November 2025 - Greater Philadelphia Real Estate Market Update

Greater Philadelphia Real Estate Market Update

October–November 2025

The housing market across the Greater Philadelphia region continues to shift toward a more balanced state. Prices are still trending upward in most counties, though at a modest pace. Inventory levels are beginning to rise, and homes are taking slightly longer to sell compared to last year. Sellers still hold some leverage, but buyers are gaining increased opportunity as competition cools from summer highs.

The stats below are for each overall County but if you want information about a specific area, please reach out and I can share more exact statistics.

📍 Philadelphia County

• The median sale price in the Philadelphia metro for August 2025 was $405,000, up 2.5% year-over-year.
• Closed sales declined by 1.7% year-over-year, while active listings increased by 10.9%, offering more options for buyers.
• New listings declined by 9% compared to last year, pointing to continued seller hesitance amid affordability challenges.

Source: Bright MLS / Bright Metro Market Report – August 2025

📍 Delaware County

• Zillow reports a typical home value of $355,438, up 2.1% year-over-year.
• Median sale price for September 2025 was approximately $360,000, with 1.7 months of supply and 766 active homes for sale.
• Homes continue to move quickly — especially those priced under $400K — with a median of 9–10 days to pending.

Sources: Zillow, Long & Foster Market Minute – Sept 2025

📍 Montgomery County

• The typical home value is now $481,492, up 2.8% year-over-year according to Zillow.
• The median sale price is holding at around $486,500, while homes are spending an average of 20–26 days on the market.
• Inventory remains tight with just over 1,100 active listings, but competitively priced homes continue to go under contract within 7 days in some cases.

Sources: Zillow, Market Minute, Redfin

📍 Bucks County

• The median sale price for August 2025 was $530,000, a 5.0% increase over last year.
• Typical home value sits at $507,035, up 4.2% YoY, with healthy activity in submarkets like Doylestown and Bristol.
• According to the Bucks County Association of REALTORS®, the average time on market increased to 21 days, with slight cooling from peak summer competition.

Sources: Zillow, FRED

📊 Regional Overview