Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,900
    0% ( $0 ) vs Feb 2015
  • Median Sales Price
    $100,000
    6% ( $6,000 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $40,000
    7% ( $3,000 ) vs Feb 2015
  • Foreclosures 7,850
    Homes for Sale 2,942
    Recently Sold 9,522

Market Summary

There are currently 7,850 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 2,942.

In March, the number of properties that received a foreclosure filing in Philadelphia, PA was 0% higher than the previous month and 13% higher than the same time last year.

Home sales for February 2016 were down 27% compared with the previous month, and up 31% compared with a year ago. The median sales price of a non-distressed home was $100,000. The median sales price of a foreclosure home was $40,000, or 60% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$40,000 (Median Foreclosure Sales Price) $43,000 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $44,000 (Median Foreclosure Sales Price) $43,000 (Median Foreclosure Sales Price) $100,000 (Median Sales Price) $106,000 (Median Sales Price) $100,000 (Median Sales Price) $70,000 (Median Sales Price) $66,000 (Median Sales Price) $42,500 (Median Sales Price) $40,000 (Median Foreclosure Sales Price) $43,000 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $47,500 (Median Foreclosure Sales Price) $44,000 (Median Foreclosure Sales Price) $43,000 (Median Foreclosure Sales Price) $100,000 (Median Sales Price) $106,000 (Median Sales Price) $100,000 (Median Sales Price) $70,000 (Median Sales Price) $66,000 (Median Sales Price) $42,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Levittown
55
52.8
% (y-o-y)
$190,550
5.6
% (y-o-y)
47.5%
41.8
% (y-o-y)
Riverton
23
187.5
% (y-o-y)
$225,500
0.9
% (y-o-y)
Data not available
Elkins Park
22
340.0
% (y-o-y)
$202,500
22.7
% (y-o-y)
99.0%
0.0
% (y-o-y)
Camden
15
36.4
% (y-o-y)
$33,000
21.4
% (y-o-y)
28.9%
33.3
% (y-o-y)
Wynnewood
12
200.0
% (y-o-y)
$387,000
7.9
% (y-o-y)
Data not available
Bala Cynwyd
10
233.3
% (y-o-y)
$495,000
25.7
% (y-o-y)
Data not available
Oreland
9
125.0
% (y-o-y)
$313,000
33.2
% (y-o-y)
Data not available
Wyncote
7
133.3
% (y-o-y)
$285,000
20.0
% (y-o-y)
87.0%
11.2
% (y-o-y)
Narberth
6
20.0
% (y-o-y)
$459,000
16.2
% (y-o-y)
Data not available
Cheltenham
5
66.7
% (y-o-y)
$198,000
1.5
% (y-o-y)
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: 6.70%
Percentage of vacant homes: 14.12%

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