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Monday, October 18, 2021

Philadelphia Real Estate Forecast : Housing Market Trends and Price Predictions 2021

Philadelphia city real estate market report for buying and selling homes with median prices:
“Is it a good time to buy homes in Philadelphia City?” “Does investing in real estate in Philadelphia (Pennsylvania State, Philadelphia County) worth it?” According to our live Forecast System, buying a house in Philadelphia City is a not so good short-term (1-year) investment*. The Philadelphia average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis.
At Citytelegraph.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Philadelphia City in Pennsylvania State, Philadelphia County. If you are looking for homes for sale with good flipping profit, Philadelphia can be a profitable property investment option. The median price of an average house in Philadelphia was 185573 USD on 2021-03-06. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the “Philadelphia” area is 206692 USD by 2026-03-31. For a 5-year investment the profit is expected to be around +11.38% meaning that investing 100000 USD today may yield a profit of 111380 USD by 2026.

Philadelphia City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

Philadelphia City (Pennsylvania State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2021-2027

Also Read:

Los Angeles Real Estate Forecast 2021 : Housing Market Prices Predictions and Trends


Questions and Answers about the Philadelphia Housing Market Forecast

How much does an average home cost in Philadelphia today?

The value of an average home (the listing price) in Philadelphia City is 185573 USD.

What is the average price per square foot in Philadelphia City?

According to Walletinvestor the median price per square foot in Philadelphia City is 103 USD.

Will the median listing price of homes in Philadelphia City grow / rise / go up?

Yes. The Philadelphia home prices may rise from 185573 USD to 189810 USD in one year.

Is it profitable to invest in Philadelphia homes?

Yes. The long-term profit potential is +2.28% in one year.

Will Philadelphia house prices fall / drop?

No.

What is the predicted price of a Philadelphia home in 2026?

The predicted home sales price of a Philadelphia home in 2026 in Philadelphia City is 206692 USD.

What is the predicted price of a Philadelphia home in 2031?

The predicted home sales price of a Philadelphia home in 2031 in Philadelphia City is 227762 USD.

Will real estate prices decrease in Philadelphia?

According to our analysis, it is unlikely to happen.


Short-Term Outlook Based On The Last 12 Months

Philadelphia City is the 6. largest city in the United States, located in Pennsylvania State.

During the last 12 months the real estate prices in PhiladelphiaPhiladelphia City increased, looking at the past 12 months.

According to Citytelegraph’s Philadelphia real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.589% to 185573 USD, between 2020-02-29 and 2021-02-28

The average annual profit of property investment was:

  • 5.58% in 2016
  • 7.58% in 2017
  • 10.04% in 2018
  • 5.14% in 2019
  • 0.0989% in 2020
  • 0.0334% in 2021

Based on our Philadelphia City real estate market research and report the predicted sales prices will increase by 22.73% in the next 10 years.

Over the last 12 months, the value of homes in Philadelphia City fluctuated: increasing 7 times and decreasing 5 times.


Philadelphia Real Estate Price Trends, Housing Market Forecast for next months and years

