Is Philadelphia, PA 19118 a buyer’s or seller’s market?
Philadelphia is a seller’s market. With about 2.1 months of supply and 53% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score88/ 100
More competitive than 93% of U.S. ZIP codes, and #127 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.1Under 4 months = seller’s market
Sold above original list53.3%Share of sales, last 3 months
Median sale-to-list103.9%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$399▼ −0.5% vs. last year
Run the numbers for 19118
Nearby markets
Philadelphia 19102Balanced $322 /sq ftPhiladelphia 19103Balanced $477 /sq ftPhiladelphia 19104Buyer’s market $187 /sq ftPhiladelphia 19106Seller’s market $407 /sq ft Browse all markets →Local agents
See all agents in 19118 →No sponsored agents in 19118 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 19118
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology