Greater Philadelphia Real Estate Market Update: September 2025

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

Greater Philadelphia Real Estate Market Update - September 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 remain tight, but homes are staying on the market slightly longer than this time last year. Sellers still hold some leverage, but buyers are finding increased opportunity as competition cools from peak summer highs.

📍 Philadelphia County

• The median sale price in Philadelphia for August 2025 was $270,000, which is largely flat year-over-year (Redfin).
• The Zillow Home Value Index reports a typical home value of $232,459, reflecting a 3.1% year-over-year increase as of August 31, 2025. Homes are going pending in a median of 21 days, showing some market activity but a slower pace than earlier in the year (Zillow).
• According to the Federal Reserve's House Price Index, the Philadelphia metro continues its gradual appreciation, reaching 405.67 in Q2 2025—marking consistent growth from prior quarters (FRED).

📍 Delaware County

• Zillow data shows the typical home value in Delaware County at $359,086, up 2.1% year-over-year as of August 2025. Homes are moving relatively quickly, with a median pending time of 9 days (Zillow).
• Redfin reports a median sale price of $380,000 in August, representing a 7.0% annual increase. Homes took about 33 days to sell, slightly longer than the 29-day average one year ago (Redfin).
• Long & Foster’s monthly report indicates a median sale price of $385,000, with 766 active listings—down from 890 a year ago—indicating tighter inventory. The market has about 1.5 months of supply, consistent with seller-friendly conditions (Long & Foster).

📍 Montgomery County

• The median sale price in Montgomery County in August 2025 was $475,000, up 2.2% year-over-year, according to Redfin. Homes spent an average of 26 days on the market, slightly longer than last year. Monthly sales totaled 938, showing a slight decline in volume (Redfin).
• Zillow reports the typical home value in Montgomery County at $481,492, a 2.8% increase year-over-year. Many listings are going under contract in 7 days, indicating that well-priced homes are still selling quickly (Zillow).
• Long & Foster puts the median sale price at $486,500 for August, a 3% increase from the same month in 2024. Inventory remains tight with 1,174 active homes, and the average time on market is 20 days (Long & Foster).

📍 Bucks County

• The median sale price in August was $530,000, a 5.0% increase compared to August 2024. Homes took approximately 27 days to sell (Redfin).
• Zillow’s data shows the typical home value at $507,666, up 4.2% year-over-year, with strong buyer activity in submarkets such as Doylestown and Bristol (Zillow).
• The Bucks County Association of REALTORS® noted a 2.9% monthly increase in prices from July to August, with the average time on market increasing slightly to 21 days (BucksRealtor.com).

Regional Overview

County	Median Sale Price (Aug 2025)	YoY Change	Days on Market	Notable Trends
Philadelphia	$270,000	~+0.0%	~50 days	Slowing activity, stable pricing
Delaware County	$380,000–$385,000	+2–7%	~33 days	Prices rising, inventory declining
Montgomery County	$475,000–$486,500	+2–3%	20–26 days	Prices steady, listings selling fast
Bucks County	$530,000	+5%	~27 days	Healthy price growth, moderate speed