Northwest Philadelphia is running a two-speed housing market in the summer of 2026. July closings across the nine communities I cover slowed to 136, per Bright MLS, while the five Philadelphia zip codes put 84 homes under contract, tying the busiest pending month of the past year. Half of the second quarter's 435 closings went under contract within eight days of listing; the rest waited out weeks or months. This page is the standing summary of that market, refreshed with each monthly report.
The latest month: July 2026
A total of 136 homes closed in July across the nine communities, per Bright MLS. One caution applies to everything below: a monthly median moves with the mix of what sold, and in a town with ten closings a single unusual sale can swing it.
| Community | Homes closed | Median sale price |
|---|---|---|
| Roxborough | 49 | $385,000 |
| Mt. Airy | 20 | $399,900 |
| Glenside | 19 | $470,000 |
| Manayunk | 12 | $403,145 |
| Chestnut Hill | 11 | $1,250,000 |
| East Falls | 10 | $588,500 |
| Oreland | 9 | $560,000 |
| Flourtown | 4 | $572,500 |
| Wyndmoor | 2 | $975,000 |
Roxborough did the volume again, with 49 closings, more than double the next busiest community, at a median inside the band it has held all year. Chestnut Hill had a luxury-heavy month: 11 closings at a $1,250,000 median, the most there since December. Mt. Airy closed 20 homes at $399,900 while putting 25 under agreement, its busiest pending month of the past year. Rates moved the other way from the headlines: the 30-year fixed mortgage averaged 6.66 percent at the end of July, per Freddie Mac, up from 6.58 the week before. The full detail, including pace, supply and the pending pipeline, is in the July report.
The year so far
Two numbers frame 2026 to date. The nine communities closed 435 sales in the second quarter, and half of them went under contract within eight days of listing, per Bright MLS. At the same time, the five Philadelphia zip codes ended June with 328 active listings, about 18 percent more than a year earlier. More homes are for sale, and the well-priced ones are selling faster. That split, rather than any single average, is the story of this market, and I wrote about it at length in the post on the market agents keep calling weird.
Bright MLS's Q2 2026 Industry Watch report puts county-level context under those numbers. Montgomery County's median sale price was $495,000 on 1.8 months of supply, with sellers collecting 101 percent of original asking price on average. Philadelphia County's median was $300,000 on 4.3 months of supply, with sellers averaging 96.3 percent of original ask. Within the communities here, Oreland's 19075 collected 105.6 percent of original list in the second quarter, Glenside's 19038 ran 102.7 percent and Chestnut Hill's 19118 came in at 103.5 percent.
The reports behind this page
Each month gets a full report with charts, the pending pipeline and neighborhood-by-neighborhood detail, and each quarter gets a deeper review. All of them live in the Market Update archive. Start with the July 2026 update and the Q2 2026 quarterly report. The dated posts stay put as the permanent record; this page moves with the market.
Numbers at this altitude describe nine markets at once. If you want them run for one street or one price range, reach out. And when the question turns from the market to your own move, my services page covers the buying side and the selling side.
Henry is a Philadelphia-based REALTOR® serving buyers and sellers in Northwest Philadelphia and Montgomery County, PA. Questions? Get in touch.
Based on information from Bright MLS for 4/1/2026 through 7/31/2026; data is reliable but not guaranteed.
Frequently Asked Questions
How is the Northwest Philadelphia housing market right now?
Busy underneath a calm surface. In July 2026, 136 homes closed across the nine communities this page covers, per Bright MLS, and the five Philadelphia zip codes put 84 homes under contract, tying the busiest pending month of the past year. Well-priced homes are selling within days while overpriced listings sit, so the averages describe two markets at once.
What is the median home price in Northwest Philadelphia?
There is no single number; each community has its own market. In July 2026 the monthly medians ran from $385,000 in Roxborough and $399,900 in Mt. Airy to $1,250,000 in Chestnut Hill, per Bright MLS, with the eastern Montgomery County communities between $470,000 and $975,000. Monthly medians in small markets move with the mix of what sold, so read them alongside the full reports.
What areas does this page cover?
Nine communities: Mt. Airy, Chestnut Hill, East Falls, Manayunk and Roxborough in Northwest Philadelphia, and Wyndmoor, Flourtown, Oreland and Glenside in eastern Montgomery County. The same nine appear in every monthly and quarterly report, so the numbers are comparable across the series.
How often is this page updated?
With each monthly Bright MLS pull, shortly after month end. The dated posts in the Market Update archive are the permanent record of each month, and this page always shows the most recent numbers.
