Philadelphia Real Estate Market Overview

Philadelphia is a city defined by icons - the Liberty Bell, the cheesesteak, the Rocky statue - but its true spirit is not as easily depicted. It's an intangible cocktail of humility and pride, the past and the future. You'll see it in Philly's cobblestone streets, historic monuments, an ever-evolving skyline, and in the eyes of the 1.5 million people who proudly call this city (the fifth-most populous... in the U.S.) home. And why wouldn't they be proud? The City of Brotherly Love is where the Continental Congress first convened, where our nation's Founding Fathers lived and breathed, and where the American Dream was born on that fateful day in 1776.View more

$175,000

Median Sales Price

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$160

Price Per Sqft

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$1,350

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Philadelphia show a 14% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in Philadelphia for Apr 21 to Jul 20 was $175,000 based on 474 home sales.
Price Per Square Ft.
Average price per square foot for Philadelphia was $160, an increase of 19% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Philadelphia for Jun 21 to Jul 21 was $1,350.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Philadelphia can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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38,215

Counts of Theft

8,411

Counts of Assault

6,784

Counts of Burglary


Best Schools in Philadelphia

There are 342 schools in Philadelphia.

Elementary Schools
10

Laboratory Cs

Public, K - 8

9

Ad Prima Cs

Public, K - 8

9

Penn Alexander School

Public, PK - 8

Middle Schools
10

Masterman Julia R Secondary School

Public, 5 - 12

10

Laboratory Cs

Public, K - 8

9

Ad Prima Cs

Public, K - 8

High Schools
10

Central High School

Public, 9 - 12

10

Masterman Julia R Secondary School

Public, 5 - 12

9

Science Leadership Academy

Public, 9 - 12


Demographics

Get to know your neighbors in Philadelphia by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
43%
Single residents
Home owners
57%
Home owners
Median age
34
Median age
Household income
$34,643
Median household income
College educated
20%
College educated

Commute

Most people in Philadelphia commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
60% commute by car
0% commute by bike
28% commute by public transportation
3% commute by foot

Moments in Philadelphia


Insider Tips: Where to Go

morning-icon

Morning

Philly's historic district is just one square mile, so you can tour the best of this walkable city's iconic sites (Betsy Ross House, Liberty Bell, National Constitution Center) in one swoop. Need a little pep in your step? Grab an Americano from Old City Coffee.

afternoon-icon

Afternoon

The 19th-century Reading Terminal and Italian markets buzz with the energy of generations past, and the chatter of hungry foodies fulfilling the cravings of today. Bring a hearty appetite to explore the eclectic fare on offer by the markets' combined 200 merchants.

evening-icon

Evening

Booths at the swanky R2L Restaurant provide posh seating for sipping a cocktail and drinking in the panoramic view from 37 stories up. After hours, trade the twinkle of city lights for the glow of neon at Pat's or Geno's. (Everyone knows cheesesteaks taste better after midnight.)

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