Market Overview
Home Prices in Philadelphia, MO
The median home value in Philadelphia, MO is $294,537 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and up 8.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Philadelphia are priced28% below average. Philadelphia is part of the Hannibal, MO metro area.
Over the past five years, Philadelphia home values have risen by approximately47.9%, reflecting strong long-term appreciation in this market.
Price History
Philadelphia Home Price Trend
City Comparison
Philadelphia vs. National Median
At $294,537, homes in Philadelphia cost 28% below the national median of $410,000. This makes Philadelphia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Philadelphia?
20% Down Payment
$58,907
on $294,537
Monthly P&I
$1,536/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,951/mo
incl. taxes & insurance
Income Needed
$78,040
gross annual (30% rule)
10% Down Option
$29,454
+ PMI applies
Loan Amount (20% dn)
$235,630
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Philadelphia, MO?
The median home value in Philadelphia is $294,537 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Philadelphia?
Over the past year, home values in Philadelphia have increased by 9.1%. Over five years, prices have risen approximately 47.9%.
How much do I need to earn to buy a home in Philadelphia?
To comfortably afford the median home price of $294,537 with a 20% down payment ($58,907) at today's rates (6.8%), you'd need a gross annual income of approximately $78,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Philadelphia compare to the national average home price?
The national median home value is approximately $410,000. At $294,537, homes in Philadelphia are 28% below the national average.
What metro area is Philadelphia part of?
Philadelphia is part of the Hannibal, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.