Veterans United in
Philadelphia-Camden-Wilmington, PA
in the PA, NJ, DE, MD metro area
The Philadelphia housing market in October has weakened compared to last year with the median home price around $380,000 — down 0.5% from last year. Homes for sale in Philadelphia* now spend an average of 44 days on the market, and nearly 36% sell below asking price, giving buyers more negotiating power.
Just a few of the 738,955 Veterans we've helped get into homes.
6,088 Veterans in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area alone!
Based on Veterans United and Veterans United Realty's internal data.
Brian W. | U.S. Marine Corps
Ronald B. | U.S. Army
David P. | U.S. Marine Corps
Donova B. | U.S. Army
Dormain V. | U.S. Navy
William E. | U.S. Army
Hames M. | U.S. Military
Philadelphia Metro Housing Market in September 2025
Median Days on Market
44 days
Homes are staying on the market 1.15% longer than last month.
Average Listing Price
$544,925
Average home prices are down 1.46% since last month.
Active Listings
11,521 homes
Number of houses on the market are up 2.62% since last month.
Homes in the Philadelphia region sell at a moderate pace.
36% of listings reduced price last month.
6,152
New listings
Down 16.4% from last month
11,521
Active listings
Up 2.6% from last month
VA Loan Market Share
3.5% of originations last year were VA loans.
951
Sold last year
1/29
Were VA loans
Philadelphia Area
Own vs Rent Trends
A higher share of owner-occupied homes often reflects stronger long-term ties to the community, since homeowners are more likely to stay in one place and invest in their neighborhoods. By contrast, areas with a larger renter population may be more transient, offering flexibility but sometimes less stability in housing markets.
It could also be an indication of market health, as affordable markets often have higher owner-occupancy rates.
The home listing price-to-income ratio in the Philadelphia area is 4.4
The ratio compares how expensive homes are in Philadelphia relative to household income. A higher ratio means homes cost more compared to what people earn.
A healthy price-to-income ratio is generally around 3 times your household's annual income (or less), but higher ratios can be sustainable depending on your rate, DTI, and more.
Median Home Prices by Neighborhood in the Philadelphia Region
This section breaks down median home prices by neighborhood. Use these insights to see where housing costs trend higher or lower, and to better understand the market at the zip code level.
The Philadelphia metro median income is $86,867.
Explore Philadelphia Area Neighborhoods
See how median home prices in individual Philadelphia neighborhoods compare to the overall metro median.
View this chart to learn about the median listing price and the number of active listings in Philadelphia over time.
Month
Nov 2021
Dec 2021
Jan 2022
Feb 2022
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Listing Price
$309,950
$299,950
$299,900
$299,950
$310,000
$325,000
$339,900
$347,450
$345,000
$337,745
$335,000
$335,000
$329,950
$320,000
$319,450
$322,450
$327,450
$339,200
$349,450
$354,950
$350,000
$350,000
$350,000
$350,000
$349,900
$340,000
$337,375
$339,950
$349,999
$369,950
$382,076
$395,000
$389,950
$382,000
$379,450
$376,500
$372,500
$358,075
$352,000
$350,000
$359,000
$375,000
$385,000
$387,450
$384,950
$380,000
Month
Nov 2021
Dec 2021
Jan 2022
Feb 2022
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Active Listings
9,802
8,440
6,998
6,584
6,951
7,346
8,575
9,689
10,816
10,805
10,767
11,182
11,024
9,772
8,896
8,086
7,967
8,053
8,047
8,318
8,348
8,555
9,092
9,607
9,708
8,879
7,895
7,622
7,863
8,315
8,723
9,215
9,461
9,659
10,378
10,898
10,897
9,447
8,801
8,732
9,279
9,827
10,711
11,057
11,227
11,521
Median Days on Market
Days on Market
This chart shows the median days on market for active listings over time. In other words: how quickly homes move in the market. A declining rate means rising competition among buyers, while an increase means listings are sitting longer.
