Real Estate details: Phoenix AZ vs Philadelphia PA

RE Insights

Metric Phoenix Philadelphia
Population 1,644,409 1,567,258
Median Home Price $358,200 $285,000
Rent 44% 48%
Own 56% 52%

Real Estate Insights Comparison: Phoenix vs Philadelphia

  • Phoenix has a larger population of 1,644,409 compared to 1,567,258 in Philadelphia.
  • A higher median home price of $358,200 is found in Phoenix compared to $285,000 in Philadelphia.
  • The rent percentage in Philadelphia is higher at 48% compared to 44% in Phoenix.
  • A greater percentage of homeowners in Phoenix at 56% compared to 52% in Philadelphia.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.