Philadelphia, PA 19132 Real Estate Market Report

ZIP Code: 19132
Report Date: May 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.

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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

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.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Philadelphia PA 19132 are 6.69% compared to the 6.39% average seen earlier in 2026.

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

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Key Findings

1. The neighborhood's median sold price $99,900 is the primary indicator of recent transaction value and suggests pricing power for sellers despite listing/sold dispersion; price trends are up, so position listings competitively to capture existing demand.

2. There is a meaningful gap between the median listing price $129,900 and the median sold price $99,900, which may indicate persistent seller price expectations above realized transaction levels; pricing friction suggests agents should counsel sellers on realistic concessions or staged pricing to reduce time-to-contract.

3. The median days on market 247 is materially long and signals slower sales velocity even as prices rise; slower transaction velocity may mean buyers have time to negotiate and investors should underwrite longer holding periods.

4. Local fundamentals show a median price per square foot 95.21 and a median market rent $1,400, with the market flagged as hot and rent trends up; interest rate pressure is moderate, so prioritize listings with clear value propositions and emphasize rent-growth narratives for buy-to-rent investors.

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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.