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: 193466 USD (+0.2058%)

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 not so 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 193466 USD on 2023-07-14. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Philadelphia" area is 215305 USD by 2028-07-31. For a 5-year investment the profit is expected to be around +11.29% meaning that investing 100000 USD today may yield a profit of 111290 USD by 2028.
Current Median Listing Price: 193466 USD
Median Listing Price Per Square Foot: 107 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
2022Open: 187529Close: 189914Low: 187529High: 189914
2021Open: 185511Close: 187343Low: 185511High: 187343
2020Open: 184950Close: 185133Low: 184001High: 185480
2019Open: 175530Close: 184550Low: 175530High: 184550
2018Open: 158070Close: 173940Low: 158070High: 173940
2017Open: 145680Close: 156720Low: 145680High: 156720
2016Open: 137480Close: 145150Low: 137480High: 145150
2015Open: 132930Close: 137430Low: 132930High: 138300
2014Open: 132640Close: 132210Low: 131180High: 132880
2013Open: 129180Close: 132570Low: 128790High: 132570
2012Open: 134080Close: 129230Low: 129230High: 134080
2011Open: 141430Close: 134650Low: 134650High: 141430
2010Open: 147420Close: 142240Low: 142240High: 148190
2009Open: 148620Close: 147020Low: 146230High: 148620

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 193466 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 107 USD.

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

Yes. The Philadelphia home prices may rise from 193466 USD to 198120 USD in one year.

Is it profitable to invest in Philadelphia homes?

Yes. The long-term profit potential is +2.41% in one year.

Will Philadelphia house prices fall / drop?

No. See above.

What is the predicted price of a Philadelphia home in 2028?

The predicted home sales price of a Philadelphia home in 2028 in Philadelphia City is 215305 USD.

What is the predicted price of a Philadelphia home in 2033?

The predicted home sales price of a Philadelphia home in 2033 in Philadelphia City is 232880 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 2.080% to 193466 USD, between 2022-06-30 and 2023-06-30

The average annual profit of property investment was:

  • 10.040% in 2018
  • 5.139% in 2019
  • 0.0989% in 2020
  • 0.988% in 2021
  • 3.166% in 2022
  • 0.000001% in 2023

Based on our Philadelphia City real estate market research and report the predicted sales prices will increase by 20.373% in the next 10 years.

