"Steeped in history and alive with bustling neighborhoods, Philadelphia combines timeless charm with modern city living. The Philadelphia housing market is somewhat competitive. Homes sell in about 34 days on average. In July 2025, the median sale price was $285,000, up 3.6% year over year, with a median $207 per square foot. The sale-to-list price ratio is 99.1%. On average, homes go pending in about 27 days, while hot homes can go pending in around 9 days."
"The Philadelphia housing market is somewhat competitive. Homes sell in about 34 days on average. In July 2025, the median sale price was $285,000, up 3.6% year over year, with a median $207 per square foot. The sale-to-list price ratio is 99.1%. On average, homes go pending in about 27 days, while hot homes can go pending in around 9 days. Philadelphia's median sale price is 40% lower than the national average, and the overall cost of living is 3% higher than the national average."
Philadelphia blends historic character and active neighborhoods with modern city living. The housing market is somewhat competitive, with homes selling in about 34 days on average and going pending in about 27 days; hot homes can go pending in around 9 days. In July 2025 the median sale price was $285,000, up 3.6% year over year, with a median $207 per square foot and a sale-to-list price ratio of 99.1%. Philadelphia's median sale price is 40% lower than the national average while the overall cost of living is 3% higher than the national average.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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