While the housing market remains competitive in Philadelphia, home sales of new construction homes were less aggressive. In 2022, 679 new construction homes were sold, but that number dropped 12% in 2023. The majority of these sales were townhomes and condos (single family residences represented only 4% of sales). However, the new construction homes tend to sell more quickly, with a median 36 days on the market. Pricing for new construction homes skews toward the higher end, compared to similar homes elsewhere in Pennsylvania ($550,000 median price in 2023). About one-third of the new construction homes sold in Philadelphia came with an HOA, which might cover amenities such as landscaping, maintenance, a reception desk, gym, and pool.
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New Construction Homes for Sale in Philadelphia, PA
341 homes
Coming soon
246 Montrose St, Philadelphia, PA 19147
Exciting new construction homes are coming to Queen Village in late summer/early fall. These homes feature private parking and luxury upgrades, with wide plank white oak floors, solid core interior d...
Price drop
2403 S 11th St, Philadelphia, PA 19148
Price drop
1540 S 17th St, Philadelphia, PA 19146
In a word, Luxury and One of a Kind Corner Single Family is the perfect blend of modern design and comfort. There is not much to say. This over 3800+ Sqft meticulously built giant brand new construct...
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