Philadelphia, PA 19103 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's median sold price is $1,008,350, and because transaction prices are the primary signal of market value, this figure (with price trends currently up and the market temperature hot) indicates sellers retain negotiating leverage in recent transactions.
2. The median listing price is $2,875,000, substantially above the median sold price — a gap that may indicate seller expectations exceed recent transaction levels and could create pricing friction between asking and realized values.
3. The median days on market is 344, which points to slower sales velocity despite firm sold prices and a relatively constrained active supply in the analyzed sample; this combination suggests buyers may be selective and transactions can take longer to close.
4. Current financing and rental signals are mixed: the prevailing 30-year fixed mortgage rate is 6.65% (about 0.4% higher than early-2026 norms), interest rate pressure is elevated, and rent trends are down, all of which may temper buyer affordability and reduce investor yield sensitivity.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.