Over the last 12 months, the value of homes in Philadelphia City fluctuated: increasing 12 times and decreasing 0 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 not so 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 2023August 2023Open: 194207Min: 173067Max: 215159
Philadelphia Housing Market Forecast with Real Estate Prices for 2023September 2023Open: 194405Min: 175675Max: 216558
Philadelphia Housing Market Forecast with Real Estate Prices for 2023October 2023Open: 194793Min: 174235Max: 215208
Philadelphia Housing Market Forecast with Real Estate Prices for 2023November 2023Open: 195163Min: 175738Max: 216358
Philadelphia Housing Market Forecast with Real Estate Prices for 2023December 2023Open: 195541Min: 176889Max: 217129
Philadelphia Housing Market Forecast with Real Estate Prices for 2024January 2024Open: 195932Min: 175682Max: 216058
Philadelphia Housing Market Forecast with Real Estate Prices for 2024February 2024Open: 196316Min: 176598Max: 217353
Philadelphia Housing Market Forecast with Real Estate Prices for 2024March 2024Open: 196638Min: 177183Max: 216724
Philadelphia Housing Market Forecast with Real Estate Prices for 2024April 2024Open: 197023Min: 175842Max: 217805
Philadelphia Housing Market Forecast with Real Estate Prices for 2024May 2024Open: 197386Min: 177923Max: 218739
Philadelphia Housing Market Forecast with Real Estate Prices for 2024June 2024Open: 197771Min: 177451Max: 217975
Philadelphia Housing Market Forecast with Real Estate Prices for 2024July 2024Open: 198120Min: 179822Max: 218424
Philadelphia Housing Market Forecast with Real Estate Prices for 2024August 2024Open: 198512Min: 178559Max: 219409
Philadelphia Housing Market Forecast with Real Estate Prices for 2024September 2024Open: 198714Min: 179255Max: 220334
Philadelphia Housing Market Forecast with Real Estate Prices for 2024October 2024Open: 199096Min: 177141Max: 219145
Philadelphia Housing Market Forecast with Real Estate Prices for 2024November 2024Open: 199469Min: 178757Max: 219639
Philadelphia Housing Market Forecast with Real Estate Prices for 2024December 2024Open: 199843Min: 179217Max: 220873
Philadelphia Housing Market Forecast with Real Estate Prices for 2025January 2025Open: 200231Min: 178600Max: 219803
Philadelphia Housing Market Forecast with Real Estate Prices for 2025February 2025Open: 200606Min: 180471Max: 220074
Philadelphia Housing Market Forecast with Real Estate Prices for 2025March 2025Open: 200930Min: 180960Max: 220768
Philadelphia Housing Market Forecast with Real Estate Prices for 2025April 2025Open: 201316Min: 182057Max: 220738
Philadelphia Housing Market Forecast with Real Estate Prices for 2025May 2025Open: 201680Min: 181935Max: 221290
Philadelphia Housing Market Forecast with Real Estate Prices for 2025June 2025Open: 202064Min: 181603Max: 222050
Philadelphia Housing Market Forecast with Real Estate Prices for 2025July 2025Open: 202414Min: 182391Max: 224531
Philadelphia Housing Market Forecast with Real Estate Prices for 2025August 2025Open: 202805Min: 183429Max: 223756
Philadelphia Housing Market Forecast with Real Estate Prices for 2025September 2025Open: 203006Min: 181770Max: 223384
Philadelphia Housing Market Forecast with Real Estate Prices for 2025October 2025Open: 203390Min: 184288Max: 224248
Philadelphia Housing Market Forecast with Real Estate Prices for 2025November 2025Open: 203762Min: 184354Max: 224637
Philadelphia Housing Market Forecast with Real Estate Prices for 2025December 2025Open: 204137Min: 182744Max: 224200
Philadelphia Housing Market Forecast with Real Estate Prices for 2026January 2026Open: 204526Min: 184370Max: 224401
Philadelphia Housing Market Forecast with Real Estate Prices for 2026February 2026Open: 204896Min: 184680Max: 226302
Philadelphia Housing Market Forecast with Real Estate Prices for 2026March 2026Open: 205223Min: 185178Max: 225143
Philadelphia Housing Market Forecast with Real Estate Prices for 2026April 2026Open: 205609Min: 185233Max: 225116
Philadelphia Housing Market Forecast with Real Estate Prices for 2026May 2026Open: 205974Min: 185118Max: 226364
Philadelphia Housing Market Forecast with Real Estate Prices for 2026June 2026Open: 206357Min: 185469Max: 227673
Philadelphia Housing Market Forecast with Real Estate Prices for 2026July 2026Open: 206708Min: 185673Max: 227798
