SQS Weekly Market Update
Philadelphia, PA 19147
Single-Family Homes
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Philadelphia, PA 19147
Sun May 03 2026
This week the median list price for Philadelphia, PA 19147 is $617,400 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 98.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $617,400 | |
| Median Price of New Listings | $485,000 | |
| Per Square Foot | $369 | |
| Average Days on Market | 159 | |
| Median Days on Market | 49 | |
| Price Decreased | 42% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 98 | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| $1,245,000 | 3,458 | 0 - 4,500 sqft | 4 | 4 | 12 | 2 | 5 | 49 |
| $699,000 | 1,813 | 0 - 4,500 sqft | 3 | 2.5 | 106 | 1 | 6 | 38 |
| $495,000 | 1,400 | 0 - 4,500 sqft | 3 | 2 | 106 | 5 | 1 | 56 |
| $344,950 | 1,008 | 0 - 4,500 sqft | 3 | 1.5 | 106 | 2 | 5 | 150 |