Philadelphia Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,900
    3% ( $4,900 ) vs Jun 2013
  • Median Sales Price
    $100,000
    9% ( $8,550 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $54,500
    9% ( $4,599 ) vs Jun 2013
  • Foreclosures 8,484
    Homes for Sale 4,834
    Recently Sold 15,019

Market Summary

There are currently 8,484 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 4,834.

In July, the number of properties that received a foreclosure filing in Philadelphia, PA was 14% higher than the previous month and 13% lower than the same time last year.

Home sales for June 2014 were up 7% compared with the previous month, and up 3% 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 $54,500, or 46% lower than non-distressed home sales.

Sales Prices - Philadelphia, PA




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$54,500 (Median Foreclosure 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) $100,000 (Median 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) $54,500 (Median Foreclosure 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) $100,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Levittown
64
22.0
% (y-o-y)
$194,000
6.4
% (y-o-y)
38.5%
45.2
% (y-o-y)
Camden
27
38.6
% (y-o-y)
$30,000
9.1
% (y-o-y)
15.0%
37.1
% (y-o-y)
Riverton
15
650.0
% (y-o-y)
$257,500
13.2
% (y-o-y)
Data not available
Upper Darby
10
65.5
% (y-o-y)
$53,000
35.1
% (y-o-y)
19.3%
48.6
% (y-o-y)
Elkins Park
9
60.9
% (y-o-y)
$175,500
14.4
% (y-o-y)
Data not available
Lansdowne
8
68.0
% (y-o-y)
$108,500
14.2
% (y-o-y)
44.7%
55.8
% (y-o-y)
National Park
5
400.0
% (y-o-y)
$115,000
19.8
% (y-o-y)
Data not available
Prospect Park
4
42.9
% (y-o-y)
$60,000
61.9
% (y-o-y)
Data not available
Bala Cynwyd
4
86.2
% (y-o-y)
$310,000
24.4
% (y-o-y)
Data not available
Darby
4
81.0
% (y-o-y)
$37,000
4.0
% (y-o-y)
34.9%
28.7
% (y-o-y)

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: 7.80%
Percentage of vacant homes: 14.12%