Updated May 2026 · Redfin
Philadelphia Real Estate Market Update, May 2026
Here are the latest housing market numbers for Philadelphia, PA, for May 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change. The median sale price is $295K.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $295K | ▼ -0.3% | • 0.0% |
| Days on market | 47 | ▼ -2.1% | ▲ +9.3% |
| Homes for sale | 5,380 | ▲ +1.9% | ▼ -0.3% |
| Sale-to-list | 98.6% | ▲ +0.6% | ▲ +0.8% |
| Months of supply | 4.4 | ▲ +4.8% | ▲ +15.8% |
| Homes sold | 1,211 | ▼ -3.0% | ▼ -14.3% |
Figures from Redfin Data Center. Verify against your MLS before posting.
What the Philadelphia numbers say
Philadelphia is leveling off. The median sale price is $295,000, roughly flat year over year. Pace is steady: a typical listing goes under contract in about 47 days, with sellers getting 98.6% of list price.
With 5,380 homes for sale and 4.4 months of supply, Philadelphia is currently a balanced market.
What this means if you sell in Philadelphia
Use these figures to set expectations early with each client. Lead a listing appointment with the $295K median price and the 47-day pace, show the year-over-year direction, and frame Philadelphia as a balanced market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.
How we track the Philadelphia market
We built LOKAL to pull Philadelphia's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $295K median sale price, 0.0% year over year, 47 days on market and a 98.6% sale-to-list ratio across 1,211 recorded sales. That compares with roughly $295K a year earlier, in 2025. Redfin has published this market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
Turn these Philadelphia numbers into a finished post.
Open LOKAL with Philadelphia already selected. You'll get a carousel, story and square graphic with these figures in place, ready to export in seconds.
Build the Philadelphia post →Frequently asked: the Philadelphia housing market
- What is the median home price in Philadelphia, PA?
- As of May 2026, the median sale price in Philadelphia is $295,000 (0.0% year over year), per the Redfin Data Center.
- Is Philadelphia a buyer's or seller's market right now?
- Philadelphia is currently a balanced market, based on 4.4 months of supply and a 98.6% sale-to-list ratio for May 2026.
- How long do homes take to sell in Philadelphia?
- A typical Philadelphia listing goes under contract in about 47 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this Philadelphia market data come from?
- All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for Philadelphia agents. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.
Philadelphia housing market by ZIP code
See Philadelphia block by block. These 45 Philadelphia-area ZIP codes each have their own real Redfin median price, days on market and supply.