The median home value in Philadelphia, PA is $285,000.
This is
higher than
the county median home value of $232,250.
The national median home value is $308,980.
The average price of homes sold in Philadelphia, PA is $285,000.
Approximately 48% of Philadelphia homes are owned,
compared to 41% rented, while
10% are vacant.
Philadelphia real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Philadelphia real estate agent to arrange a tour
today!
Learn more about Philadelphia Real Estate.
Prime CMX-2 development opportunity located on the rapidly growing Point Breeze Avenue corridor. This approximately 2,100 SF lot offers excellent potential for a mixed-use project with commercial space at the ground level and residential units above. Surrounded by new construction, established businesses, and strong residential demand, the location supports a wide range of development possibilities. The property's unique footprint presents an opportunity for a creative, architecturally distinct project that can stand out in a competitive market. In addition to the land offering, this property is also being repositioned as a potential to-be-built, turnkey development opportunity, with builder collaboration available for buyers seeking a more streamlined approach. Conveniently located near Center City, major highways, public transportation, and neighborhood amenities. Drive by and explore the potential. ............................................................................................................................................................................................................................. ADDITIONAL BUSINESS RECOMMENDATIONS AND DEMOGRAPHICS: Positioned along the evolving Point Breeze Avenue corridor, this CMX-2 zoned parcel offers a rare opportunity within one of Point Breeze's fastest-growing residential areas. The immediate neighborhood has experienced significant infill development and demographic transformation, with a population of 12,000+, a median household income approaching $85K-$90K, and a strong concentration of residents aged 25-44. This demographic profile supports consistent demand for walkable, lifestyle-oriented retail and services. Despite this growth, Point Breeze Avenue remains underdeveloped commercially. Existing businesses are primarily bars and small eateries, while essential, daily-use retail is limited. This creates a clear supply-demand gap for uses such as boutique grocery, fresh food markets, caf /daytime concepts, fitness/wellness studios, and service retail including salons, pet care, and specialty services. The property's CMX-2 zoning allows for mixed-use development - ground-floor commercial with residential units above - aligning with proven neighborhood development patterns and maximizing long-term value. For investors and developers, this represents an opportunity to enter a corridor prior to full retail stabilization. For operators, it provides the ability to establish an early presence in a dense, growing neighborhood actively transitioning toward a more complete retail environment.
Attention builders and savvy investors! This ideally located lot at 1420 S 24th St presents a golden opportunity to build in one of South Philadelphia's most sought-after pockets. Nestled in a block seeing significant new construction, this property offers incredible "buy and hold" or "build and sell" potential. With RSA-5 zoning and a strategic location just minutes from University City, CHOP, and the Schuylkill River Park, the upside here is undeniable. Don't miss your chance to get into this high-growth area before prices climb further. Buyer is responsible for all due diligence regarding zoning and permits.
2408-2446 Ellsworth St offers a rare opportunity to secure approximately 51,700 sqf two-story warehouse in excellent condition, located in Grays Ferry neighborhood and a block from Washington Ave. 3 Loading docks and 2 Drive- in doors. The scale, layout, and zoning allow for a wide range of potential uses, making it ideal for those seeking a development opportunity, storage, or a space to support a large-scale operation. This property provides the flexibility and presence to accommodate a variety of visions in a prime Philadelphia location. This is A full block warehouse.
Shovel ready, vacant land prime for a development - make an offer! L&I approved plans and geo soil report approved by city removing cost & time. Side alley for additional natural light and city skyline views on one of the most developed streets in Point Breeze. Note: Listing agent related to seller.
