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Regional Data > Real Estate > Residential Real Estate

Residential Real Estate

One of the Lowest Median Home Prices of Top U.S. Metros

Greater Philadelphia has one of the lowest median home prices of the top U.S. metro areas. Our region's housing market has not been hit as hard as the U.S., and has fared better than many other Metropolitan Statistical Areas (MSA) where price declines are occurring.


  • Philadelphia ranks 5th in terms of affordability among top MSAs with 37% of homes being affordable to the median income family. 
  • Greater Philadelphia offers a diverse range of neighborhoods and residents can choose from urban, suburban or rural living.
  • Check out HomExpertReport.com where you will find local real estate data, industry trends and local commentary. 

Source: National Association of Realtors, July 2011.



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