HOME VALUE FORECAST

Philadelphia home value forecast for 2027

Typical list prices across Philadelphia, PA, this year's direction, and the longer-run trend.

The typical home in Philadelphia is listed at $189,000, -8.1% on a year earlier. Projected forward, a typical home would be worth about $174,000 in 2027 and $195,000 in 2031.

The first 2 years follow this year's change in list prices (-8.1%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+6.8% a year).

The short-term and long-term signals disagree. List prices in Philadelphia moved -8.1% over the past year, while the FHFA index rose +6.8% a year from 2020 to 2025. The projection follows today's direction for 2 years before returning to the long-run average, and nobody knows when, or whether, that turn comes. Treat years 3 to 5 as the less certain part.

Philadelphia home values by year

Philadelphia, PA: typical list price, current and projected
YearTypical home valueAnnual change used
2026 (now)$189,000—
2027 (projected)$174,000-8.1% (this year's listings)
2028 (projected)$160,000-8.1% (this year's listings)
2031 (projected)$195,000+6.8% (FHFA 2020–2025)

Homes for sale in these ZIP codes have been on the market a median of 74 days.

By ZIP code

Philadelphia, PA: RentCast median list price and FHFA annual trend for each sampled ZIP
ZIPMedian list priceA year agoSale listingsFHFA trend 2020–2025
19124$189,900$190,000344+9.2%/yr
19120$215,000$200,000227+7.6%/yr
19111$325,000$319,900192+6.9%/yr
19143$199,000$199,900503+6.6%/yr
19149$257,000$258,900214+6.7%/yr
19134$115,000$164,900704+4.1%/yr
19104$189,000$230,000298+3.6%/yr
19140$115,000$125,000443+11.3%/yr
19148$295,000$310,000343+3.3%/yr
19144$180,000$199,999305+7.9%/yr

Read this with care

List prices are what sellers ask, not what homes sell for, and a one-year change in them can swing with what happens to be on the market. The FHFA trend covers 2020 to 2025, including the pandemic-era run-up, so it may overstate where prices go from here. The projection is both trends carried forward, not a call on the next turn.

Source: RentCast market data for 10 of Philadelphia's 47 ZIP codes (the most populous, home to 37% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.

Frequently asked questions

What will homes in Philadelphia, PA be worth in 2027?

A typical $189,000 home would be worth about $174,000 in 2027. The first 2 years follow this year's change in list prices (-8.1%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+6.8% a year).

What is the typical home price in Philadelphia, PA?

The typical list price is $189,000, across 3,573 active sale listings in 10 ZIP codes.

Are home prices in Philadelphia going up or down?

Over the past year, list prices in these ZIP codes moved -8.1%. The longer FHFA trend from 2020 to 2025 is +6.8% a year.

Forecast a specific ZIP's home values