Housing in Philadelphia, PA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$270,000
Median List Price
$265,000
Price Per Sq Ft
$201
Days on Market
67
Active Inventory
4,375
Months of Supply
5.1
Balanced market
Zillow Home Value
$227,523
ZHVI — January 2026
Zillow Rent Index
$1,710
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
19.2%
Off Market in 2 Weeks
27.8%
Sale-to-List Ratio
97.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
863
New Listings
1,353
Pending Sales
1,087
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$201
Median List $/SF
$203
Philadelphia vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with over 1,000,000 residents. Philadelphia is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$232,400
Median Rent
$1,323
Total Housing Units
739,725
Vacancy Rate
9.5%
Owner Occupied
52.3%
Renter Occupied
47.7%
Median Property Tax
$1,952
per year
Monthly Cost (w/ Mortgage)
$1,100
Housing Types
The current median sale price in Philadelphia, PA is $270,000 according to Redfin data. Homes spend a median of 67 days on the market. 19.2% of homes sold above asking price. The market has 5.1 months of supply. The median price per square foot is $201. Zillow's observed rent index is $1,710/month. About 52.3% of housing units are owner-occupied. The median year homes were built is 1949. There are 739,725 total housing units.