Leave a Message

Thank you for your message. We will be in touch with you shortly.

Philadelphia Housing Market Price Growth in January 2026

Michael Prince  |  February 17, 2026

Philadelphia Real Estate

Philadelphia Housing Market Leads Nation with 8.6% Price Growth in January 2026
Greater Philadelphia recorded the largest home price increase in the country to start 2026, according to reporting from the Philadelphia Business Journal citing data from Homes.com.
The region’s median home price rose 8.6% year over year in January to $380,000, compared to $350,000 in January 2025. Nationally, median prices increased 2.8% during the same period, with the U.S. median reaching $374,900.
Among the 40 major metro areas surveyed:
  • 20 saw price increases
  • 19 experienced price declines
  • Pittsburgh remained flat
Other East Coast metros posted smaller gains:
  • Baltimore: +5.6%
  • Washington, D.C.: +4.8%
  • Boston: +3.7%
Despite rising prices, home sales declined. Data from Bright MLS shows:
  • Sales fell 8.6% year over year in January (3,621 sales vs. 3,963 in January 2025)
  • Month-over-month sales dropped 33.8% from December
  • Active listings increased 8.4% year over year, with just over 10,000 listings at the end of January
Bright MLS indicated that while inventory levels are improving, limited supply continues to support price growth. The organization expects steadier activity during the spring market, though price growth may moderate.
Several counties saw double-digit price increases:
  • Camden County: +12.1% (median $358,875)
  • Gloucester County: +10.4% (median $370,000)
  • Delaware County: +12.9% (median $361,250)
The report follows a previous projection that Greater Philadelphia would be among the 10 hottest housing markets in 2026.
 

Recent Blog Posts

Stay up to date on the latest real estate trends.

Philadelphia Events

Things to Do in Philadelphia This March 2026: Festivals, Wine Events, and Local Experiences

March 6, 2026

March in Philadelphia is packed with exciting events including wine festivals, cultural celebrations, the famous Philadelphia Flower Show, and the St. Patrick’s Day Pa… Read more
Condo Or Rowhome In Fairmount? How To Choose Your Best Fit

March 5, 2026

Philadelphia Events

Your March 2026 Guide to Philly Events, Eats, and Real Estate Insights

Michael Prince  |  February 27, 2026

Explore the best March 2026 happenings across Philadelphia, from live concerts and foodie spots to farmers markets and exclusive events for real estate professionals.

Philadelphia Events

Top February 2026 Events and Dining in Philadelphia: Fishtown, Chestnut Hill, Center City, and Real Estate Insights

Michael Prince  |  February 20, 2026

Discover the best events, author talks, workshops, and restaurants in Philadelphia this February 2026. From Fishtown workshops to Center City festivals and Chestnut Hi… Read more
Exploring Passyunk Square: Food, Festivals, And Rowhome Living

February 19, 2026

Philadelphia Real Estate

Philadelphia Housing Market Leads Nation with 8.6% Price Growth in January 2026

Michael Prince  |  February 17, 2026

Greater Philadelphia home prices rose 8.6% year over year in January 2026, the highest increase among 40 major U.S. metros, according to a new report.

Philadelphia Events & Lifestyle

Philadelphia Events, Dining & Real Estate Market Update

Michael Prince  |  February 13, 2026

Experience Philadelphia’s premier events, dining destinations, and real estate market insights this February, curated for residents, investors, and professionals seeki… Read more

Real Estate Market Updates

January 2026 Housing Market Snapshot: Philadelphia, Montgomery, Lehigh Valley & Bucks Counties

Michael Prince  |  February 10, 2026

Kick off 2026 with a closer look at the Greater Philadelphia housing market. Discover how Philadelphia, Montgomery County, Lehigh Valley, and Bucks County performed in… Read more

Events

February 2026 Events to Enjoy in Greater Philadelphia

Michael Prince  |  February 6, 2026

February in Greater Philadelphia is full of exciting events for every interest. From culinary festivals to interactive exhibitions, art gallery openings, and home show… Read more
View All

Work With Us

Michael's experience, knowledge, and outstanding communication skills enable him to advocate for clients and expertly negotiate on their behalf. Whether you are looking to buy your dream home or sell your property at the best possible price, Michael is committed to delivering exceptional results. His friendly and personable demeanor makes him both well-respected by his peers and a trustworthy and reliable agent for his clients.

Contact Us
Get in Touch
Contact Details

Michael Prince

M: (267) 788-1650

O: (610) 635-9977

[email protected]

 
Address
130 N 2nd Street
Philadelphia, PA 19106

 

Philadelphia Real Estate