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price) $47,250 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $41,000 (Median Foreclosure Sales Price) $44,000 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $135,000 (Median Sales Price) $125,000 (Median Sales Price) $105,000 (Median Sales Price) $99,900 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Levittown
33
22.2
% (y-o-y)
$202,000
1.0
% (y-o-y)
50.2%
51.3
% (y-o-y)
Bala Cynwyd
6
100.0
% (y-o-y)
$418,000
29.2
% (y-o-y)
Data not available
Elkins Park
5
25.0
% (y-o-y)
$200,375
18.2
% (y-o-y)
50.0%
12.2
% (y-o-y)
Camden
3
90.9
% (y-o-y)
$28,000
12.0
% (y-o-y)
42.0%
66.0
% (y-o-y)
Cheltenham
2
100.0
% (y-o-y)
Data not available
Data not available
Oreland
2
0.0
% (y-o-y)
$359,900
30.9
% (y-o-y)
Data not available
Merion Station
2
0.0
% (y-o-y)
$547,500
1.9
% (y-o-y)
Data not available
Narberth
1
0.0
% (y-o-y)
Data not available
Data not available
National Park
1
0.0
% (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: 254.76     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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