Market Intelligence Report — PA-NJ-DE-MD-980

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-NJ-DE-MD-09
As of the latest 2026 data
Stabilizing

Median Listing

$375K
-2.6% YoY

Pending Ratio

0.55
-10.9% YoY

Active Inventory

13,756
+14.7% YoY

Median DOM

49 Days
+7.8% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Philadelphia-Camden-Wilmington market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

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The market is currently stabilizing, characterized by a pending ratio of 0.55. Despite a substantial year-over-year increase in active listings, prices have shown a modest decline. This indicates a recalibration from previous market conditions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.6%-1.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

6.33M+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

996-19.7% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Philadelphia-Camden-Wilmington market right now.

Active listings have expanded by 14.7% year-over-year, while new listings saw a more moderate rise of 1.8%. The pending ratio registered at 0.55, representing a notable year-over-year decrease of 10.9%, suggesting a slowdown in demand relative to available inventory. Median listing prices have experienced a slight year-over-year contraction of 2.6%, alongside a 1.2% dip in median price per square foot.

Historical Analysis

Market Trends

Median Price

$375K+0.0% MoM

Active Inventory

13,756+14.7% YoY

Days on Market

49+7.8% YoY

Sold Score™

70-10.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

70
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.55, the market exhibits a more balanced negotiating environment. The increased inventory is alleviating pressure on transaction pace, allowing for more considered decision-making. Price discipline is becoming more evident as median days on market increased by 7.8% year-over-year, and price reductions are occurring in 18.5% of listings.

Luxury Segment

The average listing price decreased by 3.3% year-over-year, while the median listing price declined by 2.6%. This slightly larger percentage decline in average price, along with a 1.2% year-over-year decrease in median price per square foot, suggests some softening in the higher-priced segments of the market.

Supply Dynamics

13,756 active listings represent the current floor, with new supply arriving at roughly 6,850 per month.

Pricing Pressure
18.5%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.2% year-over-year.

Absorption
0.55

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD? Homes here are taking 4 days longer to sell than last year.

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
55%
Median Days on Market
49 days
Inventory YoY
+15%

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
CBSA Code
37980
State
PA-NJ-DE-MD

ZIPs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Sorted by active inventory · click a ZIP for its full report