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Median Home Price in Philadelphia, PA

The median home value in Philadelphia, PA is $234,630 as of 2026-07-31, up 0.17% from a year earlier.

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Median Home Value

$234,630

Year-over-Year

+0.17%

Population

1,549,259

Philadelphia ranks #88 of 150 Pennsylvania cities tracked here by median home value, and sits 9.5% below the state's city median of $259,163. It sits in Philadelphia County, where the county-wide median is $234,557.

Housing affordability in Philadelphia

Median household income in Philadelphia is $61,953, so the typical home value is about 3.8× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Philadelphia

Philadelphia police recorded a violent crime rate of 909 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 4,548 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Philadelphia

What is the average home price in Philadelphia, PA?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Philadelphia, that value is $234,630. That's up 0.17% from a year earlier. It is about 9.5% below the typical Pennsylvania city tracked here.

Is Philadelphia expensive compared to the surrounding area?

Homes in Philadelphia are about the same as Philadelphia County as a whole, where the median is $234,557.

Is Philadelphia affordable?

Median household income here is $61,953, so the typical home value is about 3.8× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Philadelphia a safe place to live?

Philadelphia police reported 909 violent crimes per 100,000 residents, covering a population of about 1,549,259. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in PA

Schuylkill Haven · Olyphant · Yeadon · Monroeville · Montgomery · Kingston · Mill Hall · Carnegie