New - 2 hours on Rocket
$7,113 Closing Credit¹
Abdulai Diallo, Listing Office: KW Empower
Philadelphia County Housing Market Report December 2024•Philadelphia County, Pennsylvania
Housing Prices in Philadelphia County, PA
How much do homes in Philadelphia County, PA cost?
Housing Market Conditions
Is Philadelphia County, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Philadelphia County is a Seller's Market
Difference Since December 2023
Since last year, Philadelphia County has remained a Seller's Market.
Insight
Philadelphia County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$267,822$202/SqFt
+$12,860
+5.0%
Based on all homes sold in the last 12 months
Insight
Homes in Philadelphia County have sold for 5% more than they did a year ago.
Summary: The median home sold price in Philadelphia County was $267,822 in December 2024, up 5% from last year, and the median price per square foot was $202.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Camden County | $300.4K | $334.8K | +11.5% |
| Gloucester County | $314.6K | $344.8K | +9.6% |
| Delaware County | $326.2K | $350.5K | +7.5% |
| Montgomery County | $419.9K | $449.1K | +7.0% |
| Philadelphia County | $254.9K | $267.8K | +5.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $250K | $271K | +8.4% |
| 55+ Bedrooms | $377K | $412.5K | +9.4% |
| 11 Bedroom | $275K | $266.9K | -2.9% |
| 33 Bedrooms | $236.4K | $249K | +5.3% |
| 44 Bedrooms | $333K | $339.6K | +2.0% |
Summary: Philadelphia County housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes increased by +8.4%. The home price for 5 bedroom homes increased by +9.4%. The home price for 1 bedroom homes decreased by -2.9%. The home price for 3 bedroom homes increased by +5.3%. The home price for 4 bedroom homes increased by +2.0%.
Housing supply in Philadelphia County, PA
How many homes are available in Philadelphia County, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5,883Last MonthDec 2024 | ||
| 6,0222 months agoNov 2024 | -2.3 % Change MoMNov – Dec |
Summary: The Philadelphia County real estate market had 5,883 homes for sale in Dec 2024, a 2.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,027Last MonthDec 2024 | ||
| 1,0422 months agoNov 2024 | -1.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 1,091 | 1,100 | +0.8% |
| 55+ Bedrooms | 369 | 364 | -1.4% |
| 11 Bedroom | 278 | 275 | -1.1% |
| 33 Bedrooms | 3,353 | 3,257 | -2.9% |
| 44 Bedrooms | 931 | 887 | -4.7% |
Summary: Philadelphia County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes increased by +0.8%. The inventory for 5 bedroom homes decreased by -1.4%. The inventory for 1 bedroom homes decreased by -1.1%. The inventory for 3 bedroom homes decreased by -2.9%. The inventory for 4 bedroom homes decreased by -4.7%.
Asking Price vs. Sold Price
How much do homes in Philadelphia County, PA cost?
Over Asking Price218 Homes
At Asking Price229 Homes
Under Asking Price580 Homes
Insight
If you're buying a home in Philadelphia County, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 1,027 homes were sold or pending in Philadelphia County in December 2024, down by 1.4% month-over-month. Of the 1027 sold homes, 56% were sold under asking, 22% were sold at asking, and and 21% were sold over asking.
Days on Market for Philadelphia County, PA
How long does it take to sell a home in Philadelphia County, PA?
Breakdown of Home Sale Times
Under 30 Days554 Homes
30 – 90 Days306 Homes
Over 90 Days167 Homes
Insight
Many homes in Philadelphia County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1027 homes were sold in Philadelphia County; 54% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 49 DaysThis YearDec 2024 | ||
| 48 Days1 year agoDec 2023 | +0.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Philadelphia County had an average listing age of 49 days in Dec 2024, up by 0.9% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Philadelphia County, PA
What homes are available in Philadelphia County, PA?
New - 2 hours on Rocket
Michael R Lopez, Listing Office: EXP Realty, LLC
New - 3 hours on Rocket
$4,453 Closing Credit¹
Sonja S Wayns, Listing Office: Diversified Realty Solutions
New - 3 hours on Rocket
$1,063 Closing Credit¹
Victoria Vasile, Listing Office: Vasile Victoria
New - 3 hours on Rocket
Robert Thomas Rodgers, Listing Office: Long & Foster Real Estate, Inc.
Coming soon
$3,076 Closing Credit¹
Luna Ge, Listing Office: Canaan Realty Investment Group
Coming soon
$1,661 Closing Credit¹
Rebecca Rush, Listing Office: Del Val Realty & Property Management
New - 5 hours on Rocket
$2,553 Closing Credit¹
Dory Dean Mendenhall, Listing Office: Homestarr Realty
New - 5 hours on Rocket
Jonathan M Mendys, Listing Office: RE/MAX Access
Coming soon
$1,188 Closing Credit¹
Maria Maria Quattrone Quattrone, Listing Office: RE/MAX @ HOME
Coming soon
$4,393 Closing Credit¹
Luna Ge, Listing Office: Canaan Realty Investment Group
New - 5 hours on Rocket
$3,266 Closing Credit¹
Derek J. Greene, Listing Office: The Greene Realty Group
Popular Cities with Homes for Sale in Pennsylvania
- Homes for sale in Allentown, PA
- Homes for sale in Bethlehem, PA
- Homes for sale in Butler, PA
- Homes for sale in Carlisle, PA
- Homes for sale in Chambersburg, PA
- Homes for sale in Doylestown, PA
- Homes for sale in Easton, PA
- Homes for sale in Erie, PA
- Homes for sale in Greensburg, PA
- Homes for sale in Hanover, PA
- Homes for sale in Harrisburg, PA
- Homes for sale in Lancaster, PA
- Homes for sale in Lansdale, PA
- Homes for sale in Lebanon, PA
- Homes for sale in Lititz, PA
- Homes for sale in Mechanicsburg, PA
- Homes for sale in Philadelphia, PA
- Homes for sale in Pittsburgh, PA
- Homes for sale in Reading, PA
- Homes for sale in West Chester, PA
- Homes for sale in York, PA
MLS Disclaimers and Copyright
Based on information from BrightMLS, and Greater Lehigh Valley MLS for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 11:20:58 PM 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: 1/17/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/17/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.