| Competition: | Panhellenic Championship |
| Season: | 1948–49 |
| Winners: | Panathinaikos 2nd Greek title |
| Relegated: | none |
| League Topscorer: | Vasilios Grigoriadis (4 goals) |
| Biggest Home Win: | Olympiacos 4–1 Aris |
| Biggest Away Win: | Aris 0–2 Panathinaikos |
| Highest Scoring: | Aris 4–4 Olympiacos |
| Matches: | 6 |
| Total Goals: | 24 |
| Longest Winless: | Aris (4 matches) |
| Prevseason: | 1947–48 |
| Nextseason: | 1949–50 |
The 1948–49 Panhellenic Championship was the 15th season of the highest football league of Greece. The clubs that participated were the champions from the 3 founding football associations of the HFF: Athens, Piraeus and Macedonia. Panathinaikos won the championship, due to a better goal ratio than Olympiacos. The point system was: Win: 3 points - Draw: 2 points - Loss: 1 point.
| width=190 | Team | width=28 | width=28 | width=28 | width=28 | width=28 | Qualification | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Panathinaikos (Q) | 16 | 40 | 16 | +24 | 41 | Final round | ||||||
| 2 | Panionios | 16 | 33 | 18 | +15 | 39 | |||||||
| 3 | Fostiras | 16 | 37 | 27 | +10 | 36 | |||||||
| 4 | Apollon Athens | 16 | 25 | 16 | +9 | 36 | |||||||
| 5 | AEK Athens | 16 | 28 | 16 | +12 | 35 | |||||||
| 6 | Asteras Athens | 16 | 16 | 28 | -12 | 30 | |||||||
| 7 | Esperos Kallitheas | 16 | 13 | 27 | -14 | 27 | |||||||
| 8 | Daphni Athens | 16 | 19 | 27 | -12 | 26 | |||||||
| 9 | Athinaikos | 16 | 6 | 41 | -35 | 16 | |||||||
| width=190 | Team | width=28 | width=28 | width=28 | width=28 | width=28 | Qualification | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Olympiacos (Q) | 14 | 49 | 13 | +36 | 41 | Final round | ||||||
| 2 | Ethnikos Piraeus | 14 | 33 | 20 | +13 | 34 | |||||||
| 3 | Panelefsiniakos | 14 | 31 | 20 | +11 | 32 | |||||||
| 4 | Atromitos Piraeus | 14 | 28 | 27 | +1 | 27 | |||||||
| 5 | Argonaftis Piraeus | 14 | 19 | 20 | -1 | 26 | |||||||
| 6 | Proodeftiki | 14 | 24 | 24 | 0 | 22 | |||||||
| 7 | AE Nikaia | 14 | 19 | 36 | -17 | 22 | |||||||
| 8 | Aris Piraeus | 14 | 18 | 61 | -43 | 17 |
| width=190 | Team | width=28 | width=28 | width=28 | width=28 | width=28 | Qualification | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Aris (Q) | 10 | 31 | 11 | +20 | 25 | Final round | ||||||
| 2 | PAOK | 10 | 21 | 9 | +12 | 25 | |||||||
| 3 | Iraklis | 10 | 16 | 14 | +2 | 21 | |||||||
| 4 | Makedonikos | 10 | 3 | 15 | -12 | 20 | |||||||
| 5 | Apollon Kalamarias | 10 | 14 | 25 | -11 | 16 | |||||||
| 6 | Megas Alexandros | 10 | 8 | 29 | -21 | 13 |
a. Aris qualifies due to a better goal difference.
| Rank | Player | Club | Goals |
|---|---|---|---|
| 1 | Vasilios Grigoriadis | Aris | 4 |
| 2 | Stelios Christopoulos | Olympiacos | 3 |
| 3 | Giannis Petsanas | Panathinaikos | 2 |
| Alekos Chatzistavridis | Olympiacos | ||
| Mimis Apostolopoulos | Olympiacos |