SQS Weekly Market Update

Philadelphia, PA 19147

Single-Family Homes

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Philadelphia, PA 19147

Tue Sep 15 2026
This week the median list price for Philadelphia, PA 19147 is $537,500 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 100. Click here to stay informed with the Philadelphia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Philadelphia, PA 19147

Tue Sep 15 2026
This week the median list price for Philadelphia, PA 19147 is $537,500 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 100. Click here to stay informed with the Philadelphia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Philadelphia market.
Median List Price $537,500
Median Price of New Listings $562,500
Per Square Foot $357
Average Days on Market 126
Median Days on Market 70
Price Decreased 42%
Price Increased 1%
Relisted 5%
Inventory 100
Median Rent
Market Action 35
Slight Seller's Advantage

This week prices in this zip code bumped up a bit but the trend of the last few weeks is generally downward. Look for an up shift in the Market Action Index before we see a significant rise in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$995,000 2,630 0 - 4,500 sqft 4 3.5 4 4 1 63
$635,000 1,759 0 - 4,500 sqft 3 2.5 106 1 2 42
$435,000 1,230 0 - 4,500 sqft 3 2 107 2 4 70
$315,000 885 0 - 4,500 sqft 2 1 106 3 2 91