SQS Weekly Market Update

Philadelphia, PA 19147

Single-Family Homes

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Philadelphia, PA 19147

Sun Jun 07 2026
This week the median list price for Philadelphia, PA 19147 is $637,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 114. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Philadelphia, PA 19147

Sun Jun 07 2026
This week the median list price for Philadelphia, PA 19147 is $637,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 114. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Philadelphia market.
Median List Price $637,000
Median Price of New Listings $597,000
Per Square Foot $367
Average Days on Market 110
Median Days on Market 42
Price Decreased 41%
Price Increased 3%
Relisted 5%
Inventory 114
Median Rent
Market Action 37
Slight Seller's Advantage

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

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
$1,400,000 3,635 0 - 4,500 sqft 4 4.5 12 2 0 49
$700,000 1,985 0 - 4,500 sqft 3 2.5 73 5 5 52
$460,000 1,269 0 - 4,500 sqft 3 2 106 3 6 42
$334,450 923 0 - 4,500 sqft 2 1.3 106 4 1 21