The typical home value in
North Central
is projected to be
$240,000
for the month of
August.
July’s
finalized data reported the typical value of a home in the
neighborhood
to be
$235,000—up
28.77%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$282,330
in
Philadelphia
for the most recent reporting period.
That number is expected to float around
$278,490
in
August.
North Central
had
55
new listings and
30
listings that went under contract in
July,
increasing
the area’s total available inventory to
74—up
4.23%
from the previous month. Inventory is projected to have further
increased
in
August.
The median listing price for homes in
North Central
fell
0.84%
from
June
to
July,
bringing the current median listing price to
$295,000.
Based on projected data for
August,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
July 2025,
the median time for a listed property to go pending was
82.5
days, compared to
83
days in
July 2024.
However, in recent months the median number of days from listed to pending appears to be
falling.
That trend is predicted to have carried through to this
August.