The South Philadelphia housing market is not very competitive. Homes in South Philadelphia receive 2 offers on average and sell in around 80 days. The median sale price of a home in South Philadelphia was $275K last month, down 3.5% since last year. The median sale price per square foot in South Philadelphia is $230, down 0.22% since last year.
What is the housing market like in South Philadelphia today?
In March 2024, South Philadelphia home prices were down 3.5% compared to last year, selling for a median price of $275K. On average, homes in South Philadelphia sell after 80 days on the market compared to 82 days last year. There were 415 homes sold in March this year, up from 392 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$275,000
-3.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Philadelphia, PA
$275,000
-3.5%
United States
To compare other locations to the South Philadelphia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Philadelphia add value to a home.
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How hot is the South Philadelphia housing market?
South Philadelphia is not very competitive. Homes sell in 76 days.
0
100
26
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 76 days.
Hot homes
can sell for around list price and go pending in around 26 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Gamp
Public • 5-12 • Choice school
623
Students
7 reviews
7/10
Fell D Newlin School
Public • K-8
570
Students
12 reviews
7/10
Jenks Abram School
Public • K-5
276
Students
6 reviews
7/10
Meredith William M School
Public • K-8
573
Students
15 reviews
6/10
Kirkbride Eliza B School
Public • PreK-8
583
Students
5 reviews
Only showing 5 of
18 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Philadelphia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Philadelphia.
Risk Factor
Flood Factor - Major
62% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Philadelphia has a major risk of flooding. 24,377 properties in South Philadelphia are likely to be
severely affected
by flooding over the next 30 years. This represents 62% of all properties in South Philadelphia. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Philadelphia has a moderate risk of wildfire. There are 5 properties in South Philadelphia that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in South Philadelphia.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
South Philadelphia has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Philadelphia is most at risk from hurricanes. 58,450 properties in South Philadelphia have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 96 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.
87% of properties are at severe
risk of heat over the next 30 years
Heat Factor
South Philadelphia has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 87% of homes in South Philadelphia have a Severe Heat Factor®.
South Philadelphia is expected to see a 114% increase in the number of days over 103ºF over the next 30 years. South Philadelphia is expected to experience 7