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Philadelphia Real Estate Market

About Philadelphia Real Estate

Housing
grade C
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban Suburban Mix
Rent vs. Own
  • Rent
    47%
  • Own
    53%
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Homes for Sale

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Real Estate Costs

Median Home Value
$163,000
National
$217,500
Home Values
  • <$50k
    7%
  • $50-$99k
    19%
  • $100-$199k
    37%
  • $200-$399k
    27%
  • $400-$749k
    8%
  • $750k+
    3%
Median Rent
$1,042
National
$1,062
Monthly Rent
  • <$500
    11%
  • $500-$999
    35%
  • $1,000-$1,499
    35%
  • $1,500-$1,999
    12%
  • $2,000+
    7%
28%
of residents say housing is affordable. 162 responses

Home Quality

Poll
35%
of residents say the exterior quality of homes is good or excellent. 162 responses
Poll
40%
of residents say the interior quality of homes is good or excellent. 162 responses
41%
of residents say there is a good variety of homes. 162 responses
44%
of residents say a noticable portion of properties are vacant or abandoned. 162 responses
23%
of residents say that parking is readily available. 162 responses

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Overview

Homes in Philadelphia have a median value of $163,000. The median rent price in Philadelphia is $1,042 and most residents own their homes. Philadelphia is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.

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