DateAverage priceMinimum priceMaximum price
Philadelphia Housing Market Forecast with Real Estate Prices for 2021
April 2021 186011 166612 208269
May 2021 186370 165407 205931
June 2021 186753 167792 209373
July 2021 187109 165365 208412
August 2021 187506 167175 208092
September 2021 187874 166991 207625
October 2021 188265 167758 208918
November 2021 188643 169710 209199
December 2021 189021 167693 209567
Philadelphia Housing Market Forecast with Real Estate Prices for 2022
January 2022 189414 169398 210236
February 2022 189786 169401 212151
March 2022 189810 168431 210959
April 2022 190230 170266 212366
May 2022 190590 170190 211426
June 2022 190970 169881 212100
July 2022 191326 170643 212001
August 2022 191724 172269 211915
September 2022 192089 172431 213381
October 2022 192482 172917 214066
November 2022 192860 172029 214979
December 2022 193241 173139 214385
Philadelphia Housing Market Forecast with Real Estate Prices for 2023
January 2023 193636 172576 213973
February 2023 193998 173204 214871
March 2023 194027 174810 215582
April 2023 194448 173473 214737
May 2023 194810 173434 214953
June 2023 195187 174662 217254
July 2023 195544 174539 216085
August 2023 195942 173190 217643
September 2023 196304 176716 215900
October 2023 196699 176759 217132
November 2023 197077 176847 218132
December 2023 197460 177860 218695
Philadelphia Housing Market Forecast with Real Estate Prices for 2024
January 2024 197858 176888 217266
February 2024 198241 178465 218743
March 2024 198257 178396 218198
April 2024 198675 178215 219444
May 2024 199032 180196 219681
June 2024 199418 177545 219464
July 2024 199773 178744 221724
August 2024 200170 180096 220954
September 2024 200540 180416 220920
October 2024 200930 179712 221928
November 2024 201308 178587 221490
December 2024 201684 180748 222644
Philadelphia Housing Market Forecast with Real Estate Prices for 2025
January 2025 202074 182038 222175
February 2025 202454 183805 223754
March 2025 202474 179795 222728
April 2025 202893 182431 223625
May 2025 203252 183214 223693
June 2025 203635 184065 225444
July 2025 203991 182650 224540
August 2025 204388 185388 224150
September 2025 204756 185525 225798
October 2025 205147 185427 227746
November 2025 205525 183538 226747
December 2025 205903 185150 226799
Philadelphia Housing Market Forecast with Real Estate Prices for 2026
January 2026 206296 185701 225987
February 2026 206667 186158 227228
March 2026 206692 185831 228279
April 2026 207111 186564 229324
May 2026 207472 186200 227647
June 2026 207852 186854 229099
July 2026 208208 187741 226962
August 2026 208606 187844 228388
September 2026 208971 186491 229860
October 2026 209364 189309 229553
November 2026 209742 188798 230651
December 2026 210123 188550 231276
Philadelphia Housing Market Forecast with Real Estate Prices for 2027
January 2027 210518 189166 232458
February 2027 210880 190135 231007
March 2027 210909 189854 230198
April 2027 211330 192174 232175
May 2027 211692 189975 233821
June 2027 212069 191871 231884
July 2027 212426 190613 236121
August 2027 212824 192943 232594
September 2027 213186 192929 231999
October 2027 213581 193939 235091
November 2027 213959 193008 234051
December 2027 214342 193717 235866
Philadelphia Housing Market Forecast with Real Estate Prices for 2028
January 2028 214740 193281 235447
February 2028 215123 194802 235087
March 2028 215139 193444 237007
April 2028 215557 195104 236838
May 2028 215914 194267 235594
June 2028 216300 194960 237552
July 2028 216655 196959 238345
August 2028 217052 196293 236779
September 2028 217422 197490 237551
October 2028 217812 197524 238435
November 2028 218190 195881 240892
December 2028 218566 197634 239694
Philadelphia Housing Market Forecast with Real Estate Prices for 2029
January 2029 218956 198033 239467
February 2029 219336 196927 240262
March 2029 219356 199858 239615
April 2029 219775 199600 240986
May 2029 220134 198740 241358
June 2029 220517 199743 240697
July 2029 220873 200045 241948
August 2029 221270 199768 242348
September 2029 221638 201412 242367
October 2029 222029 200919 242597
November 2029 222407 201792 242475
December 2029 222785 200377 243231
Philadelphia Housing Market Forecast with Real Estate Prices for 2030
January 2030 223178 203419 245952
February 2030 223549 203286 245606
March 2030 223574 202636 243065
April 2030 223993 202902 244148
May 2030 224354 204228 245025
June 2030 224734 204384 247131
July 2030 225090 205352 246543
August 2030 225488 204851 245623
September 2030 225853 204805 246106
October 2030 226246 205070 246914
November 2030 226624 205057 247260
December 2030 227004 204534 247172
Philadelphia Housing Market Forecast with Real Estate Prices for 2031
January 2031 227400 206677 248768
February 2031 227762 207587 249412

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