Some City-owned properties are available for purchase. The resources described below can help you find the right property for your needs.
Philadelphia Land Bank
The Philadelphia Land Bank manages more than 5,000 properties for sale around the city. Most properties are vacant land or buildings in need of major repairs. Land Bank properties are sold at fair market value. This value is established through independent appraisal.
Properties proposed for public benefit may be available at discounted prices to nonprofits. To qualify, projects must address community needs, including:
- Affordable housing.
- Quality of life issues.
Residents seeking a side yard may also be eligible for discounted prices. For more details, please see the Land Bank’s Disposition Policies.
To find Land Bank properties, you can:
Philadelphia Industrial Development Corporation (PIDC)
PIDC leases and sells large industrial and commercial sites throughout Philadelphia. The inventory of land includes industrial parks and the 1,200 acre Navy Yard development.
Philadelphia County Sheriff
The Sheriff’s Office hosts monthly sales where court-ordered foreclosed properties are sold. Sheriff Sales are public auctions.