Greater Philadelphia Real Estate Market Update: July 2025

📍 July 2025 Housing Market Update: Philly, Bucks, Montco & Delco

🏡 July 2025 Market Snapshot - Philly, Bucks, Montgomery, Delaware

The Greater Philadelphia real estate market remains at record highs, though some segments are cooling slightly. Prices continue their moderate climb, inventory is up, and buyer activity is easing in high-demand categories, offering some footholds for buyers.

📍 Philadelphia County

Philadelphia County’s median sale price reached about $296,000 in June—a 5.8% increase from last year—with homes taking around 45 days to sell, up slightly from 42 days a year ago. Rocket Homes reports 8,995 listings with a median list price of $292,873 (a 1.6% increase since May) and a 36.5% bump in inventory month-over-month to 5,662 active listings. Buyer demand remains strong— Bright MLS’s Home Demand Index stands at 78 for entry-level single-family homes, a bit softer than last month but well above last year’s levels. Additional data available via The Business Journals and Redfin.

📍 Bucks County

Bucks County homes showed resilience in June, with a median sale price of $515,000—a modest 1.7% year-over-year gain—and closed sales jumping 18.6% year-over-year. Inventory and demand both remain firm, keeping the market competitive through the summer. (Bucks County Association of Realtors)

📍 Montgomery County

June saw a shift in Montgomery County: Rocket Homes reports a median list price of $499,900, down 9.1% from May; yet listings surged to 1,997 homes (up 70.7% month-over-month). While the market offers more choices, buyers may find opportunities: 67% of recent sales closed below asking price, and average listing age fell to 49 days.

📍 Delaware County

Delaware County led regional growth in June, with the highest jump in June’s median sale price—up 7.9% to around $410,000 according to The Business Journals. Two towns— Swarthmore and Chadds Ford— ranked among the top 10 hottest markets locally, with average home prices exceeding $664,000 and $802,000 respectively according to DELCO.Today. Regional data shows the Greater Philadelphia metro hit a new record-high median of $416,000 in June, though overall annual price growth slowed to a still-solid 4% according to REMAX Plus.