Philly Leader

In May, the median sale price of a home in Philadelphia County fell by $90,250 from the same period in the previous year, while total sales decreased by 99.3%, according to BlockShopper.com.

Data shows that there were 10 homes sold in May, with a median sale price of $126,750 - a 41.6% decrease from the $217,000 median sale price for the same period of the previous year. There were 1,531 homes sold in Philadelphia County in May 2023.

For context, the median sales tax in Philadelphia County, based on the latest available data from 2023, was $1,777, which stands at 1.4% of May's median home sale price.

The following histogram displays changes in median sales prices in Philadelphia County from May 2023 to May 2024.