February 23, 2026
Philadelphia has experienced two tough years for real estate; however, it’s finally starting to look up for local homeowners.
In 2024 and 2025, sales were stagnant, and the transaction volume has fallen to levels so low that haven’t been seen in almost 30 years. But now, that’s all starting to change. The greater Philadelphia area is projected to see a much needed 11% year-over-year increase in sales in 2026. Specialists are expecting to see total transaction volume to increase too, to almost 72,000 homes, almost 10,000 more than in previous years.
A Strong Rebound After a Dreadfully Slow Period
The Greater Philadelphia area is ranked 6th among the top 10 hottest housing markets by Zillow for 2026. This is the second year in a row it’s made the list.
It’s because Philadelphia is affordable. The typical home value in the area is around $378,054. That may seem high, but when you compare it to other major metro areas in the country, it’s one of the most affordable. Add in the fact that home values have increased 3% year over year, and homebuyers can feel confident knowing their home’s going to appreciate while they own it.
Why Sales Volume Matters
The increase in transactions isn’t only good for buyers and sellers. It helps to fuel the local economy as well.
It’s simple, really. When more homes sell, more people are moving into the area. This leads to hiring local movers, spending on renovations, buying furniture, hiring landscapers, and spending money at local businesses.
By increasing the number of homes sold, you’re creating a ripple effect throughout the area. If you’re a homeowner who wanted to list in the past couple of years but haven’t, let 2026 be your year.
What This Means for Philadelphia Sellers
This projected increase is amazing news for the locals. By increasing sales and bringing in new neighbors, you can expect to see a boom in the local economy.
However, just because there’s an expected increase doesn’t mean it’s going to be a walk in the park for sellers, and it doesn’t mean there won’t be competition from other sellers. You still need to have a strong selling strategy to get what you deserve from your home sale.
If you have a flexible timeline and an updated home that’s ready to sell, you can get top dollar by going the traditional route and listing your home.
However, if you’re a seller who has to get out of your home fast for whatever reason, it might be more important for you to sell fast with a guaranteed offer rather than trying to time the market.
That’s where House Buyers of America steps in. We buy houses As-Is, pay cash, and won’t ever charge you any kind of fees. Stop worrying about timing the ever-changing market, fixing up your house, and staging your home for showings.
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Frequently Asked Questions (FAQs) About Selling Your Home Fast
During a transfer, a new deed is drafted and signed by the seller, transferring ownership of the house to the new buyer. This document is then recorded in the land records with the above-mentioned deed of trust.
We work with your bankruptcy attorney to present a FAIR offer and give you additional money at closing. We present the offer directly to your attorney and work to have the offer accepted by the bankruptcy court. Once the offer is accepted, we ensure that the bankruptcy is released and we buy the property as soon as possible.
Yes, we can work with any seller who needs to move a property quickly for any reason and in any price range. We have purchased million-dollar houses before.
Yes, we buy apartments, multi-family houses/buildings and land.
No! You have no obligation at all if you submit an information form, show your property to House Buyers or receive an offer to buy your house. You are under no obligation at all. All we ask for is the opportunity to make an offer for your house, you’re in the driver’s seat as to whether you accept the offer or not. You are in complete control. You are only obligated to our service if you have entered into a purchase agreement with us, as with any other real estate transaction.
We need very basic information from you about your house. The number of bedrooms, bathrooms and overall condition of the property is needed. We will also ask you how long you have owned your home and if there are any mortgages or liens against the property.
We offer the maximum amount possible, our offers are very competitive. If our offers weren’t competitive, we wouldn’t have purchased thousands of houses! There is no magic percentage we use, every house is unique. Our Real Estate Consultants take into consideration the age, condition, size, features and location of the home much like an appraiser would. We factor in the costs to repair the house, what other homes in the area are selling for and how long it is taking to sell those homes. These and several other factors are researched to determine a fair offer.
As soon as we receive your Online Form, we will review your information and get back to you ASAP (usually within 30-60 minutes depending on when you submit the information).
We work FAST to help ensure that your house doesn’t go to foreclosure. We present you with a FAIR offer to pay off your mortgage before the foreclosure. We help save your credit, avoid foreclosure and allow you to sell your house FAST and FAIR. Due to recent legislation, if you reside in the state of Maryland and are within a certain period of time before your foreclosure sale date, we will introduce you to a Foreclosure Consultant. The legislation mandates that if you are within this certain window that a foreclosure consultant must explain to you all of your options involved in selling your home.
No problem! We can still buy your house as is, even if it has demolition orders scheduled.
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