Coming soon
$10,000 Closing Credit¹
#PAPH2425236, Jaime Hyman, Listing Office: Compass Pennsylvania, LLC
Lower North Philadelphia Housing Market Report January 2025•Philadelphia County, Pennsylvania
Housing Prices in Lower North Philadelphia, PA
How much do homes in Lower North Philadelphia, PA cost?
Housing Market Conditions
Is Lower North Philadelphia, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lower North Philadelphia is a Buyer's Market
Difference Since January 2024
At the same time last year, Lower North Philadelphia was a Neutral Market.
Insight
Lower North Philadelphia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$368,140$263/SqFt
+$2,536
+0.7%
Based on all homes sold in the last 12 months
Insight
Homes in Lower North Philadelphia have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Lower North Philadelphia was $368,140 in January 2025, up 0.7% from last year, and the median price per square foot was $263.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $354.5K | $375.5K | +5.9% |
| 33 Bedrooms | $439.9K | $405.8K | -7.8% |
| 55+ Bedrooms | $253.7K | $296.7K | +16.9% |
| 11 Bedroom | $280K | $270K | -3.6% |
| 44 Bedrooms | $452.5K | $435K | -3.9% |
Summary: Lower North Philadelphia housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes increased by +5.9%. The home price for 3 bedroom homes decreased by -7.8%. The home price for 5 bedroom homes increased by +16.9%. The home price for 1 bedroom homes decreased by -3.6%. The home price for 4 bedroom homes decreased by -3.9%.
Housing supply in Lower North Philadelphia, PA
How many homes are available in Lower North Philadelphia, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 754Last MonthJan 2025 | ||
| 6882 months agoDec 2024 | +9.6 % Change MoMDec – Jan |
Summary: The Lower North Philadelphia real estate market had 754 homes for sale in Jan 2025, a 9.6 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 71Last MonthJan 2025 | ||
| 892 months agoDec 2024 | -20.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 169 | 196 | +16.0% |
| 33 Bedrooms | 269 | 299 | +11.2% |
| 55+ Bedrooms | 59 | 59 | 0.0% |
| 11 Bedroom | 55 | 52 | -5.5% |
| 44 Bedrooms | 136 | 148 | +8.8% |
Summary: Lower North Philadelphia housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes increased by +16.0%. The inventory for 3 bedroom homes increased by +11.2%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes decreased by -5.5%. The inventory for 4 bedroom homes increased by +8.8%.
Asking Price vs. Sold Price
How much do homes in Lower North Philadelphia, PA cost?
Over Asking Price6 Homes
At Asking Price14 Homes
Under Asking Price51 Homes
Insight
If you're buying a home in Lower North Philadelphia, you may be able to get a good deal. 71.8% of homes here sold below asking price last month.
Summary: A total of 71 homes were sold or pending in Lower North Philadelphia in January 2025, down by 20.2% month-over-month. Of the 71 sold homes, 72% were sold under asking, 20% were sold at asking, and and 8% were sold over asking.
Days on Market for Lower North Philadelphia, PA
How long does it take to sell a home in Lower North Philadelphia, PA?
Breakdown of Home Sale Times
Under 30 Days28 Homes
30 – 90 Days24 Homes
Over 90 Days19 Homes
Insight
Many homes in Lower North Philadelphia are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 71 homes were sold in Lower North Philadelphia; 39% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 76 DaysThis YearJan 2025 | ||
| 82 Days1 year agoJan 2024 | -7.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lower North Philadelphia had an average listing age of 76 days in Jan 2025, down by 7.3% compared to the previous year.
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Newest Listings in Lower North Philadelphia, PA
What homes are available in Lower North Philadelphia, PA?
New - 1 hour on Rocket
$2,433 Closing Credit¹
#PAPH2443512, Santos Julian Rivera, Listing Office: Iron Valley Real Estate of Berks
New - 18 hours on Rocket
$4,749 Closing Credit¹
#PAPH2443376, Rami Akkeh, Listing Office: HomeSmart Realty Advisors
New - 19 hours on Rocket
$10,000 Closing Credit¹
#PAPH2443330, Jim Onesti, Listing Office: KW Empower
New - 20 hours on Rocket
$10,000 Closing Credit¹
#PAPH2443256, Jim Onesti, Listing Office: KW Empower
New - 20 hours on Rocket
#PAPH2441850, Kirk Waechter, Listing Office: Prosperity Real Estate & Investment Services
New - 20 hours on Rocket
#PAPH2441868, Kirk Waechter, Listing Office: Prosperity Real Estate & Investment Services
New - 20 hours on Rocket
#PAPH2441844, Kirk Waechter, Listing Office: Prosperity Real Estate & Investment Services
New - 20 hours on Rocket
$3,563 Closing Credit¹
#PAPH2443262, Maurice A Richardson, Listing Office: Velvet Rope Homes
New - 22 hours on RocketVideo tour
#PAPH2442706, Douglas N. Pearson, Listing Office: Kurfiss Sotheby's International Realty
Coming soon
#PAPH2443142, Javier Nichols, Listing Office: EXP Realty, LLC
New - 23 hours on Rocket
$2,078 Closing Credit¹
#PAPH2442414, Jose Correa, Listing Office: Keller Williams Real Estate Tri-County
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.