Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $164,900
    4% ( $5,900 ) vs May 2015
  • Median Sales Price
    $103,000
    3% ( $3,100 ) vs May 2015
  • Median Foreclosure Sales Price
    $45,000
    10% ( $4,000 ) vs May 2015
  • Foreclosures 8,250
    Homes for Sale 2,785
    Recently Sold 6,324

Market Summary

There are currently 8,250 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 2,785.

In June, the number of properties that received a foreclosure filing in Philadelphia, PA was 14% lower than the previous month and 26% lower than the same time last year.

Home sales for May 2016 were down 43% compared with the previous month, and down 76% compared with a year ago. The median sales price of a non-distressed home was $103,000. The median sales price of a foreclosure home was $45,000, or 56% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$45,000 (Median Foreclosure Sales Price) $41,000 (Median Foreclosure Sales Price) $44,000 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $103,000 (Median Sales Price) $99,900 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price) $100,550 (Median Sales Price) $99,900 (Median 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) $45,000 (Median Foreclosure Sales Price) $45,000 (Median Foreclosure Sales Price) $103,000 (Median Sales Price) $99,900 (Median Sales Price) $100,000 (Median Sales Price) $100,000 (Median Sales Price) $100,550 (Median Sales Price) $99,900 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Levittown
61
3.4
% (y-o-y)
$199,450
12.6
% (y-o-y)
51.1%
48.4
% (y-o-y)
Camden
23
32.4
% (y-o-y)
$29,000
19.4
% (y-o-y)
36.2%
38.2
% (y-o-y)
Darby
20
53.8
% (y-o-y)
$45,000
0.0
% (y-o-y)
10.3%
0.0
% (y-o-y)
Lansdowne
15
6.3
% (y-o-y)
$95,000
0.0
% (y-o-y)
50.0%
0.0
% (y-o-y)
Upper Darby
9
50.0
% (y-o-y)
$73,000
0.0
% (y-o-y)
26.7%
0.0
% (y-o-y)
Prospect Park
6
0.0
% (y-o-y)
$150,950
0.0
% (y-o-y)
Data not available
Riverton
6
0.0
% (y-o-y)
$213,000
13.2
% (y-o-y)
Data not available
Elkins Park
6
50.0
% (y-o-y)
$214,950
18.9
% (y-o-y)
17.4%
60.8
% (y-o-y)
Folcroft
5
150.0
% (y-o-y)
$96,000
0.0
% (y-o-y)
52.1%
0.0
% (y-o-y)
Oreland
3
0.0
% (y-o-y)
$288,500
3.1
% (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: 7.00%
Percentage of vacant homes: 14.12%

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