Philadelphia Metro Housing Market Report
Report period: July 2026
Philadelphia Metro Housing Market Report – July 2026
Philadelphia Metro · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$464,943
+11.8%
Median DOM (Sales)
32
−13.1%
New Listings (Sales)
393
−80.5%
Median Rent
$1,949
+6.3%
Median DOM (Rental)
25
+4.7%
Total Rental Listings
8,121
−49.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (36 DOM)
- Fastest renting: Single Family (16 DOM)
- Strongest bedroom: 8 Beds ($1,124,823 median)
Sales Market Overview
Median Price
$411,080
+11.8%
Median DOM
38
−13.1%
New Listings
918
−80.5%
Inventory
12,802
−54.8%
- Average Price: $496,863
- Median Price: $411,080
- Price Range: $101,259 – $2,257,006
- Price per Sq Ft (Avg/Median): $255 / $245
- Square Footage (Avg/Median): 1,891 / 1,653
- Square Footage Range: 769 – 6,305
- Days on Market (Avg/Median): 60 / 38
- Days on Market Range: 2 – 295
- New Listings: 918
- Total Listings: 12,802
Sales by Property Type
Condo
Avg/Median Price$407,844 / $331,412Range$227,626 – $1,264,832Price per Sq Ft$283 / $266Sq Ft1,366 / 1,213DOM67 / 49New79Total1,416
Single Family
Avg/Median Price$689,046 / $585,121Range$344,558 – $1,456,806Price per Sq Ft$255 / $239Sq Ft2,553 / 2,143DOM57 / 39New149Total1,762
Townhouse
Avg/Median Price$462,010 / $417,277Range$204,149 – $1,163,889Price per Sq Ft$249 / $242Sq Ft1,743 / 1,599DOM54 / 36New586Total6,869
Land
Avg/Median Price$340,504 / $255,891Range$216,137 – $956,377Price per Sq Ft—Sq Ft—DOM136 / 123New68Total1,923
Multi-Family
Avg/Median Price$560,909 / $489,848Range$353,395 – $1,048,597Price per Sq Ft$233 / $217Sq Ft2,374 / 2,067DOM97 / 74New34Total784
Manufactured
Avg/Median Price$106,005 / $100,225Range$37,498 – $180,950Price per Sq Ft$113 / $117Sq Ft924 / 891DOM107 / 62New2Total48
Sales by Bedroom Count
2 Beds
Avg:$326,367Median:$295,853Range:$165,387 – $644,680PSF:$261 / $246Sq Ft:1,231 / 1,121DOM:64 / 43New:147Total:1,904
3 Beds
Avg:$493,854Median:$444,761Range:$222,682 – $1,238,217PSF:$269 / $257Sq Ft:1,697 / 1,567DOM:52 / 33New:443Total:5,144
4 Beds
Avg:$601,881Median:$544,767Range:$282,659 – $1,235,431PSF:$253 / $246Sq Ft:2,228 / 2,060DOM:53 / 33New:166Total:1,965
5 Beds
Avg:$830,922Median:$699,642Range:$461,128 – $1,541,726PSF:$254 / $232Sq Ft:2,912 / 2,663DOM:62 / 44New:44Total:656
6 Beds
Avg:$896,478Median:$804,091Range:$568,000 – $1,345,391PSF:$236 / $220Sq Ft:3,459 / 3,266DOM:75 / 58New:16Total:313
7 Beds
Avg:$929,570Median:$780,869Range:$724,710 – $1,216,695PSF:$215 / $196Sq Ft:3,929 / 3,567DOM:91 / 70New:5Total:101
8 Beds
Avg:$1,214,166Median:$1,124,823Range:$1,084,182 – $1,368,195PSF:$239 / $219Sq Ft:4,811 / 4,652DOM:127 / 111New:2Total:70
1 Beds
Avg:$245,359Median:$230,114Range:$183,971 – $367,888PSF:$253 / $244Sq Ft:1,074 / 995DOM:77 / 63New:21Total:491
