Philadelphia, PA Home Values & Market Trends

Real estate market trends reflect that there have been 17,875 transactions over the past year in Philadelphia. The median value for residential home transactions that occurred over the previous year is $241,653. The number of current listings in Philadelphia is 2,656, and the percentage of properties for sale in the city is 2656.00%. Philadelphia, PA currently has 2,618 properties in foreclosure, 88 bank owned properties, 607 properties headed for auction, and 2,656 properties for sale.

Philadelphia, PA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
19134

$ 119,703

$ 102/sqft

19102

$ 585,732

$ 387/sqft

19134

$ 119,703

$ 102/sqft

19106

$ 562,000

$ 411/sqft

19146

$ 419,900

$ 285/sqft

19106

$ 562,000

$ 411/sqft

19146

$ 419,900

$ 285/sqft

19111

$ 252,563

$ 200/sqft

19143

$ 208,229

$ 161/sqft

19111

$ 252,563

$ 200/sqft

19121

$ 225,000

$ 171/sqft

19151

$ 219,876

$ 165/sqft

19143

$ 208,229

$ 161/sqft

19149

$ 240,895

$ 195/sqft

19121

$ 225,000

$ 171/sqft

19151

$ 219,876

$ 165/sqft

19148

$ 288,964

$ 266/sqft

19149

$ 240,895

$ 195/sqft

19148

$ 288,964

$ 266/sqft

19135

$ 208,750

$ 171/sqft

19145

$ 265,000

$ 229/sqft

19135

$ 208,750

$ 171/sqft

19145

$ 265,000

$ 229/sqft

19141

$ 176,063

$ 145/sqft

19132

$ 94,384

$ 82/sqft

19141

$ 176,063

$ 145/sqft

19132

$ 94,384

$ 82/sqft

19119

$ 299,900

$ 201/sqft

19139

$ 149,900

$ 125/sqft

19119

$ 299,900

$ 201/sqft

19139

$ 149,900

$ 125/sqft

19152

$ 329,900

$ 255/sqft

19124

$ 179,897

$ 159/sqft

19152

$ 329,900

$ 255/sqft

19124

$ 179,897

$ 159/sqft

19136

$ 238,785

$ 191/sqft

19125

$ 349,000

$ 278/sqft

19136

$ 238,785

$ 191/sqft

19125

$ 349,000

$ 278/sqft

19114

$ 340,681

$ 242/sqft

19140

$ 108,368

$ 93/sqft

19114

$ 340,681

$ 242/sqft

19140

$ 108,368

$ 93/sqft

19150

$ 269,149

$ 195/sqft

19147

$ 525,000

$ 335/sqft

19150

$ 269,149

$ 195/sqft

19147

$ 525,000

$ 335/sqft

19154

$ 337,165

$ 242/sqft

19103

$ 599,000

$ 521/sqft

19154

$ 337,165

$ 242/sqft

19144

$ 217,219

$ 144/sqft

19115

$ 397,000

$ 246/sqft

19103

$ 599,000

$ 521/sqft

19115

$ 397,000

$ 246/sqft

19144

$ 217,219

$ 144/sqft

19116

$ 435,943

$ 229/sqft

19128

$ 389,900

$ 244/sqft

19116

$ 435,943

$ 229/sqft

19128

$ 389,900

$ 244/sqft

19127

$ 299,450

$ 235/sqft

19120

$ 175,738

$ 151/sqft

19127

$ 299,450

$ 235/sqft

19120

$ 175,738

$ 151/sqft

19137

$ 235,000

$ 189/sqft

19122

$ 340,000

$ 227/sqft

19137

$ 235,000

$ 189/sqft

19122

$ 340,000

$ 227/sqft

19118

$ 1,250,000

$ 400/sqft

19131

$ 140,000

$ 114/sqft

19129

$ 325,000

$ 265/sqft

19131

$ 140,000

$ 114/sqft

19118

$ 1,250,000

$ 400/sqft

19130

$ 419,500

$ 335/sqft

19129

$ 325,000

$ 265/sqft

19130

$ 419,500

$ 335/sqft

19126

$ 299,990

$ 170/sqft

19138

$ 189,000

$ 153/sqft

19126

$ 299,990

$ 170/sqft

19142

$ 138,000

$ 110/sqft

19153

$ 282,413

$ 234/sqft

19138

$ 189,000

$ 153/sqft

19153

$ 282,413

$ 234/sqft

19142

$ 138,000

$ 110/sqft

19113

$ --

$ --

19107

$ 297,687

$ 329/sqft

19112

$ --

$ --

19107

$ 297,687

$ 329/sqft

19109

$ --

$ --

19133

$ 79,900

$ 84/sqft

19108

$ --

$ --

19133

$ 79,900

$ 84/sqft

19176

$ --

$ --

19104

$ 257,580

$ 161/sqft

19113

$ --

$ --

19104

$ 257,580

$ 161/sqft

19112

$ --

$ --

19123

$ 545,500

$ 340/sqft

19109

$ --

$ --

19123

$ 545,500

$ 340/sqft

19108

$ --

$ --

19102

$ 585,732

$ 387/sqft

19176

$ --

$ --

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Housing Market Summary for Philadelphia, PA

Dec 2023November 2024Change
Median Listing Price$228.9K$254.7K11.26%
Median Sold Price$208K$235.1K13.00%
Homes For Sale2,5492,6222.86%
Homes Sold10,58510,571-0.13%
Price
$/Sqft
Homes For Sale
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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, PA

Philadelphia home values range from $18,942 to $6,950,000. The median estimated value of a home in Philadelphia is $241,653. The median list price of a home is 255,110.079, and the total count of properties in the city is 18,420.

Foreclosure
There are 102 zips within Philadelphia, PA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,962,250 in 19132 to the lowest value of $21,152 in 19132. Foreclosure homes account for 14.00% of properties in Philadelphia, PA with 19143 containing 176 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 10.44% of all residential properties in Philadelphia, PA with 19143 containing 137 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 102 zips within Philadelphia, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $900,964 in 19102 to the lowest home value of $21,152 in 19132.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Philadelphia, PA ranges from the highest value of $340,724 in 19130 to the lowest value of $59,919 in 19132. Bank owned homes and properties account for 0.48% of properties in Philadelphia, PA. There are 102 zips within Philadelphia, PA; 19131 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    19138 has 39 auction properties, the highest number of properties going to auction in a single zip in the state of Philadelphia, PA. Auction homes and other auction properties account for 3.30% of all properties in Philadelphia, PA. There are 102 zips within Philadelphia, PA; of those zips, the median estimated home value for homes going to auction ranges from $365,638 in 19103 to the lowest value of $38,413 in 19103.
Homes for Sale
Homes and properties that are actively listed for sale account for 14.42% of residential properties in Philadelphia, PA with 19134 containing 163 homes for sale, the highest number of listed properties in a single zip. There are 102 zips within Philadelphia, PA; homes for sale in those zips, have a range of median values from $4,900,000 in 19118 to the lowest value of $20,885 in 19133.
    Sold Homes
    The median value for recently sold homes ranges from $3,103,822 in 19118 to the lowest price of $18,942 in 19118. There are 102 zips within Philadelphia, PA. 19134 has 483 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 57.16% of properties in Philadelphia, PA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
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      Philadelphia, PA
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      Guide for Philadelphia, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      California
      California Pre-Foreclosure Crisis Deepens with 34% Monthly Spike in September 2024
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024
      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023
      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013
      California Pre-Foreclosure Crisis Deepens with 34% Monthly Spike in September 2024
      California|posted 22 November 2024