Philadelphia Real Estate Forecast, Philadelphia Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Philadelphia a good investment? The median home price in Philadelphia City today: 199734 USD (+0.193%)

Current Price
1-Year Forecast *
5-Year Forecast *
Philadelphia city real estate market report for buying and selling homes with median prices:
"Is it a good time to buy homes in Philadelphia City?" "Does investing in real estate in Philadelphia (Pennsylvania State, Philadelphia County) worth it?" According to our live Forecast System, buying a house in Philadelphia City is a good short-term (1-year) investment*. The Philadelphia average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Philadelphia" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Philadelphia City in Pennsylvania State, Philadelphia County. If you are looking for homes for sale with good flipping profit, Philadelphia can be a profitable property investment option. The median price of an average house in Philadelphia was 199734 USD on 2024-02-09. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Philadelphia" area is 271889 USD by 2029-02-28. For a 5-year investment the profit is expected to be around +36.13% meaning that investing 100000 USD today may yield a profit of 136130 USD by 2029.
Current Median Listing Price: 199734 USD
Median Listing Price Per Square Foot: 111 USD

Philadelphia City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.
Philadelphia prediction details
Philadelphia City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year
Walletinvestor.com

Philadelphia City (Pennsylvania State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2023-2029

The long-term housing forecast is based on all the available median listing price recorded up to today.
Philadelphia prediction details
Philadelphia City (Pennsylvania State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2028-2028
Walletinvestor.com

Detailed Trend Components of the Philadelphia Property Price Forecast and Prognosis

Philadelphia prediction details
Detailed Data for the Philadelphia City Real Estate Forecast Charts of the Upcoming Months and Year
Walletinvestor.com

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2023Open: 195410Close: 192070Low: 191640High: 195410
2022Open: 177940Close: 195600Low: 177940High: 198430
2021Open: 171990Close: 175860Low: 171990High: 184470
2020Open: 152940Close: 169050Low: 152940High: 169050
2019Open: 137200Close: 151020Low: 137200High: 151020
2018Open: 124670Close: 135230Low: 124670High: 135230
2017Open: 110520Close: 123220Low: 110520High: 123220
2016Open: 97600Close: 109300Low: 97600High: 109300
2015Open: 89100Close: 96770Low: 89100High: 96770
2014Open: 86370Close: 88580Low: 85560High: 88580
2013Open: 81190Close: 86180Low: 80780High: 86180
2012Open: 84540Close: 81720Low: 81720High: 84540
2011Open: 89620Close: 84900Low: 84900High: 89620
2010Open: 92360Close: 90180Low: 90180High: 94180

Questions and Answers about the Philadelphia Housing Market Forecast

How much does an average home cost in Philadelphia today?

The value of an average home (the listing price) in Philadelphia City is 199734 USD.

What is the average price per square foot in Philadelphia City?

According to Walletinvestor the median price per square foot in Philadelphia City is 111 USD.

Will the median listing price of homes in Philadelphia City grow / rise / go up?

Yes. The Philadelphia home prices may rise from 199734 USD to 214914 USD in one year.

Is it profitable to invest in Philadelphia homes?

Yes. The long-term profit potential is +7.60% in one year.

Will Philadelphia house prices fall / drop?

No. See above.

What is the predicted price of a Philadelphia home in 2029?

The predicted home sales price of a Philadelphia home in 2029 in Philadelphia City is 271889 USD.

What is the predicted price of a Philadelphia home in 2034?

The predicted home sales price of a Philadelphia home in 2034 in Philadelphia City is 334993 USD.

Will real estate prices decrease in Philadelphia?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Philadelphia City is the 6. largest city in the United States, located in Pennsylvania State.

During the last 12 months the real estate prices in Philadelphia, Philadelphia City increased, looking at the past 12 months.

According to Walletinvestor’s Philadelphia real estate market research, home values will decrease in the next 12 months.

Median home values increased by 2.649% to 199734 USD, between 2023-01-31 and 2024-01-31

The average annual profit of property investment was:

  • 10.073% in 2019
  • 10.534% in 2020
  • 2.250% in 2021
  • 9.925% in 2022
  • 2.213% in 2023
  • 0.000001% in 2024

Based on our Philadelphia City real estate market research and report the predicted sales prices will increase by 67.719% in the next 10 years.

