Is Philadelphia, PA 19154 a buyer’s or seller’s market?

The Philadelphia housing market right now

In the three months ending August 31, 2026, 48% of homes in Philadelphia, PA 19154 sold above their list price, the typical home went under contract in 36 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 93 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold more slowly (20 days then) and the median sale price rose 1% to $337,354. Overall, Philadelphia is about as competitive as it was a year ago.

Within Philadelphia County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 98%. On our competition score, Philadelphia ranks #221 of 601 PA ZIP codes with enough sales (score 80 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) is even more competitive.