Is Philadelphia, PA 19133 a buyer’s or seller’s market?
Philadelphia is a buyer’s market. With about 10.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 10% of U.S. ZIP codes, and #588 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Philadelphia housing market right now
In the three months ending August 31, 2026, 18% of homes in Philadelphia, PA 19133 sold above their list price, the typical home went under contract in 79 days and there were 10.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 35 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold more slowly (49 days then) and the median sale price fell 19% to $88,962. Overall, Philadelphia is less competitive than a year ago, which gives buyers more room.
Within Philadelphia County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, Philadelphia ranks #588 of 601 PA ZIP codes with enough sales (score 17 out of 100).
Nearby, buyers who want less competition could look at Philadelphia 19102 (4% sold over asking) or Philadelphia 19107 (7% sold over asking), while Philadelphia 19118 (53% sold over asking) and Philadelphia 19154 (48% sold over asking) are even more competitive.
Run the numbers for 19133
Nearby markets
Philadelphia 19102Balanced $322 /sq ftPhiladelphia 19103Balanced $477 /sq ftPhiladelphia 19104Buyer’s market $187 /sq ftPhiladelphia 19106Seller’s market $407 /sq ft Browse all markets →Towns like Philadelphia nearby
Find towns like Philadelphia in other states →Where Philadelphia is
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Questions about Philadelphia real estate
Is Philadelphia a buyer’s or seller’s market?
A buyer’s market: there were 10.8 months of supply in Philadelphia, PA 19133 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Philadelphia?
The typical home went under contract in 79 days in the latest three months.
Do homes in Philadelphia sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.
What are property taxes in Philadelphia?
About 0.82% of a home’s value a year in Philadelphia County, or roughly $3,280 on a $400,000 home.
What is the median home price in Philadelphia?
The median sale price was $88,962 in the three months ending August 31, 2026, about $73 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology