The median sales price for homes in Philadelphia PA for Aug 13 to Nov 13 was $139,999. This represents a decline of 12.5%, or $20,001, compared to the prior quarter and a decrease of 2.1% compared to the prior year. Sales prices have appreciated 7.7% over the last 5 years in Philadelphia. The average listing price for Philadelphia homes for sale on Trulia was $221,636 for the week ending Nov 27, which represents a decline of 7.1%, or $16,939, compared to the prior week and a decline of 0.6%, or $1,362, compared to the week ending Nov 06. Average price per square foot for Philadelphia PA was $144, a decrease of 1.4% compared to the same period last year. Popular neighborhoods in Philadelphia include Bella Vista/ Southwark, Fairmount/Art Museum, Center City East, Manayunk, Washington Square West, and Northern Liberties/ Fishtown.