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  Median Housing Price








Regional Data > Population and Economic Data > Median Housing Price

Median Housing Prices in Greater Philadelpia 

In the Greater Philadelphia region, you'll find affordable housing and a high growth value.


Housing Affordability Index
Values and Median Housing Prices for the 25 Largest MSAs – 2009 Q1

MSA

Housing Opportunity Index

Rank

Median Price (thousands of $)

Rank

New York-Northern New Jersey-Long Island, NY-NJ-PA

33.0

25

383.1

1

Los Angeles-Long Beach-Santa Ana, CA

43.5

24

304.8

3

Chicago-Naperville-Joliet, IL-IN-WI

69.3

17

204.1

11

Dallas-Fort Worth-Arlington, TX

78.0

10

145.4

17

Greater Philadelphia Region:
Philadelphia and Trenton MSAs

67.3

18

225.3

10

Houston-Sugar Land-Baytown, TX

71.9

15

147.0

16

Miami-Fort Lauderdale-Miami Beach, FL

60.4

20

171.9

14

Atlanta-Sandy Springs-Marietta, GA

82.9

6

142.0

19

Washington-Arlington-Alexandria, DC-VA-MD-WV

77.9

11

275.8

5

Boston-Cambridge-Quincy, MA-NH

73.4

13

255.3

7

Detroit-Warren-Livonia, MI

90.5

2

104.0

24

Phoenix-Mesa-Scottsdale, AZ

81.2

8

143.0

18

San Francisco-Oakland-Fremont, CA

56.5

23

362.7

2

Riverside-San Bernardino-Ontario, CA

72.6

14

177.0

13

Seattle-Tacoma-Bellevue, WA

58.7

22

293.1

4

Minneapolis-St. Paul-Bloomington, MN-WI

86.3

4

165.0

15

San Diego-Carlsbad-San Marcos, CA

58.8

21

270.0

6

St. Louis, MO-IL

86.2

5

120.0

21

Tampa-St. Petersburg-Clearwater, FL

77.5

12

129.0

20

Baltimore-Towson, MD

69.9

16

235.0

9

Denver-Aurora, CO

79.0

9

178.0

12

Pittsburgh, PA

82.5

7

108.0

23

Portland-Vancouver-Beaverton, OR-WA

61.3

19

240.0

8

Cincinnati-Middletown, OH-KY-IN

87.6

3

111.0

22

Sacramento-Arden-Arcade-Roseville, CA

76.0

12

193.0

12

 
Note 1: Housing Opportunity Index represents the share of homes for sale that could be purchased by the median income family under customary loan guidelines.
         
Note 2: for the Housing Index Value a higher index value is preferred as it indicates a more affordable housing stock.
         
Note 3: for Median Sales Price a lower price is preferred.
         
Sources: National Association of Home Builders and Wells Fargo Bank, 2009. Housing Affordability Analysis. Council for Community and Economic Research, May 2009. ACCRA Cost of Living Index - Comparative Data for 302 Urban Areas - Data for 1Q 2009.
         
25 largest MSAs based on their July 1, 2008 population estimates. U.S. Census Bureau, Population Division.


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