Cost per sq for SFH & MFH - 2025 estimates?

[Maya Cohen]

I've been searching for up-to-date estimates of the cost per sq ft for new construction of SFH & MFH in Philadelphia in 2025.

For a land cost of $150k, how would you think about how much the completed home would need to sell for to make that land cost worth it?

Would love to hear from folks with knowledge of the current market! The construction project in question would be in West Philly, if that's helpful. Thanks in advance for your insight!