Philadelphia Housing Market Report April 2025Philadelphia County, Pennsylvania

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Housing Prices in Philadelphia, PA

How much do homes in Philadelphia, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$291,214$221/SqFt
+$15,865
+5.8%

Based on all homes listed in April 2025

Insight

The list price of homes in Philadelphia has increased by 5.8% since March.

Summary: The median home list price in Philadelphia was $291,214 in April 2025, up 5.8% from the previous month, and the median price per square foot was $221.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Cheltenham Township
+15.9%
Philadelphia
+5.8%
Upper Darby
+4.3%
Camden
+2.3%
Millbourne
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1$279.4K$285K
+2.0%
2$298.8K$299.7K
0.3%
3$244.5K$253.9K
+3.8%
4$363.8K$399.4K
+9.8%
5$423.1K$429.6K
+1.5%

Summary: Philadelphia housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes increased by +2.0%. The home price for 2 bedroom homes increased by 0.3%. The home price for 3 bedroom homes increased by +3.8%. The home price for 4 bedroom homes increased by +9.8%. The home price for 5 bedroom homes increased by +1.5%.

How does Philadelphia, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Philadelphia, PA

Housing supply in Philadelphia, PA

How many homes are available in Philadelphia, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
5,898Last MonthApr 2025
3,9412 months agoMar 2025
+49.7 %
Change MoMMar – Apr

Summary: The Philadelphia real estate market had 5,898 homes for sale in Apr 2025, a 49.7 % increase compared to Mar 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
1268381
+42.2%
27691,126
+46.4%
32,0223,084
+52.5%
4625934
+49.4%
5257373
+45.1%

Summary: Philadelphia housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +42.2%. The inventory for 2 bedroom homes increased by +46.4%. The inventory for 3 bedroom homes increased by +52.5%. The inventory for 4 bedroom homes increased by +49.4%. The inventory for 5 bedroom homes increased by +45.1%.

Asking Price vs. Sold Price

How much do homes in Philadelphia, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price4 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Philadelphia, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Philadelphia in April 2025, up by 1,000.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and and 18% were sold over asking.

Days on Market for Philadelphia, PA

How long does it take to sell a home in Philadelphia, PA?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days2 Homes

Over 90 Days3 Homes

Insight

Many homes in Philadelphia are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 11 homes were sold in Philadelphia; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
88 DaysLast MonthApr 2025
100 Days1 month agoMar 2025
-12.2 %
Change MoMMar – Apr

Summary: Homes in Philadelphia had an average listing age of 88 days in Apr 2025, down by 12.2% compared to the previous month.

Newest Listings in Philadelphia, PA

What homes are available in Philadelphia, PA?

MLS Disclaimers and Copyright

Based on information from BrightMLS, Greater Lehigh Valley MLS, and Pocono Mountains Association of Realtors MLS for the period 03/01/2025 - 05/01/2025

IDX 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: 5/2/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lehigh Valley REALTORS® 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: 5/2/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site includes listings held by MLS IDX Participants of the Internet Data Exchange Program of the Multiple Listing Service of the Pocono Mountain Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed of implied.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 4:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.