The median property value in Philadelphia, PA was $167,700 in 2018, which is 0.73 times smaller than the national average of $229,700. Between 2017 and 2018 the median property value increased from $166,200 to $167,700, a 0.903% increase. The homeownership rate in Philadelphia, PA is 52.7%, which is lower than the national average of 63.9%. People in Philadelphia, PA have an average commute time of 33 minutes, and they commute by Drove Alone. Car ownership in Philadelphia, PA is lower than the national average, with an average of 1 car per household.