Philadelphia home values (September 2026)
The typical home in the Philadelphia, PA metro is worth $386,048, +2.5% over the last 12 months. Updated monthly from Zillow Research data.
- Typical value
- $386,048
- 1-year change
- +2.5%
- 5-year change
- +28%
- 10-year change
- +76.2%
Where Philadelphia stands
- #42 most expensive of the 100 largest U.S. metros; #33 by 1-year price growth.
- At or near its all-time high ($386,048).
Home equity in Philadelphia
At an 85% combined loan-to-value cap, a typical $386,048 home supports up to $328,141 of total borrowing. With a typical mortgage still owed, about $111,954 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.
Compare nearby metros
- Pittsburgh, PA — $228,201 (+0.2% 1-yr)
- Allentown, PA — $363,366 (+3.2% 1-yr)
- Harrisburg, PA — $306,578 (+2.6% 1-yr)
- Scranton, PA — $233,948 (+2.3% 1-yr)
- Richmond, VA — $392,106 (+2.6% 1-yr)
- Minneapolis, MN — $387,807 (+1.7% 1-yr)
Frequently asked questions
What is the typical home value in Philadelphia?
The typical home in the Philadelphia, PA metro area is worth about $386,048 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #42 of the 100 largest U.S. metros.
Are home prices in Philadelphia going up or down?
Over the past 12 months the typical value changed +2.5% (#33 of 100 large metros by 1-year growth). Over 5 years it changed +28%, and over 10 years +76.2%. Values are at or near their all-time high.
How much home equity could a Philadelphia homeowner borrow against?
Lenders typically cap combined loan-to-value at about 85%. On a typical $386,048 home that's $328,141 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $111,954 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.
Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.