Is Philadelphia, PA 19138 a buyer’s or seller’s market?

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

Philadelphia is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score48/ 100

More competitive than 49% of U.S. ZIP codes, and #453 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 supply4.8Under 4 months = seller’s market

Sold above original list32.4%Share of sales, last 3 months

Median sale-to-list98.6%Sold price ÷ list price

Median days on market47Listing to accepted offer

Median price per sq ft$165▲ +15.9% vs. last year

Run the numbers for 19138

Prefilled for 19138Can I win this house?Multiple-offer likelihood for a listing Prefilled for 19138Over-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 →

More tools for 19138

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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