As the 6th-biggest city in the entire United States, Philadelphia is also one of the oldest. Full of both historical significance and contemporary culture, the City of Brotherly Love is one of the country’s hottest real estate locales. If you want a leg up on the real estate competition, you should work with a Philadelphia realtor who knows the city inside and out.
Learn more about the surrounding area with our guide, and fill out our form to discover a realtor in Philadelphia whose expertise suits your specific needs.
Median household income
$46,000
Average home price
$243,000
Average days on market
36
The median household income in Philadelphia is about $46,000. The median sale price of Philadelphia homes is $243,000. This figure has increased exceptionally over the last five years, as the median sale price of a property was only about $155,000 in 2016. The rise in Philadelphia home values corresponds to the rapid overall growth of the city. In fact, Philadelphia is part of the second-fastest growing area in the region.
Even with all of this growth, the Philadelphia real estate market is fairly balanced. The city’s real estate landscape is only somewhat competitive, with homes spending an average of 36 days on the market before being sold.
If you want to find the best real estate listings and negotiate the best prices, you need the best realtor in Philadelphia on your side. Fill out our agent form today to find the city’s top buyer agents, like:
Reid Rosenthal has 22 years of experience in Philadelphia real estate and a top-tier record. He has been named one of Prudential’s Top 100 Agents Nationwide and received the prestigious Diamond Award for being in the top half of one percent of Berkshire Hathaway agents in the country. His team, the Rosenthal Group, has a satisfaction guarantee.
Frank was born and raised in the Philly area, graduated from law school at Temple University, and has been a premier buyer agent for the past 16 years. He and his wife founded the CenterCityTeam, named an Elite Real Estate Team by Philadelphia Magazine. Frank’s core values are honesty, integrity, and superior customer service.
Jeanne Whipple is the co-founder of Philly Home Girls, a female-led real estate team that has become a household name in the Philadelphia real estate market. Her impressive résumé includes a fine arts degree from the University of Chicago and being named Chair of the Ethics Committee at the Greater Philadelphia Association of Realtors.
To attract the most buyers, close a deal quickly, and earn the highest possible return on your investment, you need a Philadelphia PA realtor with a long history of successful property sales. To find some of the city’s best seller agents, fill out our form and discover agents like:
Mike McCann is a Philadelphia real estate agent with 35 years of experience and has sold nearly 150 homes in the past year alone. His team has consistently been ranked the #1 Real Estate Team in Philadelphia for three decades. With nearly 600 reviews, Mike maintains a perfect five-star rating.
A true local expert, Karrie Gavin was born and raised in Philadelphia and has even authored a local guidebook. Her team—the Karrie Gavin Group—is the Top Producing Team at Elfant Wissahickon Realtors, the largest independent brokerage in the Philadelphia region. Individually, Karrie has twice been voted Best Realtor in Philadelphia by Philadelphia Family.
With 19 years of experience, Skye Michiels is the leader of Real Estate With Heart, an independent brokerage that does things differently. They bring a genuine family atmosphere to the home buying process. Real Estate With Heart believes that a real estate transaction is one of the most important journeys a person can take. They always guide their clients with genuine compassion.
You may have learned about Philadelphia’s important role in America during history class, but that’s only scratching the surface of this vibrant city. Here are some key Philly facts you should know.
Roughly 1,585,000 people live in Philadelphia.
The most common jobs in Philadelphia are in office and administrative support, sales, and management. The city’s highest-paying careers are in management, healthcare, and legal occupations.
Two of the highest-rated public schools in Philadelphia are Penn Alexander School for grades K-8, and Franklin Towne Charter High School for grades 9-12.
According to patient satisfaction data from Healthgrades, two of Philadelphia’s best healthcare facilities are Pennsylvania Hospital and Thomas Jefferson University Hospital.
The annual average temperature in Philadelphia is 52.4 degrees Fahrenheit, which is close to the national average of 54.5. It rains more in Philadelphia than both statewide and nationally. The city is not at concerning risk of earthquake, hurricane, or tornado damage.
Some of the city’s main attractions include the Philadelphia Museum of Art (and its “Rocky” steps), the Liberty Bell, a hip arts scene, tons of music venues, and cuisine ranging from Philly cheesesteaks to fine Italian dining.
When you’re looking for real estate listings, these are some of the best zip codes to search in:
A popular zip code among young adults, this neighborhood gets high marks from Niche on nightlife and commute times.
With an overall A grade, this zip code is ranked the 75th-best neighborhood in the entire state.
Based on both ethnic and economic factors, this zip code belongs to one of the most diverse neighborhoods in the state.
No matter what your real estate needs are, there is a Philadelphia realtor whose skills and experience are perfectly matched to support you. Fill out our form today to meet the Philadelphia real estate agent who will help turn your dreams into reality.