Real Estate Market Update for Philadelphia, PA
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Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 21% from one year earlier and down 1% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 140-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 3% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 140-thousand dollars. Overall, The number of units sold Increased 1% year-over-year and Increased 16% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Philadelphia, PA
Area Information for Philadelphia, PA
  • Population: 1,522,648
  • Median Age: 33.82 yr
  • Median Commute Time: 29.15 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 87
  • Population Density: 11,164/sq mi
  • Population Change Since 2000: 0%
  • Closest Airport: Philadelphia International
  • Closest College: Temple University
  • Closest Jr. College: Berean Institute
  • Median Household Income: $37,875
  • Annual Residential Turnover: 16.42%
  • Median Years in Residence: 4.48 yr
  • Median Home Sales Price: $125,000
  • Closest Major Sports Team: Philadelphia Phillies
  • Change Avg. Household Income Since 2000: 23%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for Philadelphia, PA
Median Age: 33.82 Married: 26% Number of Households: 603,082 Households with Children: 172,714
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Philadelphia, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Luis Munoz - Marin School 0.7 mi Public K - 8 1 4
      Russell Conwell Middle School 0.9 mi Public 5 - 8 3-5 4
      Bethel Baptist Academy 0.9 mi Private K - 12 0 4
      Ascension Of Our Lord School 0.9 mi Catholic K - 8 0 5
      St Laurentius School 1.1 mi Catholic K - 8 0 5
      John Moffet Elementary School 1.2 mi Public K - 5 2-5 3
      Stephen Douglas High School 1.3 mi Public 9 - 12 0 3
      Tanner Duckrey Elementary School 1.5 mi Public K - 8 0 4
      Little Flower Catholic High School 1.6 mi Catholic 9 - 12 0 4
      George W Carver High School - Eng & Science 1.6 mi Public 9 - 12 4 0
      Bodine High School Of Int'l Affairs 1.8 mi Public 9 - 12 4-5 4
      St Martin De Porres School 2.0 mi Catholic K - 8 0 5
      St George School 2.0 mi Catholic K - 8 0 4
      Gesu Catholic School 2.1 mi Catholic K - 8 0 4
      St Joseph's Preparatory School 2.2 mi Private 9 - 12 0 5
      Girard College 2.5 mi Private K - 12 0 4
      Logan Hope School 2.6 mi Private K - 8 0 3
      Folk Art Treasures Charter School 2.6 mi Public K - 8 2-5 4
      Julia R Masterman Mid High School 2.7 mi Public K - 12 5 4
      Randolph Skills Center 2.8 mi Public VOCATIONAL TECHNICAL SCHOOL 2 4
      St Martin Of Tours School 2.8 mi Catholic K - 8 0 4
      Frankford Friends School 2.9 mi Private K - 8 0 4
      Roman Catholic High School 2.9 mi Catholic 9 - 12 0 4
      Fitler Academics Plus School 3.0 mi Public K - 8 2 4
      Friends Select School 3.2 mi Private K - 12 0 4
      Philadelphia High School Girls 3.3 mi Public 9 - 12 4 4
      Phila Electrical & Tech Chs 3.3 mi Public 9 - 12 3 4
      Central High School 3.4 mi Public 9 - 12 5 4
      Maritime Academy Charter School 3.5 mi Public K - 12 1 4
      Science Leadership Academy 3.5 mi Public 9 - 12 4-5 5
      Germantown Friends School 3.5 mi Private K - 12 0 5
      St Peter's School 3.5 mi Private K - 8 0 4
      William Meredith Elementary School 3.8 mi Public K - 8 4 4
      Academy At Palumbo 3.9 mi Public 9 - 12 4 4
      Samuel Powel Elementary School 4.0 mi Public K - 5 1 5
      Philadelphia High School Capa 4.0 mi Public 9 - 12 4 4
      Philadelphia School 4.1 mi Private K - 8 0 4
      Montessori Genesis Ii School 4.1 mi Private K - 5 0 4
      Green Tree School - Lower Campus 4.2 mi Private SPECIAL EDUCATION 0 4