Studio
Avg:$338,330Median:$265,256Range:$222,594 – $695,274PSF:$195 / $183Sq Ft:2,178 / 1,927DOM:94 / 79New:6Total:235
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $326,367 | $295,853 | $165,387 – $644,680 | $261 / $246 | 1,231 / 1,121 | 64 / 43 | 147 | 1,904 |
| 3 Beds | $493,854 | $444,761 | $222,682 – $1,238,217 | $269 / $257 | 1,697 / 1,567 | 52 / 33 | 443 | 5,144 |
| 4 Beds | $601,881 | $544,767 | $282,659 – $1,235,431 | $253 / $246 | 2,228 / 2,060 | 53 / 33 | 166 | 1,965 |
| 5 Beds | $830,922 | $699,642 | $461,128 – $1,541,726 | $254 / $232 | 2,912 / 2,663 | 62 / 44 | 44 | 656 |
| 6 Beds | $896,478 | $804,091 | $568,000 – $1,345,391 | $236 / $220 | 3,459 / 3,266 | 75 / 58 | 16 | 313 |
| 7 Beds | $929,570 | $780,869 | $724,710 – $1,216,695 | $215 / $196 | 3,929 / 3,567 | 91 / 70 | 5 | 101 |
| 8 Beds | $1,214,166 | $1,124,823 | $1,084,182 – $1,368,195 | $239 / $219 | 4,811 / 4,652 | 127 / 111 | 2 | 70 |
| 1 Beds | $245,359 | $230,114 | $183,971 – $367,888 | $253 / $244 | 1,074 / 995 | 77 / 63 | 21 | 491 |
| Studio | $338,330 | $265,256 | $222,594 – $695,274 | $195 / $183 | 2,178 / 1,927 | 94 / 79 | 6 | 235 |
Rental Market Overview
Median Rent
$1,864
+6.3%
Median DOM
25
+4.7%
New Listings
3,076
Inventory
16,195
−49.9%
- Average Rent: $2,047
- Median Rent: $1,864
- Rent Range: $1,010 – $5,094
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,288 / 1,050
- Square Footage Range: 469 – 6,460
- Days on Market (Avg/Median): 47 / 25
- Days on Market Range: 3 – 276
- New Listings: 3,076
- Total Listings: 16,195
Rentals by Property Type
Apartment
$1,573
Median DOM: 36
Inventory: 10,693
MoM: +6.3%
Condo
$1,684
Median DOM: 19
Inventory: 1,003
MoM: +6.3%
Single Family
$2,358
Median DOM: 16
Inventory: 1,670
MoM: +6.3%
Townhouse
$2,148
Median DOM: 39
Inventory: 2,768
MoM: +6.3%
Apartment
Avg/Median Rent$1,681 / $1,573Range$1,024 – $3,495Rent per Sq Ft$2 / $2Sq Ft1,056 / 785DOM64 / 36New1,887Total10,693
Condo
Avg/Median Rent$1,823 / $1,684Range$1,326 – $2,679Rent per Sq Ft$2 / $2Sq Ft988 / 866DOM33 / 19New361Total1,003
Single Family
Avg/Median Rent$2,489 / $2,358Range$1,370 – $4,466Rent per Sq Ft$2 / $2Sq Ft1,698 / 1,429DOM34 / 16New500Total1,670
Townhouse
Avg/Median Rent$2,242 / $2,148Range$1,414 – $3,681Rent per Sq Ft$2 / $2Sq Ft1,541 / 1,404DOM54 / 39New324Total2,768
Multi-Family
Avg/Median Rent$1,489 / $1,451Range$1,310 – $1,702Rent per Sq Ft$2 / $2Sq Ft913 / 846DOM60 / 56New4Total59
Manufactured
Avg/Median Rent$2,425 / $2,000Range$2,000 – $2,850Rent per Sq Ft$2 / $2Sq Ft1,275 / 650DOM—New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,281Median:$1,236Range:$1,038 – $1,821PSF:$3 / $3Sq Ft:738 / 503DOM:71 / 50New:412Total:2,045
1 Beds
