Homes for Sale Under 200K in Philadelphia, PA

4,570 Homes for Sale

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Philadelphia, PA Housing Market Overview

Philadelphia's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 4.7-month supply of homes and an average of 61 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

61

Inventory

4,570

Aug 2021Mar 2024Mar 2026

Median Home Price

$280,000Up 0.02%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
4,570 Down 0.01%
Newly Listed Homes
2,048 Up 0.02%
Months of Supply
4.7 Up 0.30%

Housing Demand

Homes Sold
1,033 Down 0.00%
Sale-to-List Ratio
97.3% Down 0.69%
Homes Sold Above List
21.6% Down 3.05%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Philadelphia Market Report
No. of Homes
Houses for Sale in Rittenhouse Sq., Philadelphia
325
Houses for Sale in Kensington, Philadelphia
320
Houses for Sale in Cobbs Creek, Philadelphia
274
Houses for Sale in North Central, Philadelphia
272
Houses for Sale in Point Breeze, Philadelphia
248
Houses for Sale in Germantown, Philadelphia
192
Houses for Sale in Kingsessing, Philadelphia
189
Houses for Sale in Strawberry Mansion, Philadelphia
187
Houses for Sale in Southwest, Philadelphia
174
Houses for Sale in Haddington, Philadelphia
173
Houses for Sale in Frankford, Philadelphia
173
Houses for Sale in Mayfair, Philadelphia
169
Houses for Sale in Tioga, Philadelphia
157
Houses for Sale in West Oak Lane, Philadelphia
153
Houses for Sale in Southwest Center City, Philadelphia
147
Houses for Sale in Fishtown, Philadelphia
142
Houses for Sale in North Phila., Philadelphia
133
Houses for Sale in Port Richmond, Philadelphia
132
Houses for Sale in Washington Square West, Philadelphia
131
Houses for Sale in Grays Ferry, Philadelphia
117
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Philadelphia, PA Housing Marketlink qauare
Homes Available icon

4,570

Homes Available

Median List Price icon

$ 280,000

Median List Price

Avg on Market icon

61 Days

Avg on Market

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