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Center City Center City East Elfreth's Alley Independence Mall Historic Area Market East North Del Ave Club District Old City Lounge District Olde City Penn's Landing Riverfront Society Hill

PHILADELPHIA, PA 19106

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 19106

Center City · Center City East · Elfreth's Alley · Independence Mall Historic Area · Market East · North Del Ave Club District · Old City Lounge District · Olde City · Penn's Landing · Riverfront · Society Hill

Market Analysis

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

The PHILADELPHIA, PA real estate market (19106) currently shows 117 active listings, with 30 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 78 days on market compared to 122 days last year.

The median listing price has risen 0.4% year-over-year, from $445,750 to $447,450.

Whether you are buying or selling in PHILADELPHIA, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,012  ·  Density: 6,364.3/mi²  ·  Median household income: $128,173

Typical home value: $511,316  ·  Homeownership: 47.8%

Market Overview

Active Listings
117
⇩ 2.5% vs 120 last year
Pending
30
26% pending ratio
Median Price
$447,450
⇧ 0.4% vs $445,750 last year
Average Price
$1,061,376
⇩ 8.5% vs $1,160,182 last year
Days on Market
78
⇩ 36.1% vs 122 days last year

Price Per Square Foot

Median $/sqft
$411
⇧ 2.5% vs $401/sqft last year
Median Home Size
1,288 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 117 this year vs 120 last year
  • Days on market: 78 now vs 122 last year

Median & Average Pricing

Year over Year
  • Median: $447,450 (+0.4% YoY)
  • Average: $1,061,376 (-8.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.6 miles — 1,689 listings ($687,761,498 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19106Philadelphia, PA 191060.0 mi111$121,384,827$441,500$1,093,557
19107Philadelphia, PA 191071.0 mi86$37,923,248$255,000$440,968
19123Philadelphia, PA 191231.3 mi127$91,876,499$575,000$723,437
08103Camden, NJ 081031.7 mi34$5,531,630$150,000$162,695
19122Philadelphia, PA 191222.2 mi111$47,584,035$339,900$428,685
19125Philadelphia, PA 191252.3 mi195$100,532,640$459,900$515,552
19148Philadelphia, PA 191482.4 mi214$75,785,104$315,000$354,136
08105Camden, NJ 081052.7 mi33$7,325,241$227,500$221,977
19121Philadelphia, PA 191213.2 mi201$60,395,475$268,500$300,475
19145Philadelphia, PA 191453.4 mi178$65,372,992$299,999$367,264
19132Philadelphia, PA 191323.8 mi201$33,647,199$129,900$167,399
08107Oaklyn, NJ 081074.1 mi35$13,524,560$362,500$386,416
19140Philadelphia, PA 191404.6 mi163$26,878,048$150,000$164,896

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19106?

As of February 2026, there are 117 active listings in PHILADELPHIA, PA (zip code 19106), compared to 120 the prior year.

What is the median home price in PHILADELPHIA, PA 19106?

The median listing price in PHILADELPHIA, PA 19106 is $447,450 as of February 2026, a 0.4% increase from $445,750 the prior year.

How long do homes stay on the market in PHILADELPHIA, PA?

Homes in PHILADELPHIA, PA 19106 spend an average of 78 days on the market before going under contract, compared to 122 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19106?

Based on current inventory and days-on-market data as of February 2026, PHILADELPHIA, PA 19106 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 78 days on market compared to 122 days last year.

How much can I save on real estate commission in PHILADELPHIA, PA?

With SELL123.com's maximum 3% commission, sellers in PHILADELPHIA, PA 19106 save an estimated $8,949 compared to a typical 5% commission on the median listing price of $447,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.