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Philadelphia Market Report

$463,763

AVERAGE PRICE OF 8,559 HOMES

$264,831

AVERAGE PRICE OF 210 DISTRESSED HOMES

$2,449,831

AVERAGE PRICE OF 702 MULTI-MILLION DOLLAR HOMES

$1,161,508

AVERAGE PRICE OF 474 NEWLY BUILT HOMES

$1,154,524

AVERAGE PRICE OF 31 HOMES WITH A POOL

$450,467

AVERAGE PRICE OF 311 REDUCED PRICE HOMES

Average Home

Average Price $463,763
Avg Bedrooms 2.21 beds
Avg Bathrooms 1.35 baths

Average Price by Bedrooms

1 bedroom $326,151
2 bedrooms $383,872
3 bedrooms $361,723
4 bedrooms $689,844
5 bedrooms $891,325
Philadelphia Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 8,447 9,091 9,520 9,413 9,145
Average Price $457,073 $441,899 $439,536 $437,604 $434,378
Avg Price Change +3.43% +0.54% +0.44% +0.74% -0.45%
Median Price $249,999 $249,854 $250,582 $251,205 $250,000
Med Price Change +0.06% -0.29% -0.25% +0.48% 0.00%
Avg Bedrooms 2.19 beds 2.21 beds 2.24 beds 2.24 beds 2.23 beds
Avg Bathrooms 1.32 baths 1.32 baths 1.35 baths 1.37 baths 1.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kensington 70 $416,628 129 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,559 $463,763 160 days
Distressed Homes 210 $264,831 145 days
Multi-Million Dollar Homes 702 $2,449,831 191 days
Newly Built Homes 474 $1,161,508 147 days
Homes with a Pool 31 $1,154,524 87 days
Reduced Price Homes 311 $450,467 81 days
Andy Staton Home Services Group | Ocean Atlantic Sotheby's International Realty
Andy Staton
18949 Coastal Highway, Suite 304
Rehoboth Beach, DE 19958
302-703-9090
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Ocean Atlantic Sotheby's International Realty
Office: 302-227-6767

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