407 census tracts
Philadelphia.Pennsylvania housing market
This Philadelphia housing market report covers about 746,000 homes across 407 census tracts. Picking the tract matters more in Philadelphia than in most markets: the middle half of its tracts spans 65 to 72 on the Location Score, wider than in 122 of the 139 markets PriceDNA tracks. For August 2026, the average listing price is $381,933 across 4,956 active listings (Realtor.com Economic Research, Monthly Housing Inventory).
- Average listing price
- $381,933 4,956 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
- Approximate homes
- 746,000 across 407 assigned tracts
- Renter-occupied
- 48% of occupied homes
Philadelphia housing market context
- Population fell 0.3% a year from 2020 to 2025, slower than in 116 of the 137 markets with Census population estimates.
- The median census tract scores 68.8 on the PriceDNA Location Score™, lower than in 107 of the 139 markets.
These are city-level figures. To see how one property measures up against your goal, run a specific address.
Location score distribution
How location scores vary across 407 census tracts in Philadelphia.
Half of Philadelphia's tracts score between 65 and 72. The full range spans 55 to 83, with a median of 68.8.
What the location score shows
PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.
The middle half of Philadelphia's tracts is 7.9 points wide on the score, wider than in 122 of the 139 markets PriceDNA tracks.
To see the location score for your specific property, analyze a property
Housing composition
Key housing statistics for approximately 746,000 homes in Philadelphia, including occupancy, tenure, and structure type.
Of about 746,000 homes, 9.2% are vacant. Among occupied homes, 48% are renter-occupied, providing context on the size of the local rental base.
By structure type, about 64% of Philadelphia’s housing units are in single-family structures, 14% in small multifamily buildings (2 to 4 units), and 21% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.
How Philadelphia compares
Philadelphia's median is above the Pennsylvania median on 3 of these 8 measures and above the U.S. median on 3. The city range shows the lower quarter, median and upper quarter of its census tracts.
| Metric | Philadelphia lower · median · upper Philadelphia | Pennsylvania PA | United States US |
|---|---|---|---|
|
Census ACS B19013 · 2020 to 2024
|
$45,200 $60,462 $84,944 | $74,308 | $77,171 |
|
Census ACS B15003 · 2020 to 2024
|
25% 37% 61% | 40% | 41% |
|
Census ACS B01001 · 2020 to 2024
|
31% 35% 46% | 30% | 32% |
|
FHFA HPI · 2025
|
4.3% 4.3% 4.4% | 5.4% | 5.2% |
|
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
|
3.1% 3.7% 4.6% | 3.8% | 3.8% |
|
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
|
1.21% every tract | 1.36% | 1.65% |
|
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
|
0.51% 0.72% 1.01% | 0.51% | 0.56% |
|
Census ACS B25064 + B19013 · 2020 to 2024
|
28.2% 33.4% 39.1% | 29.3% | 30.8% |
About this data
PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.
Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.
The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.
These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.
Nearby markets
Market pages for other cities within 300 miles.
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PriceDNA's goal-convergent valuation shows the purchase price that supports your investing goal, not just the market average.