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Philadelphia Market Report

$432,870

AVERAGE PRICE OF 8,630 HOMES

$249,557

AVERAGE PRICE OF 167 DISTRESSED HOMES

$2,508,757

AVERAGE PRICE OF 586 MULTI-MILLION DOLLAR HOMES

$1,246,843

AVERAGE PRICE OF 511 NEWLY BUILT HOMES

$539,888

AVERAGE PRICE OF 31 HOMES WITH A POOL

$356,456

AVERAGE PRICE OF 315 REDUCED PRICE HOMES

Average Home

Average Price $432,870
Avg Bedrooms 2.26 beds
Avg Bathrooms 1.38 baths

Average Price by Bedrooms

1 bedroom $335,165
2 bedrooms $399,637
3 bedrooms $366,508
4 bedrooms $600,180
5 bedrooms $641,166
Philadelphia Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 8,422 9,145 9,755 9,995 9,980
Average Price $434,421 $432,287 $438,304 $435,945 $432,377
Avg Price Change +0.49% -1.39% +0.54% +0.83% -0.94%
Median Price $249,899 $251,996 $264,126 $267,588 $268,200
Med Price Change -0.84% -4.81% -1.31% -0.23% -0.70%
Avg Bedrooms 2.27 beds 2.28 beds 2.37 beds 2.38 beds 2.36 beds
Avg Bathrooms 1.38 baths 1.39 baths 1.44 baths 1.45 baths 1.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frankford 38 $316,318 161 days
Kensington 60 $634,561 171 days
Overbrook 46 $201,096 130 days
Roxborough 38 $525,925 103 days
South Philadelphia 103 $1,095,133 180 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,630 $432,870 138 days
Distressed Homes 167 $249,557 126 days
Multi-Million Dollar Homes 586 $2,508,757 212 days
Newly Built Homes 511 $1,246,843 192 days
Homes with a Pool 31 $539,888 89 days
Reduced Price Homes 315 $356,456 93 days
Keller Williams Devon-Wayne - Hardy Real Estate Group
744 W. Lancaster Avenue, Suite 125
Wayne, PA 19087
610-784-3279

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams Devon-Wayne - Hardy Real Estate Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2023 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: February 7, 2023 11 AM.
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