Over the last 12 months, the value of homes in Philadelphia City fluctuated: increasing 2 times and decreasing 10 times.


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Philadelphia (Pennsylvania State) Property Investment Growth

Philadelphia Property Market Information

Recommendations by the previous and the upcoming 36 months: buy or sell a home in Philadelphia? See the Philadelphia (Pennsylvania State, Philadelphia County) property price forecasts, and buy/sell analysis based on the Housing Market and Property Investment report below. According to current data of median home prices: Philadelphia's real estate prices and its market environment have been in a bullish cycle in the last 36 months. Our property investment analyst Ai predicts a negative trend in the near future and buying a house in Philadelphia is not a good investment for making profit. All the above imply a negative outlook for the Philadelphia city property market, and we recommend looking for other cities instead to build a real estate portfolio in Philadelphia. Flipping houses for profit in bearish markets is always harder so you might want to avoid these problematic cities if you are not a veteran. Always read up on optimal real estate investment strategies if you are new to investing.

Philadelphia Real Estate Price Trends, Housing Market Forecast for next months and years

If you are looking for the best real estate investment opportunities in the State of Pennsylvania, Philadelphia City can be a a good option. To help you in your decision see the estimated home prices and values in Philadelphia City below. Our property price forecasts can help home buyers and sellers make better property investment decisions for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.
DateAverage priceMinimum priceMaximum price
Philadelphia Housing Market Forecast with Real Estate Prices for 2024March 2024Open: 201874Min: 196667Max: 206885
Philadelphia Housing Market Forecast with Real Estate Prices for 2024April 2024Open: 203216Min: 198311Max: 208421
Philadelphia Housing Market Forecast with Real Estate Prices for 2024May 2024Open: 204563Min: 199392Max: 209805
Philadelphia Housing Market Forecast with Real Estate Prices for 2024June 2024Open: 205850Min: 200509Max: 210870
Philadelphia Housing Market Forecast with Real Estate Prices for 2024July 2024Open: 207053Min: 202024Max: 212747
Philadelphia Housing Market Forecast with Real Estate Prices for 2024August 2024Open: 207648Min: 202272Max: 212996
Philadelphia Housing Market Forecast with Real Estate Prices for 2024September 2024Open: 208705Min: 203779Max: 214046
Philadelphia Housing Market Forecast with Real Estate Prices for 2024October 2024Open: 209900Min: 204803Max: 215538
Philadelphia Housing Market Forecast with Real Estate Prices for 2024November 2024Open: 211175Min: 205587Max: 216988
Philadelphia Housing Market Forecast with Real Estate Prices for 2024December 2024Open: 212449Min: 207261Max: 217438
Philadelphia Housing Market Forecast with Real Estate Prices for 2025January 2025Open: 213423Min: 207732Max: 218512
Philadelphia Housing Market Forecast with Real Estate Prices for 2025February 2025Open: 214914Min: 209237Max: 220597
Philadelphia Housing Market Forecast with Real Estate Prices for 2025March 2025Open: 216176Min: 210975Max: 221881
Philadelphia Housing Market Forecast with Real Estate Prices for 2025April 2025Open: 217477Min: 211725Max: 223114
Philadelphia Housing Market Forecast with Real Estate Prices for 2025May 2025Open: 218772Min: 213146Max: 224126
Philadelphia Housing Market Forecast with Real Estate Prices for 2025June 2025Open: 219969Min: 214160Max: 225767
Philadelphia Housing Market Forecast with Real Estate Prices for 2025July 2025Open: 221043Min: 215244Max: 227009
