Philadelphia home prices (US$/m²): returns since 2012
Philadelphia home prices, measured as the typical value per square meter (data: Redfin). This is the value of the property itself — bricks and mortar — not an investor's total return.
It excludes rent received and all costs (closing, property taxes, maintenance, vacancy). Compare it against U.S. inflation (CPI) and the S&P 500 below to see whether Philadelphia real estate kept up.
Philadelphia typically lands in the mid tier among large East Coast metros, more affordable than New York or Boston while still carrying big-city density and amenities. Its economy leans on healthcare, higher education, government and professional services, which gives the housing market a steadier, less speculative character. The metro felt the 2008 housing crash but tends to move with less extreme swings than the priciest coastal cities, and the per-square-meter figure reflects that comparatively moderate footing.
Cumulative return by window (in U.S. dollars)
| Window | Cumulative |
|---|---|
| 1 year | 2% |
| 5 years | 13% |
| 10 years | 63% |
Largest historical drop: -21% · annual volatility: 17% . Typical home price per m² (Redfin). Excludes rent received, closing costs, property taxes, maintenance and vacancy — the value of the property itself, not the investor's total return.
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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.