Philadelphia Housing Market Report: September 2025 Update

Steady Momentum as Fall Kicks Off

As the fall season began, the Philadelphia metro housing market continued its steady momentum with balanced growth across sales, listings, and prices. According to Bright MLS, September saw more homes listed, more sales closed, and a continued gradual rise in home values — signaling a stable and active market even as buyer urgency begins to cool with the season.

September 2025 Highlights

📊 Closed Sales: 5,402 (+6.1% vs. Sept 2024)
💰 Median Sold Price: $390,000 (+2.7% vs. Sept 2024)
📅 Median Days on Market: 16 days (+3 days vs. Sept 2024)
📝 New Pending Sales: 5,774 (+2.0% vs. Sept 2024)
🏠 New Listings: 7,189 (+7.2% vs. Sept 2024)
📈 Active Listings: 12,988 (+14.4% vs. Sept 2024)
📦 Months of Supply: 2.39 (+0.25 months vs. Sept 2024)
👀 Showings: 116,776 (–0.6% vs. Sept 2024)

What the Data Tells Us

More Homes on the Market — but Demand Is Still There

Active listings climbed 14.4% from last year, giving buyers more choices after months of tight inventory. This increase in supply has allowed the market to breathe a bit, creating a healthier balance between buyers and sellers.

Prices Holding Steady

The median sold price of $390,000 marks a 2.7% year-over-year increase, showing that prices are holding strong despite rising inventory. This suggests consistent buyer demand — especially for well-located and well-presented homes in areas like Center City, Main Line, and South Jersey suburbs.

Slightly Longer Selling Times

Homes took an average of 16 days to sell, up three days from last year. This modest increase indicates a more patient fall market — one that’s still active, but less frenzied than the peak summer months.

Continued Buyer Engagement

Showings dipped only 0.6% year-over-year, showing that serious buyers are still out there — just more selective. With inventory up and competition easing slightly, well-qualified buyers have more negotiating room heading into Q4.

What It Means for Buyers and Sellers

For Buyers

You’re entering a sweet spot — more listings, slightly longer market times, and still historically competitive rates. With nearly 13,000 active listings, this fall offers more opportunities to find the right home without facing extreme bidding wars.

Explore current listings and neighborhoods on Rarity Real Estate’s Search Portal.

For Sellers

It’s still a strong market, but strategy matters more than ever. Homes priced correctly and marketed professionally are still selling quickly and at top value. Staging, professional photography, and timing your listing right can make a big difference this season.

Get a free home valuation to see where your property stands in today’s market.

Regional & National Context

According to the National Association of Realtors (NAR), national home prices are showing modest growth while inventory remains below historical averages — a trend mirrored across the Philadelphia metro.

Meanwhile, data from the Federal Reserve Bank of Philadelphia highlights continued job stability and wage growth in the region, helping sustain steady housing demand through the second half of 2025.

For updated mortgage trends, visit the Freddie Mac Weekly Rate Survey.

Bottom Line

The Philadelphia housing market continues to move at a sustainable pace. Prices are stable, supply is improving, and both buyers and sellers are finding opportunities. As we head deeper into fall, staying informed — and working with a connected, local team — is key to making the most of the market.

Connect with Rarity Real Estate to discuss your next move in the Philadelphia area.