Philadelphia Housing Market Forecast with Real Estate Prices for 2025August 2025Open: 222177Min: 216373Max: 227863
Philadelphia Housing Market Forecast with Real Estate Prices for 2025September 2025Open: 223092Min: 217293Max: 229267
Philadelphia Housing Market Forecast with Real Estate Prices for 2025October 2025Open: 224126Min: 218148Max: 230875
Philadelphia Housing Market Forecast with Real Estate Prices for 2025November 2025Open: 225256Min: 219067Max: 231408
Philadelphia Housing Market Forecast with Real Estate Prices for 2025December 2025Open: 226458Min: 220346Max: 232921
Philadelphia Housing Market Forecast with Real Estate Prices for 2026January 2026Open: 227847Min: 221779Max: 234115
Philadelphia Housing Market Forecast with Real Estate Prices for 2026February 2026Open: 229137Min: 223573Max: 236229
Philadelphia Housing Market Forecast with Real Estate Prices for 2026March 2026Open: 230478Min: 224198Max: 237119
Philadelphia Housing Market Forecast with Real Estate Prices for 2026April 2026Open: 231734Min: 225255Max: 238593
Philadelphia Housing Market Forecast with Real Estate Prices for 2026May 2026Open: 232977Min: 226569Max: 240559
Philadelphia Housing Market Forecast with Real Estate Prices for 2026June 2026Open: 234088Min: 226908Max: 240963
Philadelphia Housing Market Forecast with Real Estate Prices for 2026July 2026Open: 235040Min: 228040Max: 242108
Philadelphia Housing Market Forecast with Real Estate Prices for 2026August 2026Open: 236712Min: 229708Max: 243758
Philadelphia Housing Market Forecast with Real Estate Prices for 2026September 2026Open: 237474Min: 230398Max: 244665
Philadelphia Housing Market Forecast with Real Estate Prices for 2026October 2026Open: 238347Min: 231192Max: 245820
Philadelphia Housing Market Forecast with Real Estate Prices for 2026November 2026Open: 239334Min: 231710Max: 247445
Philadelphia Housing Market Forecast with Real Estate Prices for 2026December 2026Open: 240472Min: 233410Max: 247830
Philadelphia Housing Market Forecast with Real Estate Prices for 2027January 2027Open: 242276Min: 234906Max: 250162
Philadelphia Housing Market Forecast with Real Estate Prices for 2027February 2027Open: 243359Min: 235045Max: 251319
Philadelphia Housing Market Forecast with Real Estate Prices for 2027March 2027Open: 244779Min: 237080Max: 252933
Philadelphia Housing Market Forecast with Real Estate Prices for 2027April 2027Open: 245990Min: 237578Max: 254674
Philadelphia Housing Market Forecast with Real Estate Prices for 2027May 2027Open: 247180Min: 238825Max: 255488
Philadelphia Housing Market Forecast with Real Estate Prices for 2027June 2027Open: 248205Min: 239703Max: 257377
Philadelphia Housing Market Forecast with Real Estate Prices for 2027July 2027Open: 249045Min: 240694Max: 258183
Philadelphia Housing Market Forecast with Real Estate Prices for 2027August 2027Open: 251254Min: 242519Max: 260534
Philadelphia Housing Market Forecast with Real Estate Prices for 2027September 2027Open: 251852Min: 242511Max: 261160
Philadelphia Housing Market Forecast with Real Estate Prices for 2027October 2027Open: 252560Min: 243454Max: 262108
Philadelphia Housing Market Forecast with Real Estate Prices for 2027November 2027Open: 253410Min: 244203Max: 263266
Philadelphia Housing Market Forecast with Real Estate Prices for 2027December 2027Open: 254491Min: 244907Max: 264628
Philadelphia Housing Market Forecast with Real Estate Prices for 2028January 2028Open: 256710Min: 246950Max: 266821
Philadelphia Housing Market Forecast with Real Estate Prices for 2028February 2028Open: 257665Min: 246989Max: 268357
Philadelphia Housing Market Forecast with Real Estate Prices for 2028March 2028Open: 258849Min: 248188Max: 269814
Philadelphia Housing Market Forecast with Real Estate Prices for 2028April 2028Open: 260191Min: 249645Max: 271716
Philadelphia Housing Market Forecast with Real Estate Prices for 2028May 2028Open: 261538Min: 250656Max: 272020