      High Street Christian Academy 4.2 mi Private K - 6 0 4
      Annunciation School 4.4 mi Catholic K - 8 0 4
      Cedar Grove Christian Academy 4.4 mi Private K - 8 0 4
      Cook - Wissahickon Elementary School 4.5 mi Public K - 8 3 5
      Abigail Vare Elementary School 4.6 mi Public K - 8 1 4
      Christian Stronghold Learning Academy 4.7 mi Private K - 6 0 4
      Neumann & Goretti Catholic High School 4.7 mi Catholic 9 - 12 0 5
      Our Mother Of Sorrows School 4.8 mi Catholic 5 - 8 0 5
      Hill - Freedman Middle School 4.8 mi Public 5 - 8 4-5 4
      Our Lady Of Ransom School 4.8 mi Catholic K - 8 0 4
      Project Learn School 4.8 mi Private K - 8 0 5
      Penn Alexander School 4.9 mi Public K - 8 4 5
      West Philadelphia Catholic High School 4.9 mi Catholic 9 - 12 0 4
      Spruce Hill Christian School 4.9 mi Private K - 8 0 4
      Islamic Education School 4.9 mi Private K - 8 0 4
      Jubilee School 5.0 mi Private K - 6 0 5
      George Sharswood Elementary School 5.1 mi Public K - 8 1 4
      Mill Creek School 5.1 mi Private SPECIAL EDUCATION 0 5
      Hms School For Children With Cp 5.2 mi Private SPECIAL EDUCATION 0 0
      Preparatory Charter School 5.2 mi Public 9 - 12 4-5 4
      Mastery Charter School - Shoemaker 5.3 mi Public 7 - 12 0 4
      Mayfair School 5.3 mi Public K - 8 2 4
      Edward Heston Elementary School 5.3 mi Public K - 8 1 5
      Immanuel Lutheran School 5.4 mi Private K - 8 0 5
      Kennedy C Crossan Elementary School 5.5 mi Public K - 5 3 4
      Philadelphia Performng Arts Cs 5.5 mi Public K - 8 3 4
      Girard Academic Music Program 5.5 mi Public K - 12 4-5 5
      Edwin Forrest Elementary School 5.7 mi Public K - 6 3 4
      James Dobson Elementary School 5.9 mi Public K - 8 3 4
      Philadelphia Mil Academy Leedes 5.9 mi Public 9 - 12 2-5 4
      Lotus Academy 6.1 mi Private K - 5 0 4
      Waldorf School Of Philadelphia 6.1 mi Private K - 8 0 5
      W B Saul High School - Agri Sciences 6.1 mi Public VOCATIONAL TECHNICAL SCHOOL 2 4
      Sanctuary Christian Academy 6.2 mi Private K - 6 0 5
      Overbrook School For Blind 6.3 mi Private SPECIAL EDUCATION 0 4
      Holmesburg Baptist Chrn School 6.4 mi Private K - 8 0 4
      Chestnut Hill Academy 6.4 mi Private K - 12 0 5
      New Foundations Charter School 6.4 mi Public K - 12 3-5 4
      St Donato School 6.5 mi Catholic K - 8 0 4
      Stern Hebrew High School 6.6 mi Private 9 - 12 0 4
      John F Mccloskey Elementary School 6.6 mi Public K - 6 1 4
      Better Way Christian Academy 6.6 mi Private K - 12 0 4
      Kipp W Philadelphia Cs 6.7 mi Public 5 - 8 1 4
      John S Jenks Elementary School 6.9 mi Public K - 8 3-5 4
      Father Judge High School 6.9 mi Catholic 9 - 12 0 4
      St Dominic School 7.1 mi Catholic K - 8 0 4
      Our Mother - Consolation School 7.3 mi Catholic K - 8 0 5
      Green Woods Charter School 7.7 mi Public K - 8 3-5 5
      C C A Baldi Middle School 8.2 mi Public 5 - 8 3-5 4
      Lehigh Christian Academy 8.3 mi Private K - 8 0 5
      Motivation High School 8.6 mi Public 9 - 12 3 4
      Nazareth Academy High School 8.8 mi Private 9 - 12 0 4
      Nazareth Academy Grade School 8.9 mi Catholic K - 8 0 5
      John Hancock Elementary School 9.2 mi Public K - 5 3 5
      Christ The King School 9.3 mi Catholic K - 8 0 4
      Archbishop Ryan High School 10.0 mi Catholic 9 - 12 0 4
      William H Loesche Elementary School 10.2 mi Public K - 5 3 4
      Delta School 10.7 mi Private SPECIAL EDUCATION 0 5
      Math Science & Tech Community Charter School 10.8 mi Public K - 12 4 4
      Watson Comly Elementary School 11.0 mi Public K - 5 2-5 5
      Calvary Christian Academy 11.4 mi Private K - 12 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for Philadelphia, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.