GemHausNew report

Market Snapshot

Median listing price
$125K

The median listing price in Philadelphia, PA ZIP 19132 is $125,425 as of June 2026.

Median rent
$1,400/mo

The median market rent in Philadelphia, PA ZIP 19132 is $1,400/month as of June 2026.

Days on market
274 days

The median days on market in Philadelphia, PA ZIP 19132 is 274 days as of June 2026. The market is currently neutral.

Gross rental yield
13.39%

At a median list price of $125,425 and a median rent of $1,400/month, the gross rental yield in Philadelphia, PA ZIP 19132 is 13.39% as of June 2026.

STR vs LTR
$1,067/mo STR · $1,400/mo LTR

In Philadelphia, PA ZIP 19132, median Airbnb revenue is $1,067/month compared to median long-term rent of $1,400/month as of June 2026.

Philadelphia, PA 19132 Real Estate Market Report

ZIP Code: 19132

Report Date: June 2026

Market Temperature:
NEUTRAL

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
150
Active Listings
100
Sold Properties
50

Market Metrics

Median Listing Price
$125,425
Median Sold Price
$95,500
Median Price per Sqft
$95/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
$1,400

Property Taxes

Property Tax Rate
1.18%

Liquidity & Velocity

Median Days on Market
274
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 Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Philadelphia 19132 area average approximately 6.67%, which is 0.42% higher than the 6.25% rates observed at the start of 2026.

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


Key Findings

  1. median sold price: $95,500 is the primary indicator of current market value in 19132 and, combined with a median days on market: 274, suggests slower sales velocity and pricing friction that may require seller concessions or more realistic price expectations.
  2. median sold price: $95,500 versus median listing price: $125,425 reveals a meaningful gap between realized transaction values and seller asking prices, which may indicate persistent seller optimism or pricing mismatch relative to buyer willingness to pay.
  3. median sold price: $95,500 alongside the reported neutral market temperature suggests a market that is currently balanced but showing early softening signals; coupled with the down price year-over-year trend, sellers should anticipate longer time to close at list price.
  4. median sold price: $95,500 must be viewed with interest rate context: interest rate pressure is reported as elevated and local 30-year fixed mortgage rates average approximately 6.67%, which is 0.42% higher than rates at the start of 2026, a dynamic that may depress buyer affordability and further slow transaction velocity.

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

2411 N Stanley St, Philadelphia, PA 19132
Top Sale

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

3 beds1 baths1,216 sqft
$981,400
Apr 1, 2026
$807/sqft/sqft
546 days on market
2538 N 16th St, Philadelphia, PA 19132
Premium

Sold above market average

3 beds2 baths1,590 sqft
$266,000
Apr 1, 2026
$167/sqft/sqft
341 days on market
2545 N Bancroft St, Philadelphia, PA 19132
Premium

Sold above market average

3 beds1 baths1,006 sqft
$260,000
Apr 1, 2026
$258/sqft/sqft
2514 N 32nd St, Philadelphia, PA 19132
Market Benchmark

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

5 beds2 baths1,599 sqft
$95,000
Apr 1, 2026
$59/sqft/sqft
188 days on market
2624 N Bouvier St, Philadelphia, PA 19132
Market Benchmark

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

3 beds1 baths1,052 sqft
$90,000
Mar 1, 2026
$86/sqft/sqft
3131 N Bambrey St, Philadelphia, PA 19132
Market Benchmark

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

3 beds1 baths868 sqft
$85,999
Apr 1, 2026
$99/sqft/sqft
199 days on market
2307 N Smedley St, Philadelphia, PA 19132
Value

Sold below market average

3 beds1 baths609 sqft
$50,000
Mar 1, 2026
$82/sqft/sqft
492 days on market
2438 W Allegheny Ave, Philadelphia, PA 19132
Value

Sold below market average

3 beds1 baths1,400 sqft
$50,000
Mar 1, 2026
$36/sqft/sqft

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

$794/mo
19132 Avg Rent
19132 Cost to Own
Rent$1,400
Own$606

20% down, 6.53% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19132 Avg nightly rate
19132 Avg occupancy (days/year)
Nightly rate$160/night
Occupancy72 of 365 days

Data Sources

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

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Analyze properties in Philadelphia, PA with valuations, rental estimates, highest-and-best-use signals, and operating costs.

Nearby Market Reports