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Market Snapshot

Median listing price
$180K

The median listing price in Philadelphia, PA ZIP 19131 is $179,900 as of June 2026.

Median rent
$1,489/mo

The median market rent in Philadelphia, PA ZIP 19131 is $1,489/month as of June 2026.

Days on market
257 days

The median days on market in Philadelphia, PA ZIP 19131 is 257 days as of June 2026. The market is currently hot.

Gross rental yield
9.93%

At a median list price of $179,900 and a median rent of $1,489/month, the gross rental yield in Philadelphia, PA ZIP 19131 is 9.93% as of June 2026.

STR vs LTR
$1,065/mo STR · $1,489/mo LTR

In Philadelphia, PA ZIP 19131, median Airbnb revenue is $1,065/month compared to median long-term rent of $1,489/month as of June 2026.

Philadelphia, PA 19131 Real Estate Market Report

ZIP Code: 19131

Report Date: June 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
113
Active Listings
55
Sold Properties
58

Market Metrics

Median Listing Price
$179,900
Median Sold Price
$149,950
Median Price per Sqft
$133/sqft

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

Median Market Rent
$1,489

Property Taxes

Property Tax Rate
0.87%

Liquidity & Velocity

Median Days on Market
257
Sale-to-List Ratio
100.0%

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

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 19131 area are averaging approximately 6.6%, reflecting a market where rates have fluctuated between 6.3% and 7.0% throughout early 2026.

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


Key Findings

  1. The primary market indicator, median sold price: 149,950, signals realized values for recent transactions and suggests the neighborhood is capturing steady realized pricing despite asking price dispersion; representative recent sale language indicates completed transactions are the reliable basis for valuation.
  2. Comparing asking and transaction signals, the median listing price: 179,900 sits noticeably above the median sold price, which may indicate pricing friction or sellers’ expectations outpacing recent sale outcomes and suggests careful pricing strategy is needed to achieve timely closings.
  3. Liquidity appears muted on velocity metrics: the median days on market: 257 points to slower sales velocity relative to typical fast-moving markets and may indicate that properties require extended marketing or price adjustments to transact efficiently; moderate interest rate pressure and a hot market temperature temper this signal.
  4. Market context is supportive but mixed: the market temperature: hot and price year-over-year trend: up support price resilience while rent year-over-year trend: down and interest rate pressure: moderate suggest cooling rental dynamics and financing headwinds—investors and owners should stress-test cash flow and pricing assumptions given current 30-year rate commentary near 6.6% (range ~6.3%–7.0%).

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.

Recent Transactions

2291 Bryn Mawr Ave, Philadelphia, PA 19131
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds3 baths4,598 sqft
$955,000
Apr 1, 2026
$208/sqft/sqft
2258 N 53rd St, Philadelphia, PA 19131
Premium

Sold above market average

4 beds4 baths3,744 sqft
$765,000
Apr 1, 2026
$204/sqft/sqft
871 days on market
2211 N 51st St, Philadelphia, PA 19131
Premium

Sold above market average

5 beds4 baths2,000 sqft
$560,000
Apr 1, 2026
$280/sqft/sqft
145 days on market
5918 Malvern Ave, Philadelphia, PA 19131
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,440 sqft
$160,000
May 1, 2026
$111/sqft/sqft
5306 Master St, Philadelphia, PA 19131
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds1 baths1,628 sqft
$160,000
Apr 1, 2026
$98/sqft/sqft
5433 W Montgomery Ave, Philadelphia, PA 19131
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,276 sqft
$160,000
Apr 1, 2026
$125/sqft/sqft
5723 Wyalusing Ave, Philadelphia, PA 19131
Value

Sold below market average

3 beds1 baths1,494 sqft
$50,000
Apr 1, 2026
$33/sqft/sqft
310 days on market
957 N Saint Bernard St, Philadelphia, PA 19131
Value

Sold below market average

3 beds1 baths1,110 sqft
$50,000
Apr 1, 2026
$45/sqft/sqft
1279 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$576/mo
19131 Avg Rent
19131 Cost to Own
Rent$1,489
Own$913

20% down, 6.53% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19131 Avg nightly rate
19131 Avg occupancy (days/year)
Nightly rate$149/night
Occupancy99 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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