Philadelphia Housing Market Forecast with Real Estate Prices for 2026August 2026Open: 207098Min: 187039Max: 226831
Philadelphia Housing Market Forecast with Real Estate Prices for 2026September 2026Open: 207298Min: 186876Max: 227374
Philadelphia Housing Market Forecast with Real Estate Prices for 2026October 2026Open: 207684Min: 187322Max: 227765
Philadelphia Housing Market Forecast with Real Estate Prices for 2026November 2026Open: 208055Min: 187185Max: 227725
Philadelphia Housing Market Forecast with Real Estate Prices for 2026December 2026Open: 208431Min: 187630Max: 228526
Philadelphia Housing Market Forecast with Real Estate Prices for 2027January 2027Open: 208821Min: 188568Max: 229503
Philadelphia Housing Market Forecast with Real Estate Prices for 2027February 2027Open: 209186Min: 189826Max: 231044
Philadelphia Housing Market Forecast with Real Estate Prices for 2027March 2027Open: 209516Min: 188945Max: 228809
Philadelphia Housing Market Forecast with Real Estate Prices for 2027April 2027Open: 209902Min: 189217Max: 229866
Philadelphia Housing Market Forecast with Real Estate Prices for 2027May 2027Open: 210269Min: 189395Max: 231773
Philadelphia Housing Market Forecast with Real Estate Prices for 2027June 2027Open: 210651Min: 189566Max: 230535
Philadelphia Housing Market Forecast with Real Estate Prices for 2027July 2027Open: 211002Min: 189465Max: 232078
Philadelphia Housing Market Forecast with Real Estate Prices for 2027August 2027Open: 211391Min: 190890Max: 232555
Philadelphia Housing Market Forecast with Real Estate Prices for 2027September 2027Open: 211590Min: 189619Max: 232314
Philadelphia Housing Market Forecast with Real Estate Prices for 2027October 2027Open: 211977Min: 193009Max: 232550
Philadelphia Housing Market Forecast with Real Estate Prices for 2027November 2027Open: 212348Min: 190547Max: 232970
Philadelphia Housing Market Forecast with Real Estate Prices for 2027December 2027Open: 212725Min: 191750Max: 233105
Philadelphia Housing Market Forecast with Real Estate Prices for 2028January 2028Open: 213116Min: 193012Max: 232571
Philadelphia Housing Market Forecast with Real Estate Prices for 2028February 2028Open: 213500Min: 193570Max: 233204
Philadelphia Housing Market Forecast with Real Estate Prices for 2028March 2028Open: 213822Min: 192040Max: 233829
Philadelphia Housing Market Forecast with Real Estate Prices for 2028April 2028Open: 214207Min: 194427Max: 235019
Philadelphia Housing Market Forecast with Real Estate Prices for 2028May 2028Open: 214570Min: 194743Max: 234121
Philadelphia Housing Market Forecast with Real Estate Prices for 2028June 2028Open: 214955Min: 195377Max: 235432
Philadelphia Housing Market Forecast with Real Estate Prices for 2028July 2028Open: 215305Min: 194293Max: 234604
Philadelphia Housing Market Forecast with Real Estate Prices for 2028August 2028Open: 215696Min: 195463Max: 234978
Philadelphia Housing Market Forecast with Real Estate Prices for 2028September 2028Open: 215899Min: 195574Max: 235050
Philadelphia Housing Market Forecast with Real Estate Prices for 2028October 2028Open: 216281Min: 195701Max: 236843
Philadelphia Housing Market Forecast with Real Estate Prices for 2028November 2028Open: 216653Min: 195541Max: 236098
Philadelphia Housing Market Forecast with Real Estate Prices for 2028December 2028Open: 217027Min: 195776Max: 236568
Philadelphia Housing Market Forecast with Real Estate Prices for 2029January 2029Open: 217416Min: 197342Max: 238062
Philadelphia Housing Market Forecast with Real Estate Prices for 2029February 2029Open: 217790Min: 198100Max: 238900
Philadelphia Housing Market Forecast with Real Estate Prices for 2029March 2029Open: 218115Min: 196532Max: 237981
Philadelphia Housing Market Forecast with Real Estate Prices for 2029April 2029Open: 218500Min: 198131Max: 237503
Philadelphia Housing Market Forecast with Real Estate Prices for 2029May 2029Open: 218864Min: 198615Max: 239213
Philadelphia Housing Market Forecast with Real Estate Prices for 2029June 2029Open: 219248Min: 199075Max: 240656
Philadelphia Housing Market Forecast with Real Estate Prices for 2029July 2029Open: 219599Min: 199916Max: 240306
Philadelphia Housing Market Forecast with Real Estate Prices for 2029August 2029Open: 219989Min: 201782Max: 239981