Philadelphia Housing Market Forecast with Real Estate Prices for 2028June 2028Open: 262825Min: 251800Max: 274225
Philadelphia Housing Market Forecast with Real Estate Prices for 2028July 2028Open: 264028Min: 253003Max: 275753
Philadelphia Housing Market Forecast with Real Estate Prices for 2028August 2028Open: 264623Min: 253788Max: 276639
Philadelphia Housing Market Forecast with Real Estate Prices for 2028September 2028Open: 265680Min: 254012Max: 277543
Philadelphia Housing Market Forecast with Real Estate Prices for 2028October 2028Open: 266875Min: 255638Max: 279085
Philadelphia Housing Market Forecast with Real Estate Prices for 2028November 2028Open: 268150Min: 256006Max: 281010
Philadelphia Housing Market Forecast with Real Estate Prices for 2028December 2028Open: 269424Min: 257262Max: 281927
Philadelphia Housing Market Forecast with Real Estate Prices for 2029January 2029Open: 270398Min: 257237Max: 284338
Philadelphia Housing Market Forecast with Real Estate Prices for 2029February 2029Open: 271889Min: 258809Max: 285192
Philadelphia Housing Market Forecast with Real Estate Prices for 2029March 2029Open: 273151Min: 260145Max: 287315
Philadelphia Housing Market Forecast with Real Estate Prices for 2029April 2029Open: 274452Min: 260454Max: 288774
Philadelphia Housing Market Forecast with Real Estate Prices for 2029May 2029Open: 275747Min: 262524Max: 290908
Philadelphia Housing Market Forecast with Real Estate Prices for 2029June 2029Open: 276944Min: 262880Max: 291651
Philadelphia Housing Market Forecast with Real Estate Prices for 2029July 2029Open: 278018Min: 264098Max: 292621
Philadelphia Housing Market Forecast with Real Estate Prices for 2029August 2029Open: 279152Min: 264851Max: 294181
Philadelphia Housing Market Forecast with Real Estate Prices for 2029September 2029Open: 280067Min: 265323Max: 296237
Philadelphia Housing Market Forecast with Real Estate Prices for 2029October 2029Open: 281102Min: 265725Max: 296695
Philadelphia Housing Market Forecast with Real Estate Prices for 2029November 2029Open: 282231Min: 267326Max: 298251
Philadelphia Housing Market Forecast with Real Estate Prices for 2029December 2029Open: 283433Min: 268272Max: 299938
Philadelphia Housing Market Forecast with Real Estate Prices for 2030January 2030Open: 284822Min: 268819Max: 301503
Philadelphia Housing Market Forecast with Real Estate Prices for 2030February 2030Open: 286112Min: 270662Max: 303781
Philadelphia Housing Market Forecast with Real Estate Prices for 2030March 2030Open: 287453Min: 271907Max: 304988
Philadelphia Housing Market Forecast with Real Estate Prices for 2030April 2030Open: 288709Min: 272883Max: 306197
Philadelphia Housing Market Forecast with Real Estate Prices for 2030May 2030Open: 289952Min: 272414Max: 307812
Philadelphia Housing Market Forecast with Real Estate Prices for 2030June 2030Open: 291063Min: 274068Max: 308889
Philadelphia Housing Market Forecast with Real Estate Prices for 2030July 2030Open: 292015Min: 274904Max: 310983
Philadelphia Housing Market Forecast with Real Estate Prices for 2030August 2030Open: 293687Min: 275158Max: 313045
Philadelphia Housing Market Forecast with Real Estate Prices for 2030September 2030Open: 294449Min: 276565Max: 313934
Philadelphia Housing Market Forecast with Real Estate Prices for 2030October 2030Open: 295322Min: 276267Max: 315297
Philadelphia Housing Market Forecast with Real Estate Prices for 2030November 2030Open: 296309Min: 278038Max: 316838
Philadelphia Housing Market Forecast with Real Estate Prices for 2030December 2030Open: 297447Min: 278444Max: 318256
Philadelphia Housing Market Forecast with Real Estate Prices for 2031January 2031Open: 299251Min: 278480Max: 320614
Philadelphia Housing Market Forecast with Real Estate Prices for 2031February 2031Open: 300334Min: 280944Max: 321319
