Philadelphia County, PA Home Values & Market Trends

The median home price in Philadelphia County, PA is $214,883.08. There were 19,071 home sales in Philadelphia County, PA over the past 12 months. The median residential Philadelphia County, PA home value for transactions over the previous year is $215,437.298. The number of current listings in Philadelphia County, PA is 2,511, and the percentage of properties for sale is 2511.00%. The county has 2,744 foreclosures, 81 bank owned properties, 621 headed for auction, and 2,511 properties for sale.

Philadelphia County, PA Real Estate Market Overview

CityMedian Est. Value
Philadelphia

$ 238,336

$ 189/sqft

Housing Market Summary for Philadelphia County, PA

Apr 2023March 2024Change
Median Listing Price$248.4K$205.7K-17.19%
Median Sold Price$215.2K$205.7K-4.44%
Homes For Sale2,8482,294-19.45%
Homes Sold10,6139,180-13.50%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Philadelphia County, PA

Philadelphia County, PA home values range from $13,701 to $19,623,916. Philadelphia is the priciest city with a median listing home price of $258,417.737, and Philadelphia is most affordable with average house prices of around $258,417.737.

Foreclosure
There is 1 cities within Philadelphia County, PA; within this cities, the median estimated home value for homes in foreclosure ranges from $2,604,520 in Philadelphia to the lowest value of $16,177 in Philadelphia. Foreclosure homes account for 0.00% of properties in Philadelphia County, PA with Philadelphia containing 2744 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.43% of all residential properties in Philadelphia County, PA with Philadelphia containing 2042 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within Philadelphia County, PA; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,604,520 in Philadelphia to the lowest home value of $16,177 in Philadelphia.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Philadelphia County, PA ranges from the highest value of $621,715 in Philadelphia to the lowest value of $31,500 in Philadelphia. Bank owned homes and properties account for 0.02% of properties in Philadelphia County, PA. There is 1 cities within Philadelphia County, PA; Philadelphia containing 81 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Philadelphia has 621 auction properties, the highest number of properties going to auction in a single city in the state of Philadelphia County, PA. Auction homes and other auction properties account for 0.13% of all properties in Philadelphia County, PA. There is 1 cities within Philadelphia County, PA; of that cities, the median estimated home value for homes going to auction ranges from $1,900,000 in Philadelphia to the lowest value of $25,770 in Philadelphia.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.53% of residential properties in Philadelphia County, PA with Philadelphia containing 2511 homes for sale, the highest number of listed properties in a single city. There is 1 cities within Philadelphia County, PA; homes for sale in that cities, have a range of median values from $8,495,000 in Philadelphia to the lowest value of $17,785 in Philadelphia.
    Sold Homes
    The median value for recently sold homes ranges from $17,973,181 in Philadelphia to the lowest price of $19,676 in Philadelphia. There is 1 cities within Philadelphia County, PA. Philadelphia has 9852 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.08% of properties in Philadelphia County, PA.

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      Guide for Philadelphia County, PA

      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.