Philadelphia County, Pennsylvania Housing Market
In Philadelphia County, Pennsylvania, the median home value is $243,100, with a median monthly rent of $1,397. This places Philadelphia County at #949 nationally out of 3134 counties by median home value, and #18 within Pennsylvania.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,640
- Establishments: 32,638
- BLS QCEW, 2025
Housing Supply
- Single-family: 656
- Multi-family: 2,710
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 592,115 (avg $70,403)
- Outflow: 595,202 (avg $71,574)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Philadelphia County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 19107 | 292.1 | +8.41% | 2025 |
| 2 | 19104 | 423.8 | -7.19% | 2025 |
| 3 | 19142 | 420.5 | +9.38% | 2025 |
| 4 | 19106 | 245.7 | +12.73% | 2025 |
| 5 | 19103 | 307.0 | +6.41% | 2025 |
| 6 | 19131 | 403.6 | +10.72% | 2025 |
| 7 | 19124 | 394.8 | +15.55% | 2025 |
| 8 | 19139 | 427.0 | +0.09% | 2025 |
| 9 | 19126 | 357.1 | +14.01% | 2025 |
| 10 | 19137 | 420.1 | -0.58% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Philadelphia County Compares
| Metric | Philadelphia County | Pennsylvania Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $243,100 | $212,079 | $227,706 |
| Median Gross Rent | $1,397 | $990 | $968 |
| Owner Occupancy Rate | 51.8% | 74.2% | 73.3% |
| Price/Rent Ratio | 14.5 | 17.5 | 18.7 |
Market Analysis
The median home value in Philadelphia County is 14.6% above the Pennsylvania state average and 6.8% above the U.S. national average. The median rent of $1,397/month is 41.1% above the state average.
With a price-to-rent ratio of 14.5, buying a home in Philadelphia County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Philadelphia County has an owner-occupancy rate of 51.8%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Marion County | Florida | $243,100 | $1,277 |
| Yancey County | North Carolina | $243,100 | $882 |
| Ashe County | North Carolina | $243,100 | $859 |
| Portage County | Wisconsin | $243,100 | $940 |
| Kandiyohi County | Minnesota | $243,200 | $909 |
Other Counties in Pennsylvania
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wayne County | $242,100 | $1,038 | 80.5% |
| Lebanon County | $242,000 | $1,110 | 71.3% |
| Union County | $240,100 | $974 | 72.3% |
| Montour County | $248,100 | $1,142 | 68.5% |
| York County | $248,600 | $1,193 | 76.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).