Guest, Sign inJoin

Post to Philadelphia

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
Philadelphia skyline 20240528 (cropped 2-1)Photo: 颐园居 · CC BY-SA 4.0
Housing in Philadelphia

13,938 homes sold in Philadelphia in the last year, at a typical $283K

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Philadelphia homes are listed.

Homes sold
13,938
October 2025 to September 2026
Typical sale price
$283K
houses $436K · condos $322K (year to May 2026)
Price per square foot
$212
Pennsylvania $186
Paid vs. asking
97.8%
25% sold over asking
For sale now
6,337
September 2026 · 1186 sold that month
What sold · last 12 months

10% of Philadelphia’s sales are condos, at $114K less than a house

885 houses and 1441 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$436K

typical sale · 885 sold in the year to May 2026

Per square foot
$232PA $183
Days to sell
41
Sold over asking
30%
Listings with a price cut
26%
Condos$322K

typical sale · 1441 sold in the year to May 2026

Per square foot
$341PA $261
Days to sell
75
Sold over asking
11%
Listings with a price cut
23%
Fewer sales

Multi-family (2–4 units): 335 sold, typical $306K
Townhouses: 11248 sold, typical $262K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

13,938 sales in the last year, against 20,296 in 2021 and a low of 11,310 in 2012. The typical sale went from $169K in 2016 to $283K.

Homes soldTypical sale price
05075101501522520300$150K$200K$250K$300K2012: 11310 sold, typical $141K’122013: 13100 sold, typical $145K2014: 13193 sold, typical $146K’142015: 15047 sold, typical $155K2016: 17072 sold, typical $169K’162017: 18205 sold, typical $187K2018: 17976 sold, typical $200K’182019: 17189 sold, typical $208K2020: 16647 sold, typical $237K’202021: 20296 sold, typical $261K2022: 17891 sold, typical $263K’222023: 14637 sold, typical $250K2024: 14523 sold, typical $262K’242025: 14253 sold, typical $271KLast 12 months: 13938 sold, typical $283KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $300K buys in Philadelphia

Houseat $232 a sq ft, year to May 2026
Condoat $341 a sq ft, year to May 2026
The same money in Pennsylvaniaat $183 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Philadelphia homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Philadelphia are more common than before the pandemic, with about as many homes for sale

We read every month of Philadelphia’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 13,938 sales.

If you’re buying in Philadelphia

  • Shop in March. It brings about 2174 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Offer under asking. Buyers paid 97.8% of the list price on average; 25% paid over.
  • You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 53 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 2174 a month), but June is the most competitive: 24% of June sales close over asking. January has the least competition (17%).

New listings a monthShare sold over asking
0543.81,087.51,631.32,17513%27%40%Sweet spotJan: 1562 new listings a month, 17% sold over asking, 57 days to sellJFeb: 1716 new listings a month, 18% sold over asking, 62 days to sellFMar: 2174 new listings a month, 20% sold over asking, 54 days to sellMApr: 2149 new listings a month, 22% sold over asking, 45 days to sellAMay: 2127 new listings a month, 23% sold over asking, 38 days to sellMJun: 2091 new listings a month, 24% sold over asking, 38 days to sellJJul: 1952 new listings a month, 23% sold over asking, 39 days to sellJAug: 1883 new listings a month, 21% sold over asking, 41 days to sellASep: 1977 new listings a month, 21% sold over asking, 43 days to sellSOct: 1931 new listings a month, 20% sold over asking, 44 days to sellONov: 1509 new listings a month, 20% sold over asking, 46 days to sellNDec: 1103 new listings a month, 19% sold over asking, 48 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Pennsylvania

Philadelphia now2017–192021 peakPA now
Sold over askingShare of sales that closed above the list price25%19%28%30%
Gone within two weeksShare of homes under contract within 14 days35%29%46%45%
Price paid vs. askingAverage sale price ÷ list price97.8%97%98.6%98.7%
Days to sellMedian days from listing to contract53413739
Supply

5291 homes for sale on a typical day

That’s 1.2 times the 2018 low (4532), about the 2017–19 level and well under 2012’s 7566.

