Philadelphia Real Estate Market Overview & Forecast (2025 & 2026) | The Luxury Playbook

Philadelphia, PALocal News

Philadelphia's real estate market is gaining momentum in 2025, with a median sale price of $250,000, reflecting a 3. 4% increase year-over-year. Homes spend an average of 67 days on the market, indicating a balanced market where buyers and sellers have equal leverage. The city recorded over 4,500 active listings in early Q1, alongside 1,127 new listings, suggesting healthier supply levels than during the tightest post-COVID periods. Despite inventory being 46% lower than pre-pandemic norms, it has improved 5.

5% year-over-year, easing pressure for buyers. Investors are attracted to Philadelphia's affordability and potential for long-term appreciation, particularly in revitalizing neighborhoods. Current market conditions provide a favorable environment for acquiring assets, especially in mid-tier price ranges.

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