Month
Nov 2021
Dec 2021
Jan 2022
Feb 2022
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Median Days on Market
51
58
65
54
38
36
34
37
40
46
51
51
55
66
73
67
53
46
44
45
45
45
45
44
46
56
66
59
43
40
34
38
41
44
45
43
47
57
63
52
39
35
35
41
44
44
Pending Homes-for-Sale %
Percentage of Homes Sold per Month
This chart shows the percentage of homes that sold each month, highlighting buyer demand and long-term market trends. In most markets, around 20% of listings selling each month is considered balanced. Higher percentages point to a strong sellers' market, while lower percentages indicate more favorable conditions for buyers.
Largest overall VA lender (purchase and refinance) for six of the last nine years.
More VA purchase loans than any other lender for the past nine consecutive years
Over the last five years, Veterans United made more VA purchase loans than USAA, Navy Federal Credit Union, Rocket Mortgage, Wells Fargo and Freedom Mortgage combined.
Most Veterans don't realize how little money it can take to buy a home. Many think it's out of reach, especially with lower approval amounts, but it's possible. Helping them understand options like seller concessions is one of the most rewarding parts of the job.
Paul D.Veterans United Network Realty Agent
In the Philadelphia market, VA buyers often see the most success on homes priced between $200,000 and $400,000, especially those that have been listed for 20 days or more. That's when you're more likely to negotiate and secure favorable terms.
Alexander S.Veterans United Network Realty Agent
In northeast Pennsylvania markets like Bushkill, Hawley, and Scranton/Wilkes-Barre, homes often receive multiple offers and can go under contract in just a day or two. VA buyers who are preapproved and prepared to act quickly are in the best position to compete.
Vernon W.Veterans United Network Realty Agent
1-800-985-5723 | 1512 Heriford Road, Columbia, MO 65202. Not affiliated with any government agency including the VA. Missouri Licensed Real Estate Brokerage; for license information, visit VeteransUnitedRealty.com. Equal Housing Opportunity.
Start Your VA Loan With Veterans United
Not sure where to begin? Whether you're stationed nearby or planning to move near Philadelphia, we’ll help you understand what to expect.
Veterans United made the home buying process a breeze! Getting things done on the app was simple, and the whole team communicated clearly throughout the process.
Eric S. | Army
Verified Customer
A difficult family-to-family transaction, and VU made it happen!
Kyle K. | Army
Verified Customer
Our team at Veterans United made purchasing our first home smooth and straightforward! The support, communication, and customer service exceeded our expectations! Thank you Veterans United!!
Brian W. | Marine Corps
Verified Customer
My loan officer Lucas was awesome throughout the entire process.
Mark M. | Navy
Verified Customer
Excellent customer service from all staff members. They were always ready to help or answer questions when needed.
Kenneth M. | Air Force
Verified Customer
Justin reassured me that everything was going to be okay and that I would be fine thank you so very much for the support and personal care that I received.
Charles S. | Army
Verified Customer
Veterans united was a big help. Help me with everything I didn't know. We can't be any happier with our new home.
Donovan B. | Army
Verified Customer
The very best experience that I have had in my home buying. Zach and his team were extremely helpful during this process and we are so delighted with his knowledge of the process to get this done in an expedient and professional manner. If I were to seek out another loan offer, the Veterans United...
Brian R. | Army
Verified Customer
The whole team from VeteransUnited were incredible. From Jessica who got us started to Shawn who finished us out. Not forgetting Dennis, Michel, and everyone else I can't remember at the moment, who were also phenomenal. Everything we wanted explained was broken down into easily understandable terms...
Zachary K. | Army
Verified Customer
This was the best team that I’ve ever worked with. They got me through this explain to everything along the way and I had a great experience thank you.
Priscilla M. | Army
Verified Customer
Stephen and his team provided an outstanding home buying experience. This whole process can be overwhelming at times, but they were gracious and helpful every step of the way. The myvu portal provided a streamlined and organized access point for everything involved with the loan process. With a docu...
James M. |
Verified Customer
Great people, Ben and Todd were great
Dillen R. | Marine Corps
Verified Customer
Jon and his team were so helpful to us from pre-approval through settlement. Everything went smoothly and we know it was because of the expertise of everyone at Veterans United.
*Unless stated otherwise, data for the metro refers to the CBSA ("Core-Based Statistical Area"), the defined geography that makes up the surrounding metropolitan and micropolitan areas.
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