1512 Christian Street - Development Opportunity in Graduate Hospital Positioned on a quiet, tree-lined block in one of Philadelphia's most desirable residential enclaves, 1512 Christian Street presents a rare opportunity to build in the heart of the Graduate Hospital neighborhood. Zoned RM-1, the site allows for multifamily development of up to four residential units, offering exceptional flexibility for developers, investors, or visionary builders seeking to create modern urban living in a highly coveted location. Surrounded by beautifully renovated townhomes, boutique new construction, and a thriving community atmosphere, this vacant parcel sits at the intersection of historic character and contemporary growth. The zoning supports the development of four thoughtfully designed residences, making it ideal for luxury condominiums, high-end rental units, or a boutique multifamily investment designed to meet the ongoing demand for housing in this dynamic section of Center City. Graduate Hospital has become synonymous with architectural sophistication and walkable city living. Residents enjoy effortless access to neighborhood caf s, restaurants, artisan shops, and fitness studios along South Street, Washington Avenue, and the vibrant Broad Street corridor. The property also offers convenient proximity to Rittenhouse Square, Center City business districts, University City, and major commuter routes including I-76 and public transit lines. For developers and investors, the value proposition is compelling: strong neighborhood appreciation, a consistent buyer and renter pool, and the ability to design residences that reflect the elevated aesthetic this neighborhood has become known for. Whether envisioning sleek contemporary condos with roof decks overlooking the city skyline, spacious bi-level residences, or a refined multifamily income property, 1512 Christian Street provides the canvas for a signature project in one of Philadelphia's most sought-after communities. Opportunities to build in Graduate Hospital are increasingly scarce. 1512 Christian Street offers the chance to create something exceptional - a modern residential development tailored to today's urban lifestyle while benefiting from the enduring prestige and demand of this premier neighborhood.
Take a look at this vacant lot in the heart of Philadelphia, Zoned RSA5. ckose to the Universities, just a few minutes to from Grays Ferry , Only 10 minutes to center City, Point Breeze and all major highways. 15 x 60.66 910 Square Feet, Drive By....Can be part of. package of vacant lots within a few blocks. new construcion homes on the block including right next door. Buyer must do their own due diligence. Property being sold as is
3 UNIT DEVELOPMENT OPPORTUNITY. Zoning and building permits (now expired) obtained previously for a 7 bed triplex: 3 bed on lower, 2 bed on 2nd, and 2 bed on rd floor. This multi-family rental was thoughtfully designed by leading Philadelphia architecture firm HDO with the intention of maximizing rental price and building value. Full plans and additional info available on request. Floor plans and elevations available in documents section. Expired Permit #ZP-2021-002895. CMX1 by right.
Zoning Permit Issued 12/06/2021 (NOW EXPIRED): #ZP-2021-007702. Type of work: New construction, addition, GFA change FOR A NEW CONSTRUCTION OF AN ATTACHED BUILDING WITH A ROOF DECK AND A ROOF ACCESS STRUCTURE (SIZE AND LOCATION AS SHOWN ON PLANS/APPLICATION). Plans can be provided upon request. Previously zoned for new construction duplex.
2 fully approved adjacent lots with PARKING! Highly desirable 18' wide corner and 16' interior parcel at 1938 Wharton. Both approved with parking directly behind. BUILDING PERMITS ISSUED. Architectural, structural and civil plans also included. aka these are ready to go.
Vacant lot (15ft x 48ft - zoning RM1) Located in the Forgotten Bottom area of Philadelphia. NO PLANS OR APPROVED PERMIT. Surrounded by quite a few new construction projects, situated right across the street from the Pennovation Center. Easy access to major road and highways, and a 5 minute or less travel time to Center city either by bike or public transportation. Lots of potentially.
