Philadelphia, PA Housing Market

Philadelphia, PA's median home value is $390K, up 5.9% over the past year. Homes here sell in a median 36 days. Its PropertyIQ Score of 68 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

PropertyIQ tracks the Philadelphia, PA housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this PA market is set to perform against its state benchmark.

The Mid-Atlantic corridor benefits from proximity to major financial centers and government institutions. Housing markets in this region balance urban density with suburban expansion, creating varied opportunities from walkable city neighborhoods to rapidly growing exurbs. Within the Mid-Atlantic, Philadelphia, PA's PropertyIQ Score of 68 ranks among the Mid-Atlantic's stronger demand signals.

Pennsylvania's housing market spans from Philadelphia's dense urban neighborhoods to Pittsburgh's tech-driven renaissance and rural communities in between, offering diverse investment profiles at various price points.

The PropertyIQ Score for the Philadelphia, PA market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag.

View Philadelphia, PA's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.