If you're looking to buy or sell a home in Chestnut Hill, I know this market well and I'm glad to help. Chestnut Hill sits at the top of Northwest Philadelphia, where Germantown Avenue reaches its highest point before crossing into Montgomery County. The architecture is a near-complete catalog of Victorian-era ambition (stone Victorians, Queen Annes, shingle-style houses on generous lots), and the commercial district along Germantown Ave operates more like a small-town main street than a city neighborhood strip.
The Wissahickon Valley runs along its western edge with access via numerous trailheads. Regional rail puts Center City about 25 minutes away. It’s one of those places where people arrive and decide to stay.
Talk to Henry| Median list price (Jun 2026) | $895,000 |
|---|---|
| Active listing range | $240,000–$3,750,000 |
| Sold median (Jun 2026) | $775,000 |
| Homes listed (Jun 2026) | 22 |
| Homes sold (Jun 2026) | 7 |
| Pended (Jun 2026) | 10 |
| Listed volume (Jun 2026) | $23.4M |
| Sold volume (Jun 2026) | $7.2M |
| Listed median (Jun 2026) | $862,500 |
| Average days on market | 17 days |
| Zip code | 19118 |
| Region | Northwest Philadelphia |
Lines are scaled to each metric’s own range to compare trend shape. Hover any month for actual values.
All Data From Bright MLS. Information deemed reliable but not guaranteed.
| Month | Units listed | Listed volume | Listed median | Pended | Units sold | Sold volume | Sold median | Days on market |
|---|---|---|---|---|---|---|---|---|
| Jul '25 | 7 | $6.9M | $925k | 6 | 9 | $9.0M | $950k | 17 days |
| Aug '25 | 7 | $7.7M | $825k | 6 | 8 | $12.6M | $975k | 124 days |
| Sep '25 | 13 | $22.3M | $1.20M | 2 | 8 | $7.5M | $722k | 14 days |
| Oct '25 | 8 | $10.9M | $1.12M | 10 | 5 | $6.5M | $850k | 29 days |
| Nov '25 | 4 | $5.7M | $1.24M | 6 | 14 | $19.1M | $1.18M | 42 days |
| Dec '25 | 8 | $10.7M | $775k | 4 | 11 | $11.9M | $925k | 36 days |
| Jan '26 | 9 | $10.3M | $765k | 4 | 6 | $7.5M | $988k | 5 days |
| Feb '26 | 7 | $6.3M | $835k | 5 | 2 | $4.1M | $2.05M | 14 days |
| Mar '26 | 11 | $15.3M | $925k | 6 | 7 | $10.9M | $1.02M | 36 days |
| Apr '26 | 18 | $27.8M | $1.14M | 7 | 10 | $12.6M | $962k | 32 days |
| May '26 | 23 | $31.2M | $995k | 10 | 6 | $10.9M | $2.06M | 10 days |
| Jun '26 | 22 | $23.4M | $862k | 10 | 7 | $7.2M | $775k | 17 days |
Germantown Avenue through Chestnut Hill is a must-visit commercial corridor. Independent boutiques, restaurants worth the drive from anywhere in the city, a year-round farmers market, and holiday decorations that brings out half the neighborhood.
Chestnut Hill has some of the most architecturally significant residential stock in Philadelphia. Stone singles and twins from the late 1800s through the early 1900s, some designed by architects whose names still carry weight. The lots are generous, the construction is heavy, and the details, slate roofs, original hardware, patterned tile, still show up in houses that have been standing for 120 years.
The neighborhood has direct access to Wissahickon Valley Park trails along its western edge. Community events throughout the year, and two regional rail lines, Chestnut Hill East and Chestnut Hill West, connect to Center City. The Wissahickon trail system runs along the western border of the neighborhood.
Chestnut Hill closed seven sales in June, ranging from about $403,600 to $2,305,000 with a median of $775,000. As is typical for the Hill, low monthly volume and a few high-end closings make the median more a snapshot of what happened to sell than a market baseline. The active market is the better gauge: 35 homes were on the market at the end of June, with a median list price around $895,000.
In June, Chestnut Hill closings averaged 17 days on market. The Hill continues to reward good pricing and presentation: well-prepared homes typically go under agreement within the first week or two, even as a few slower listings lift the average.
Inventory is building. Homes on the market reached 35 at the end of June, up from 29 at the end of May — about 5.8 months of supply, a figure inflated by June’s light seven-sale volume. Buyers have more options heading into summer, though Chestnut Hill’s mix of architecturally significant homes keeps competition real for the best-presented properties.
The T3 Home Demand Index (HDI) measures buyer urgency relative to available supply. Values below 50 signal limited demand; 50–74 moderate; 75–89 slow; 90+ steady. Updated monthly from Bright MLS data.
The Philadelphia metro HDI in June 2026 was 78, in the Slow tier — down sharply from 89 in May 2026 and from 92 a year prior. The eleven-point drop marks a clear reversal of the spring reactivation: buyer urgency that had built through April and May receded faster than seasonal norms would predict. Demand eased across every segment. Condos still run hottest — both entry-level and luxury condos remain above the Steady threshold — but they came well off May’s peaks, while single-family and townhouse demand pulled back broadly.
Source: Bright MLS T3 Home Demand Index · homedemandindex.com · All 30 data points sourced from monthly report pages.
Chestnut Hill closed seven sales in June 2026, ranging from about $403,600 to $2,305,000, with a closed median of $775,000. Because low monthly volume and a few high-end sales can swing that figure, the active listing picture is a better gauge: 35 homes were on the market at the end of June, with a median list price around $895,000.
Chestnut Hill homes continue to move quickly when priced well. In June 2026, closings averaged 17 days on market. Well-priced, well-presented homes on the Hill typically go under agreement within the first week or two, even as the occasional slower listing lifts the average.
Chestnut Hill is served by two SEPTA Regional Rail lines, Chestnut Hill East and Chestnut Hill West, which connect to Center City in approximately 25 minutes. The neighborhood also has direct trail access to Wissahickon Valley Park along its western edge.
Chestnut Hill falls within the 19118 zip code in Northwest Philadelphia. It borders Mt Airy (19119) to the south and Springfield Township, Montgomery County to the north and west, with Germantown Avenue serving as its main commercial corridor.
Chestnut Hill is one of Philadelphia's most sought-after neighborhoods, with significant architecture, a true main-street commercial corridor, and direct access to the Wissahickon. It is also one of the city's higher-priced markets: the June 2026 median list price was around $895,000, with active listings spanning a wide range from the low $200,000s to the mid-$3 millions. Well-priced homes sell quickly, often within a week or two. Whether it fits depends on your budget and what you're after, and I'm glad to talk it through honestly.
The two neighborhoods are next-door neighbors along Germantown Avenue but sit at different price points. Chestnut Hill skews higher, with grander stone singles, generous lots, and a more polished commercial stretch. Mt Airy is generally more accessible on price, with greater housing variety and a more eclectic feel. Buyers often weigh the two, and since I cover both, I can help you compare them directly.
Chestnut Hill has some of the most architecturally significant housing in Philadelphia. Stone Victorians, Queen Annes, shingle-style homes, and large detached singles dominate, many built between the 1880s and the early 1900s and set on generous lots. Slate roofs, original hardware, and patterned tile still show up in homes that have stood for over a century. There are also condos and smaller homes at the lower end of the range, which is where active listings start around $325,000.
My brokerage office sits at 8400 Germantown Avenue, in the heart of Chestnut Hill — I’m on the Avenue nearly every day.
Chestnut Hill is a market I know in detail. If you’re considering buying or selling here, I’d be glad to talk through what you’re looking for.
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