Pennsylvania Home Market Inventory Continues to Increase

LEMOYNE, Pa., Aug. 21, 2025 /PRNewswire/ -- The number of homes on the market in Pennsylvania reached a three-year high in July, reaching an amount not seen in the past several years.

There were 42,270 homes on the market last month, up 9.5% over the same time last year, according to a report prepared for the Pennsylvania Association of Realtors®. Listings grew 1.5% from June 2025.

"We're continuing to see a strong increase in housing inventory, reaching levels we haven't seen since 2023. Over the past few years, we've faced historically low inventory, which fuels competition and higher prices," said Bill Lublin, PAR president and CEO of Century 21 Advantage Gold in the Philadelphia region. "For the market overall, an increase in inventory points toward a healthier balance, supporting more sustainable pricing."

The median home price rose 6.5% compared to last year, hitting $320,000 in July. That price reflects the first time this year that prices have declined month to month, with a slight decline from $325,000 in June.

Home sales remained about the same year over year and compared to the previous month at 11,450 in July.

"Realtors® are continuing to see strong demand from buyers and multiple offers on competitively priced homes," Lublin said. "Navigating today's market, whether buying or selling a home, requires the skills and knowledge of a trained real estate professional. Realtors® can guide you through the process and advocate on your behalf to ensure you're getting the best deal possible."

The Pennsylvania Association of Realtors® is a trade/professional association that serves more than 38,000 members in the commonwealth of Pennsylvania.

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SOURCE Pennsylvania Association of Realtors(R)