CALLING BUILDERS! HERE IS THE FULLY SHOVEL READY SINGLE FAMILY READY TO GO PROJECT FOR YOU TO BUILD IN ONE OF THE HOTTEST SECTION OF PHILADELPHIA. THIS PROJECT WILL COME WITH FULLY APPROVED PLANS AND PERMITS. NO LONGER WAIT TO BUILD. THE LOCATION IS SURROUNDED WITH NEW CONSTRUCTION AND THE ARV WOULD BE AROUND 435K-450K PLEASE DRIVE BY AND MAKE AN OFFER
CALLING BUILDERS! HERE IS THE FULLY SHOVEL READY SINGLE FAMILY READY TO GO PROJECT FOR YOU TO BUILD IN ONE OF THE HOTTEST SECTION OF PHILADELPHIA. THIS PROJECT WILL COME WITH FULLY APPROVED PLANS AND PERMITS. NO LONGER WAIT TO BUILD. THE LOCATION IS SURROUNDED WITH NEW CONSTRUCTION AND THE ARV WOULD BE AROUND 435K-450K PLEASE DRIVE BY AND MAKE AN OFFER
Shovel ready development site for a great single family home. The site has already been cleared, and the plans drawn up - ready to go for a homeowner looking for a brand new residence or a developer looking for a ready to go project, with plans offered with the sale of the land. Located in the point breeze neighborhood of Philadelphia, with close proximity to a number of shopping districts and easy access to all major travel corridors, and adjacent to the Penn hospital complex.
2707 Federal Street is located in a qualifying Opportunity Zone. Attention builders, developers, and investors - here's your chance to secure a prime development opportunity in the heart of Grays Ferry, one of Philadelphia's most rapidly transforming neighborhoods. Construction is booming all around, with new residential and mixed-use projects reshaping the area and driving demand higher every day. This offering provides approvals and potential to build 9 modern residential units, perfectly positioned to capture the wave of growth. The site sits in a high-demand corridor with projects underway on nearly every block, offering unmatched opportunity for those ready to take advantage. With easy access to University City, Center City, Penn, Drexel, and CHOP, the location is ideal for buyers and renters alike. The area's strong rental and resale demand makes this a smart investment, whether you're looking to hold or exit. With new projects breaking ground across the neighborhood, this is a rare opportunity to get in on the action. Don't miss your chance to develop in one of Philadelphia's hottest growth markets!
***This listing is for 3 parcels*** 3641 & 3643 Earp St + 1319 Schuylkill Ave - 3 Parcels, Rare River Views Welcome to the cutest Philly neighborhood you've never heard of - but you will. This listing includes three adjacent parcels in the ultra-rare Forgotten Bottom area, now connected to Center City by the Schuylkill River Trail; turning this once-hidden pocket into a sought-after hub. Nearly 4,000 sq ft combined, one of the only places in the city you can build new construction with actual river views. Peaceful, tucked-away feel, but still minutes from CHOP, University City, Center City, and the growing Bartram's Garden stretch (where the trail will soon expand even more). Bike to work, kayak on the river, walk straight into the city. New construction is already popping up all around - and with limited land in this area, property values have been climbing steadily and show no signs of slowing down. Come see why people are starting to flock here.
South Philly Investor Special - 3 Connected Properties w/ Skyline Views! Addresses: 1346 & 1348 S. 29th St and 1347 S. Hollywood St. - Philadelphia, PA 19146 Unlock serious potential in the rapidly rising Grays Ferry section of South Philadelphia. This unique investment package features two side-by-side rowhomes and a third structure with an existing garage - ideal for conversion into a modern home with parking or income unit. All three properties are fully gutted and ready for development. The rear yards and parcels that connect, this is a rare opportunity to create a cohesive, high-value residential compound. Property Highlights: 1346 & 1348 S. 29th St. - Adjoining shells with fenced rear yards 1347 S. Hollywood St. - Existing garage with residential conversion potential Properties back into each other - offering flexible layout and development options Fully gutted - Clean slate for custom build or rehab Rooftop deck potential - Stunning views of the Philadelphia skyline Great candidate for modern townhomes, luxury rentals, or owner-occupied with garage This location is near University City, Center City, and the Schuylkill River Trail, Quick access to I-76, Grays Ferry Bridge, and public transit. Minutes to parks, schools, restaurants, and major employers, in the heart of South Philly's next wave of development! Investment Info: Parcels being sold as is! Bundle deal preferred! Surrounded by new construction and rehabs!
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