Greater Philadelphia Real Estate Market Update: April 2026

by Brad Gellman

Greater Philadelphia Real Estate Market Update: April 2026

Spring is here, and the local market is responding. New listings are up across the region, buyer activity has picked back up, and mortgage rates — while still not at the historic lows we all remember — are meaningfully better than they were a year ago. Here’s a look at what’s happening county by county.

📍 Philadelphia County

Philadelphia home prices in March 2026 came in at a median of $280,000, up 1.8% year-over-year, with homes averaging 61 days on market compared to 55 days last year. The city saw 1,033 closed sales in March, down modestly from 1,112 the year prior. The city continues to be the highest-volume market in the region, and that moderation in price growth also means more breathing room for buyers. The sale-to-list price ratio is holding around 97%, meaning sellers are still getting close to what they ask when priced correctly.

📍 Montgomery County

Montgomery County posted steady March 2026 numbers, with 536 closed sales and a median sold price of $455,000, reflecting a 3.4% rise year-over-year. The county remains one of the more competitive suburban markets in the region, with homes averaging about 42 days on market. Zillow's home value index places the average Montco home value at approximately $444,000, up 5.3% over the past year. Demand stays strong in communities like Ambler, Conshohocken, and Lower Merion.

📍 Bucks County

Bucks County had a strong March, with closed sales surging 14.6% compared to last year and a median sold price of $510,000. Zillow's home value index puts the typical Bucks County home value at approximately $463,000, up 4.2% year-over-year. That sales surge is a notable signal of returning buyer confidence. Buyers who paused through the winter are re-entering, and the inventory of new listings ticking up this spring is giving them more to choose from.

📍 Delaware County

Delaware County continues to hold its own as one of the more accessible markets in the region, attracting first-time buyers who might be priced out of Montgomery or Bucks. Median prices in February 2026 were $330,000, up 3.8% year-over-year, and homes are averaging 48 days on market. Zillow's home value index shows the typical Delaware County home value at approximately $326,000, up 4.1% over the past year.

📊 Market Summary — March 2026

County	Median Price	YoY Change	Avg. DOM	Closed Sales
Philadelphia Co.	$280,000	+1.8%	61 days	992
Montgomery Co.	$455,000	+3.4%	42 days	536
Bucks Co.	$510,000	+3.3–3.6%	~40 days	+14.6% YoY
Delaware Co.	$330,000	+3.8%	48 days	315