Avg:$1,463Median:$1,422Range:$976 – $2,490PSF:$2 / $2Sq Ft:929 / 720DOM:50 / 24New:1,110Total:6,103
2 Beds
Avg:$1,945Median:$1,843Range:$1,316 – $3,306PSF:$2 / $2Sq Ft:1,262 / 1,018DOM:50 / 29New:862Total:4,624
3 Beds
Avg:$2,593Median:$2,487Range:$1,815 – $4,161PSF:$2 / $2Sq Ft:1,544 / 1,403DOM:37 / 21New:511Total:2,496
5 Beds
Avg:$3,655Median:$3,479Range:$3,264 – $4,074PSF:$2 / $2Sq Ft:2,397 / 2,260DOM:57 / 50New:28Total:155
4 Beds
Avg:$3,076Median:$2,845Range:$2,312 – $4,236PSF:$2 / $2Sq Ft:1,942 / 1,762DOM:47 / 31New:144Total:686
8 Beds
Avg:$4,500Median:$4,390Range:$4,390 – $4,610PSF:$2 / $2Sq Ft:3,286 / 2,996DOM:100 / 83New:0Total:7
6 Beds
Avg:$3,221Median:$3,141Range:$2,814 – $3,507PSF:$1 / $1Sq Ft:2,344 / 2,297DOM:52 / 47New:8Total:68
7 Beds
Avg:$3,568Median:$3,481Range:$3,019 – $4,047PSF:$1 / $1Sq Ft:2,907 / 2,901DOM:76 / 60New:1Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,281 | $1,236 | $1,038 – $1,821 | $3 / $3 | 738 / 503 | 71 / 50 | 412 | 2,045 |
| 1 Beds | $1,463 | $1,422 | $976 – $2,490 | $2 / $2 | 929 / 720 | 50 / 24 | 1,110 | 6,103 |
| 2 Beds | $1,945 | $1,843 | $1,316 – $3,306 | $2 / $2 | 1,262 / 1,018 | 50 / 29 | 862 | 4,624 |
| 3 Beds | $2,593 | $2,487 | $1,815 – $4,161 | $2 / $2 | 1,544 / 1,403 | 37 / 21 | 511 | 2,496 |
| 5 Beds | $3,655 | $3,479 | $3,264 – $4,074 | $2 / $2 | 2,397 / 2,260 | 57 / 50 | 28 | 155 |
| 4 Beds | $3,076 | $2,845 | $2,312 – $4,236 | $2 / $2 | 1,942 / 1,762 | 47 / 31 | 144 | 686 |
| 8 Beds | $4,500 | $4,390 | $4,390 – $4,610 | $2 / $2 | 3,286 / 2,996 | 100 / 83 | 0 | 7 |
| 6 Beds | $3,221 | $3,141 | $2,814 – $3,507 | $1 / $1 | 2,344 / 2,297 | 52 / 47 | 8 | 68 |
| 7 Beds | $3,568 | $3,481 | $3,019 – $4,047 | $1 / $1 | 2,907 / 2,901 | 76 / 60 | 1 | 11 |
6-Month Sales Trend
Jan 2026
Median Price:$276,476Median DOM:77New:1,159Total:6,485
Feb 2026
Median Price:$397,919Median DOM:53New:1,879Total:10,481
Mar 2026
Median Price:$423,083Median DOM:37New:2,936Total:11,096
Apr 2026
Median Price:$418,806Median DOM:34New:2,749Total:11,935
May 2026
Median Price:$419,726Median DOM:34New:2,933Total:12,627
Jun 2026
Median Price:$415,821Median DOM:36New:2,018Total:12,867
Jul 2026
Median Price:$464,943Median DOM:32New:393Total:5,814
6-Month Rental Trend
Jan 2026
Median Rent:$1,580Median DOM:37New:2,433Total:7,094
Feb 2026
Median Rent:$1,767Median DOM:32New:4,389Total:13,796
Mar 2026
Median Rent:$1,781Median DOM:28New:5,532Total:14,757
Apr 2026
Median Rent:$1,806Median DOM:27New:5,456Total:15,565
May 2026
Median Rent:$1,823Median DOM:23New:5,741Total:16,159
Jun 2026
Median Rent:$1,834Median DOM:24New:4,458Total:16,222
Jul 2026
Median Rent:$1,949Median DOM:25New:1,421Total:8,121
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
ZIP Code Reports
Detailed reports for ZIP codes in Philadelphia Metro.