SQS Weekly Market Update

Philadelphia, PA 19147

Single-Family Homes

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Philadelphia, PA 19147

Sat Sep 05 2026
This week the median list price for Philadelphia, PA 19147 is $560,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 94. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Philadelphia, PA 19147

Sat Sep 05 2026
This week the median list price for Philadelphia, PA 19147 is $560,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 94. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Philadelphia market.
Median List Price $560,000
Median Price of New Listings $599,000
Per Square Foot $361
Average Days on Market 136
Median Days on Market 77
Price Decreased 43%
Price Increased 1%
Relisted 6%
Inventory 94
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
$1,090,000 3,169 0 - 4,500 sqft 4 4.3 8 3 5 94
$635,000 1,776 0 - 4,500 sqft 3 2.5 106 1 0 56
$443,950 1,233 0 - 4,500 sqft 3 2 106 2 2 59
$325,000 882 0 - 4,500 sqft 2 1 106 1 6 91