Philadelphia, PA metro area: housing market report

Updated 10/26/2026

Verified monthly housing data for Philadelphia, PA metro area. The national median sale price for the same period was $393,895; neither median describes a specific home.

  • Median sale price: $279,358 (+0.1% year over year)
  • Closed sales: 1,502 (-13.8% year over year)
  • Inventory: 7,049 (+17.1% year over year)
  • Median days on market: 52 (+5 days year over year)

For buyers: Inventory is up 17.1% and marketing time is 5 days longer than a year ago. Compare competing listings and ask about concessions; these figures do not guarantee a discount.

For sellers: With a typical 52 days on market, allow time for a sale and review competing inventory before setting your asking price.

Six-month trend

Monthly observations; price is the median sale price in dollars.
MonthPriceSalesDays
2026-04$305,0001,63247
2026-05$310,0001,66349
2026-06$330,0001,63451
2026-07$315,0001,64551
2026-08$305,0001,60751
2026-09$279,3581,50252

Reporting period: 2026-09-01 through 2026-09-30. Source revised: 2026-10-07. Retrieved: 2026-10-26. Source geography: Philadelphia, PA metro area (ID 37964).

Source: Redfin Data Center monthly download. Source methodology.

How to read these figures

Redfin monthly All Residential, all construction; seasonally adjusted where available, except median sale price (not seasonally adjusted). Redfin Metro boundaries can be metro divisions or smaller statistical areas; these are not city limits. Census region follows the first state in the source label for cross-state areas. Monthly data can be revised; weekly publication does not imply weekly measurements.

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About the Author

Written by Jim Gruler, Arizona Licensed Real Estate Broker and Co-Founder of Seeking Agents®. Jim has more than 18 years of real estate experience and helps create educational resources for buyers and sellers navigating the home buying and selling process.

Seeking Agents® is a Phoenix-based platform that helps buyers and sellers compare real estate agents, service offerings, and commission options. Seeking Agents® is not a brokerage and does not provide legal, financial, mortgage, or tax advice.

Last updated: 10/26/2026