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.

Related Articles

Streets Department Announces Sidewalk and ADA Ramp Improvements in Logan Square Park

The Streets Department will begin construction on sidewalk and ADA ramp improvements in Logan Square Park starting December 1, 2025. The project aims to enhance safety and accessibility for residents and visitors, with work expected to continue through Spring 2026. Vehicle lane and sidewalk closures will affect access to Logan Circle and Swann Fountain during this period.

Pennsylvania Enacts CROWN Act to Ban Hair Discrimination

Pennsylvania Governor Josh Shapiro signed the CROWN Act into law, expanding protections against hair discrimination statewide. This legislation, which builds on Philadelphia's 2020 law, aims to promote workplace fairness and equity, especially for Black and brown individuals.

Mayor Parker to Speak at Philadelphia Convention Visitors Bureau Annual Luncheon

Mayor Cherelle L. Parker will address the Philadelphia Convention & Visitors Bureau's annual luncheon on November 26, 2025. The event celebrates the region's tourism and hospitality sectors as they prepare for 2026.