Philadelphia Housing Market Forecast with Real Estate Prices for 2031March 2031Open: 301754Min: 282277Max: 323338
Philadelphia Housing Market Forecast with Real Estate Prices for 2031April 2031Open: 302965Min: 282721Max: 324559
Philadelphia Housing Market Forecast with Real Estate Prices for 2031May 2031Open: 304155Min: 282489Max: 326139
Philadelphia Housing Market Forecast with Real Estate Prices for 2031June 2031Open: 305180Min: 283749Max: 327714
Philadelphia Housing Market Forecast with Real Estate Prices for 2031July 2031Open: 306020Min: 284470Max: 328814
Philadelphia Housing Market Forecast with Real Estate Prices for 2031August 2031Open: 308229Min: 287172Max: 331013
Philadelphia Housing Market Forecast with Real Estate Prices for 2031September 2031Open: 308827Min: 286760Max: 332406
Philadelphia Housing Market Forecast with Real Estate Prices for 2031October 2031Open: 309535Min: 286856Max: 333551
Philadelphia Housing Market Forecast with Real Estate Prices for 2031November 2031Open: 310385Min: 288041Max: 334424
Philadelphia Housing Market Forecast with Real Estate Prices for 2031December 2031Open: 311466Min: 288542Max: 336736
Philadelphia Housing Market Forecast with Real Estate Prices for 2032January 2032Open: 313685Min: 291151Max: 338682
Philadelphia Housing Market Forecast with Real Estate Prices for 2032February 2032Open: 314640Min: 289629Max: 340031
Philadelphia Housing Market Forecast with Real Estate Prices for 2032March 2032Open: 315824Min: 290620Max: 342147
Philadelphia Housing Market Forecast with Real Estate Prices for 2032April 2032Open: 317166Min: 292815Max: 343328
Philadelphia Housing Market Forecast with Real Estate Prices for 2032May 2032Open: 318513Min: 294095Max: 345379
Philadelphia Housing Market Forecast with Real Estate Prices for 2032June 2032Open: 319800Min: 294074Max: 346238
Philadelphia Housing Market Forecast with Real Estate Prices for 2032July 2032Open: 321003Min: 295195Max: 348257
Philadelphia Housing Market Forecast with Real Estate Prices for 2032August 2032Open: 321598Min: 295430Max: 349921
Philadelphia Housing Market Forecast with Real Estate Prices for 2032September 2032Open: 322656Min: 295380Max: 351056
Philadelphia Housing Market Forecast with Real Estate Prices for 2032October 2032Open: 323850Min: 296926Max: 353163
Philadelphia Housing Market Forecast with Real Estate Prices for 2032November 2032Open: 325125Min: 296482Max: 354107
Philadelphia Housing Market Forecast with Real Estate Prices for 2032December 2032Open: 326399Min: 298224Max: 355936
Philadelphia Housing Market Forecast with Real Estate Prices for 2033January 2033Open: 327373Min: 299808Max: 357001
Philadelphia Housing Market Forecast with Real Estate Prices for 2033February 2033Open: 328864Min: 301247Max: 358709
Philadelphia Housing Market Forecast with Real Estate Prices for 2033March 2033Open: 330126Min: 300451Max: 359587
Philadelphia Housing Market Forecast with Real Estate Prices for 2033April 2033Open: 331427Min: 301424Max: 362189
Philadelphia Housing Market Forecast with Real Estate Prices for 2033May 2033Open: 332722Min: 303856Max: 363757
Philadelphia Housing Market Forecast with Real Estate Prices for 2033June 2033Open: 333919Min: 305071Max: 366202
Philadelphia Housing Market Forecast with Real Estate Prices for 2033July 2033Open: 334993Min: 302766Max: 367165

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Question Box: How will Philadelphia house price increase? Will Philadelphia real estate prices go up? Will Philadelphia real estate prices fall? Will Philadelphia house prices drop? Will Philadelphia house prices rise? Is Philadelphia housing price going up? Is it time to buy a Philadelphia home? When will Philadelphia house prices go down? When will Philadelphia real estate prices drop?