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City / Town Overview

Philadelphia, PA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Philadelphia, PA real estate market currently shows 5,460 active listings, with 1,628 pending sales. Homes are averaging 69.2 days on the market before going under contract.

Inventory has tightened compared to last year, with 97 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 69.2 days on market compared to 66.7 days last year.

The median listing price has fallen 2.4% year-over-year, from $309,306 to $301,923.

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Market Context

Market Context

Population: 1,593,611  ·  Density: 6,152.5/mi²  ·  Median household income: $58,805

Typical home value: $229,689  ·  Homeownership: 52.8%

Included Areas

Philadelphia: 19019, 19092, 19093, 19099, 19101, 19102, 19103, 19104, 19105, 19106, 19107, 19108

Area Map

Market Overview

Active Listings
5,460
⇩ 1.7% vs 5,557 last year
Pending
1,628
30% pending ratio
Median Price
$301,923
⇩ 2.4% vs $309,306 last year
Average Price
$404,803
⇩ 5.5% vs $428,395 last year
Days on Market
69.2
⇧ 3.7% vs 67 days last year

Price Per Square Foot

Median $/sqft
$228
⇩ 0.4% vs $229/sqft last year
Median Home Size
1,292 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %