Philadelphia, PA metro area Housing Market Brief
metro · PA · score computed October 2026
What is Philadelphia, PA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Philadelphia, PA metro area in its market cycle?
Philadelphia, PA metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Philadelphia, PA metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Philadelphia, PA metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $279K | ▲ +0.1% | Redfin |
| Median Days on Market | 52 days | ▲ +13% | Redfin |
| Months of Supply | 4.9 | ▲ +36.1% | Redfin |
| Homes for Sale | 7,049 | ▲ +17.1% | Redfin |
| Homes Sold | 1,502 | ▼ -13.7% | Redfin |
| Median Price / Sq Ft | $213 | ▲ +2.8% | Redfin |
How has Philadelphia, PA metro area’s Alpha Score moved?
Markets like Philadelphia, PA metro area
- Waco, TX metro area, TXmetro49
- Jacksonville, NC metro area, NCmetro62
- Pensacola, FL metro area, FLmetro57
- Greensboro, NC metro area, NCmetro53
- New Bern, NC metro area, NCmetro53
- Hammond, LA metro area, LAmetro58
- Blacksburg, VA metro area, VAmetro50
- Jackson, MS metro area, MSmetro49
- Birmingham, AL metro area, ALmetro47
- Shreveport, LA metro area, LAmetro49
Frequently asked questions
Is Philadelphia, PA metro area a buyer's or seller's market?
In the scores computed October 2026, Philadelphia, PA metro area is classified as a Balanced Market, based on its Alpha Score of 55 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Philadelphia, PA metro area?
The median sale price in Philadelphia, PA metro area is $279K, having held roughly steady over the past year, according to Redfin.
How affordable is Philadelphia, PA metro area?
Philadelphia, PA metro area scores 30 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Philadelphia, PA metro area's Alpha Score?
Philadelphia, PA metro area's strongest dimension is Rental Yield (72/100) and its weakest is Affordability (30/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Philadelphia, PA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.