Philadelphia County, PA Home Values & Market Trends

The median home price in Philadelphia County, PA is $201,737.95. There were 19,505 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 $213,971.145. The number of current listings in Philadelphia County, PA is 2,431, and the percentage of properties for sale is 2431.00%. The county has 2,839 foreclosures, 95 bank owned properties, 621 headed for auction, and 2,431 properties for sale.

Philadelphia County, PA Real Estate Market Overview

CityMedian Est. Value
Philadelphia

$ 227,082

$ 178/sqft

Housing Market Summary for Philadelphia County, PA

Mar 2023February 2024Change
Median Listing Price$239.7K$199.3K-16.83%
Median Sold Price$213.6K$199.3K-6.65%
Homes For Sale2,7422,044-25.46%
Homes Sold11,15010,335-7.31%
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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 $10,626 to $19,269,142. Philadelphia is the priciest city with a median listing home price of $256,519.041, and Philadelphia is most affordable with average house prices of around $256,519.041.

Foreclosure
There is 1 cities within Philadelphia County, PA; within this cities, the median estimated home value for homes in foreclosure ranges from $2,670,075 in Philadelphia to the lowest value of $10,799 in Philadelphia. Foreclosure homes account for 0.00% of properties in Philadelphia County, PA with Philadelphia containing 2839 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.45% of all residential properties in Philadelphia County, PA with Philadelphia containing 2123 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 $2,670,075 in Philadelphia to the lowest home value of $10,799 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 $950,000 in Philadelphia to the lowest value of $35,200 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 95 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 $24,890 in Philadelphia.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.51% of residential properties in Philadelphia County, PA with Philadelphia containing 2431 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 $15,672 in Philadelphia.
    Sold Homes
    The median value for recently sold homes ranges from $17,956,350 in Philadelphia to the lowest price of $19,042 in Philadelphia. There is 1 cities within Philadelphia County, PA. Philadelphia has 9934 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.10% 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
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      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

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.