From June 2024 to June 2025, the Philadelphia metro area saw its total housing value rise by $41.5 billion, putting it among the top three U.S. metro regions for housing wealth gains. The region’s housing stock was valued around $932 billion in June, with typical home values growing ~3.4%, outpacing national averages. Affordability, strong demand, and increased building activity contributed to the gains, especially compared to many overheated markets in the South and Mountain West that are now cooling off.