Philadelphia Housing Market Forecast with Real Estate Prices for 2029September 2029Open: 220190Min: 198683Max: 239116
Philadelphia Housing Market Forecast with Real Estate Prices for 2029October 2029Open: 220574Min: 201025Max: 241108
Philadelphia Housing Market Forecast with Real Estate Prices for 2029November 2029Open: 220946Min: 199925Max: 242585
Philadelphia Housing Market Forecast with Real Estate Prices for 2029December 2029Open: 221321Min: 201742Max: 242008
Philadelphia Housing Market Forecast with Real Estate Prices for 2030January 2030Open: 221711Min: 201302Max: 241909
Philadelphia Housing Market Forecast with Real Estate Prices for 2030February 2030Open: 222081Min: 201350Max: 240610
Philadelphia Housing Market Forecast with Real Estate Prices for 2030March 2030Open: 222407Min: 201758Max: 241723
Philadelphia Housing Market Forecast with Real Estate Prices for 2030April 2030Open: 222793Min: 201494Max: 243496
Philadelphia Housing Market Forecast with Real Estate Prices for 2030May 2030Open: 223159Min: 202850Max: 242859
Philadelphia Housing Market Forecast with Real Estate Prices for 2030June 2030Open: 223542Min: 203494Max: 244290
Philadelphia Housing Market Forecast with Real Estate Prices for 2030July 2030Open: 223892Min: 204582Max: 244069
Philadelphia Housing Market Forecast with Real Estate Prices for 2030August 2030Open: 224283Min: 202678Max: 245091
Philadelphia Housing Market Forecast with Real Estate Prices for 2030September 2030Open: 224482Min: 205145Max: 244303
Philadelphia Housing Market Forecast with Real Estate Prices for 2030October 2030Open: 224868Min: 204918Max: 245636
Philadelphia Housing Market Forecast with Real Estate Prices for 2030November 2030Open: 225239Min: 205269Max: 246154
Philadelphia Housing Market Forecast with Real Estate Prices for 2030December 2030Open: 225615Min: 206168Max: 246763
Philadelphia Housing Market Forecast with Real Estate Prices for 2031January 2031Open: 226006Min: 205953Max: 246010
Philadelphia Housing Market Forecast with Real Estate Prices for 2031February 2031Open: 226371Min: 205303Max: 246494
Philadelphia Housing Market Forecast with Real Estate Prices for 2031March 2031Open: 226700Min: 207140Max: 246770
Philadelphia Housing Market Forecast with Real Estate Prices for 2031April 2031Open: 227086Min: 206871Max: 247342
Philadelphia Housing Market Forecast with Real Estate Prices for 2031May 2031Open: 227453Min: 206849Max: 247860
Philadelphia Housing Market Forecast with Real Estate Prices for 2031June 2031Open: 227835Min: 205750Max: 247499
Philadelphia Housing Market Forecast with Real Estate Prices for 2031July 2031Open: 228186Min: 207856Max: 248035
Philadelphia Housing Market Forecast with Real Estate Prices for 2031August 2031Open: 228576Min: 208252Max: 249284
Philadelphia Housing Market Forecast with Real Estate Prices for 2031September 2031Open: 228774Min: 207815Max: 247858
Philadelphia Housing Market Forecast with Real Estate Prices for 2031October 2031Open: 229162Min: 210202Max: 250131
Philadelphia Housing Market Forecast with Real Estate Prices for 2031November 2031Open: 229532Min: 211103Max: 250175
Philadelphia Housing Market Forecast with Real Estate Prices for 2031December 2031Open: 229909Min: 210719Max: 250909
Philadelphia Housing Market Forecast with Real Estate Prices for 2032January 2032Open: 230301Min: 209037Max: 250991
Philadelphia Housing Market Forecast with Real Estate Prices for 2032February 2032Open: 230684Min: 211297Max: 251134
Philadelphia Housing Market Forecast with Real Estate Prices for 2032March 2032Open: 231006Min: 211211Max: 252115
Philadelphia Housing Market Forecast with Real Estate Prices for 2032April 2032Open: 231391Min: 212122Max: 251193
Philadelphia Housing Market Forecast with Real Estate Prices for 2032May 2032Open: 231754Min: 210218Max: 251274
Philadelphia Housing Market Forecast with Real Estate Prices for 2032June 2032Open: 232139Min: 211871Max: 252185
Philadelphia Housing Market Forecast with Real Estate Prices for 2032July 2032Open: 232489Min: 211149Max: 252911
Philadelphia Housing Market Forecast with Real Estate Prices for 2032August 2032Open: 232880Min: 213071Max: 254063

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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?