RealTrends Market Report

Philadelphia, PA

Single-Family Homes

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Philadelphia, PA

Tue Apr 21 2026
This week the median list price for Philadelphia, PA is $255,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 2,266. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Philadelphia, PA

Tue Apr 21 2026
This week the median list price for Philadelphia, PA is $255,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 2,266. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Philadelphia market.
Median List Price $255,000
Median Price of New Listings $285,000
Per Square Foot $200
Average Days on Market 122
Median Days on Market 63
Price Decreased 34%
Price Increased 1%
Relisted 7%
Inventory 2,266
Median Rent
Market Action 35
Slight Seller's Advantage

The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$665,000 2,234 0 - 4,500 sqft 4 3 76 65 47 56
$315,000 1,353 0 - 4,500 sqft 3 2 101 63 54 56
$214,500 1,120 0 - 4,500 sqft 3 1.5 101 50 48 63
$125,000 1,084 0 - 4,500 sqft 3 1 106 47 60 56