2012: 7566 for sale’122013: 6837 for sale2014: 7067 for sale2015: 6844 for sale’152016: 5840 for sale2017: 5233 for sale2018: 4532 for sale’182019: 4923 for sale2020: 4621 for sale2021: 4540 for sale’212022: 4917 for sale2023: 4776 for sale2024: 4757 for sale’242025: 5088 for saleLast 12 months: 5291 for saleNow
Prices by type

Since 2019, houses are up 47%, condos 3%

A house typically sold for $436K in the year to May 2026 (885 sales), a condo for $322K (1441).

$200K$300K$400K$500K2013201520172019202120232025NowHouses 2013: $179K, 2637 salesHouses 2014: $177K, 2598 salesHouses 2015: $183K, 2943 salesHouses 2016: $194K, 3387 salesHouses 2017: $212K, 3488 salesHouses 2018: $233K, 2726 salesHouses 2019: $297K, 1039 salesHouses 2020: $327K, 1037 salesHouses 2021: $376K, 1231 salesHouses 2022: $391K, 1094 salesHouses 2023: $381K, 889 salesHouses 2024: $405K, 936 salesHouses 2025: $429K, 880 salesHouses last 12 months: $436K, 885 salesHouses $436KCondos 2013: $264K, 1624 salesCondos 2014: $290K, 1602 salesCondos 2015: $300K, 1796 salesCondos 2016: $307K, 2007 salesCondos 2017: $320K, 2289 salesCondos 2018: $324K, 2169 salesCondos 2019: $313K, 1592 salesCondos 2020: $318K, 1463 salesCondos 2021: $322K, 2076 salesCondos 2022: $330K, 1849 salesCondos 2023: $316K, 1402 salesCondos 2024: $330K, 1365 salesCondos 2025: $321K, 1447 salesCondos last 12 months: $322K, 1441 salesCondos $322K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Pennsylvania

Philadelphia ranks 189th of 264 busy Pennsylvania markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Philadelphia is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Philadelphia home costs about $1,671 a month

Mortgage
Property tax
Insurance
Rent

Price: Philadelphia’s typical sale, last 12 months. Property tax at Philadelphia’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Philadelphia is affordable on local pay is on Cost of living.

Before you buy in Philadelphia

Six things worth knowing

2174

New listings in March

The month with the most choice. December has the fewest, about 1103.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $283K home, about $2,330 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Philadelphia, from test results, graduation and how much students grow.

Schools in Philadelphia
32 min

Typical commute

The average one-way trip to work for people who live in Philadelphia.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Cheltenham Village, Elkins Park and Camden sell for less a square foot; Bala Cynwyd for far more

The busier markets within 25 miles of Philadelphia, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Philadelphia13,938$283K$21225%53
Camden431$162K$13235%46
Pennsauken Township329$334K$21949%39
Palmyra128$296K$20639%42
Bala Cynwyd115$647K$31643%58
Elkins Park110$377K$17836%41
Cheltenham Village21$295K$20331%44

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Philadelphia, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Philadelphia. People who follow the town see it, and so do people comparing Philadelphia with their own town. No commission, no listing fee.

Questions about buying a home in Philadelphia

What do homes sell for in Philadelphia, PA?

13,938 homes sold in the year to September 2026 at a typical $283K, $212 a square foot. Houses sold for about $436K, condos for about $322K in the year to May 2026.

Is Philadelphia a buyer’s or seller’s market?

A balanced market: 6337 homes were for sale in September 2026 and 1186 sold, about 5.3 months of supply. Buyers paid 97.8% of asking on average.

When is the best time to buy in Philadelphia?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Philadelphia?

About 0.8% of a home’s value a year. On a $283K home that’s near $2,330.

Where can I see homes for sale in Philadelphia?

Zillow, Redfin, Realtor.com and Homes.com all carry Philadelphia’s MLS listings; the search links above open each one filtered to Philadelphia.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).