Philadelphia County, Pennsylvania

The Philadelphia County market, co-extensive with the city of Philadelphia, is moving at a steadier, more balanced pace than the fast-moving suburbs. The median home sold for about $292,000 in July 2026, up roughly 6% from a year earlier, on 1,250 closed sales. Homes are spending about 48 days on the market on average, well above the single-week marks in Bucks and Chester Counties, and buyers are typically competing for homes rather than joining bidding wars.

Inventory has been climbing through 2026, which gives buyers more choices than they had in recent years. Redfin rates the Philadelphia market "somewhat competitive," and conditions are edging in buyers' favor. As always, neighborhood matters: first-time buyers find value in neighborhoods like Point Breeze and Brewerytown, while luxury buyers gravitate to Rittenhouse Square and Society Hill.

Public transportation throughout the county remains excellent, with SEPTA's regional rail, subway, trolley, and bus networks providing easy commutes to Center City and beyond. Major employers include healthcare systems, universities, and the city government.

Data sources: Coldwell Banker Realty July 2026 Regional Housing Market Report (Bright MLS data) and Redfin Philadelphia County housing market data for the three months ending July 2026. Figures are a market snapshot, not an appraisal. Last updated September 10, 2026.