Philadelphia, PA 19131 Real Estate Market Report

ZIP Code: 19131
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The median sold price of $154,000 indicates a stable market, with prices generally up in recent months.

2. Properties are spending a median of 220 days on market, reflecting slower sales velocity and potential buyer hesitance.

3. The median listing price of $170,000 shows a significant gap compared to sold prices, suggesting pricing friction in the market.

4. Rental demand remains strong with a median market rent of $1,789, indicating positive rental market dynamics despite economic pressures.

5. Elevated interest rate pressure is present, which may affect buyer sentiment and overall market activity, leading to a cautious outlook for future transactions.

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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.