Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $154,900
    3% ( $5,000 ) vs May 2013
  • Median Sales Price
    $91,450
    2% ( $1,800 ) vs May 2013
  • Median Foreclosure Sales Price
    $49,901
    3% ( $1,599 ) vs May 2013
  • Foreclosures 8,679
    Homes for Sale 4,806
    Recently Sold 15,038

Market Summary

There are currently 8,679 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 4,806.

In June, the number of properties that received a foreclosure filing in Philadelphia, PA was 13% lower than the previous month and 26% lower than the same time last year.

Home sales for May 2014 were up 2% compared with the previous month, and down 13% compared with a year ago. The median sales price of a non-distressed home was $91,450. The median sales price of a foreclosure home was $49,901, or 45% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$49,901 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $53,413 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $91,450 (Median Sales Price) $89,650 (Median Sales Price) $98,000 (Median Sales Price) $107,000 (Median Sales Price) $110,000 (Median Sales Price) $114,900 (Median Sales Price) $49,901 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $60,000 (Median Foreclosure Sales Price) $53,413 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $91,450 (Median Sales Price) $89,650 (Median Sales Price) $98,000 (Median Sales Price) $107,000 (Median Sales Price) $110,000 (Median Sales Price) $114,900 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Levittown
71
7.8
% (y-o-y)
$189,650
2.5
% (y-o-y)
37.4%
44.6
% (y-o-y)
Upper Darby
47
11.3
% (y-o-y)
$60,000
27.7
% (y-o-y)
30.3%
48.2
% (y-o-y)
Camden
39
13.3
% (y-o-y)
$35,000
6.1
% (y-o-y)
28.4%
31.8
% (y-o-y)
Darby
26
25.7
% (y-o-y)
$34,555
19.2
% (y-o-y)
20.4%
45.0
% (y-o-y)
Lansdowne
25
19.4
% (y-o-y)
$93,950
0.1
% (y-o-y)
43.8%
55.3
% (y-o-y)
Bala Cynwyd
19
18.8
% (y-o-y)
$340,503
14.2
% (y-o-y)
Data not available
Wynnewood
19
11.8
% (y-o-y)
$378,750
5.0
% (y-o-y)
Data not available
Elkins Park
16
36.0
% (y-o-y)
$168,750
12.3
% (y-o-y)
Data not available
Riverton
11
47.6
% (y-o-y)
$238,000
4.6
% (y-o-y)
Data not available
Narberth
10
28.6
% (y-o-y)
$450,000
42.0
% (y-o-y)
Data not available

Local Info For Philadelphia

Population:
1,504,950
Cost of Living Index: 111.87
Crime Index: 295.77     Rating: D View crime details
Schools: 315    Average School Rating: D View individual school rating
Household Median Income: $36,251
Unemployment: 6.80%
Percentage of vacant homes: 14.12%