Is Philadelphia, PA 19124 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Philadelphia is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.9Under 4 months = seller’s market

Sold above original list35.1%Share of sales, last 3 months

Median sale-to-list98.4%Sold price ÷ list price

Median days on market42Listing to accepted offer

Median price per sq ft$140▼ −10.3% vs. last year

Run the numbers for 19124

Prefilled for 19124Can I win this house?Multiple-offer likelihood for a listing Prefilled for 19124Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Philadelphia 19102Balanced $322 /sq ft Philadelphia 19103Balanced $477 /sq ft Philadelphia 19104Buyer’s market $187 /sq ft Philadelphia 19106Seller’s market $407 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology