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Market Snapshot

Median listing price
$137K

The median listing price in Philadelphia, PA ZIP 19132 is $136,500 as of July 2026.

Median rent
$1,399/mo

The median market rent in Philadelphia, PA ZIP 19132 is $1,399/month as of July 2026.

Days on market
267 days

The median days on market in Philadelphia, PA ZIP 19132 is 267 days as of July 2026. The market is currently neutral.

Gross rental yield
12.30%

At a median list price of $136,500 and a median rent of $1,399/month, the gross rental yield in Philadelphia, PA ZIP 19132 is 12.30% as of July 2026.

STR vs LTR
$1,400/mo STR · $1,399/mo LTR

In Philadelphia, PA ZIP 19132, median Airbnb revenue is $1,400/month compared to median long-term rent of $1,399/month as of July 2026.

Philadelphia, PA 19132 Real Estate Market Report

ZIP Code: 19132

Report Date: July 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
149
Active Listings
100
Sold Properties
49

Market Metrics

Median Listing Price
$136,500
Median Sold Price
$113,000
Median Price per Sqft
$96/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
$1,399

Property Taxes

Property Tax Rate
1.15%

Liquidity & Velocity

Median Days on Market
267
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
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Philadelphia are averaging approximately 6.5% as of July 2026, reflecting a stable market environment for property owners in this area.

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 primary market signal is the median sold price of $113,000, which reflects realized transaction values and, combined with a up year-over-year price trend, suggests modest upward pressure on valuations.
  2. The median listing price of $136,500 sits above the median sold price of $113,000, which may indicate pricing friction between seller expectations and recent transaction values and suggests caution when positioning asks.
  3. A long median days on market of 267 days points to slower sales velocity and suggests that listings may require longer marketing time or price adjustments before contracts are achieved.
  4. Interest rate pressure is elevated (market rates around 6.5% for a 30‑year fixed), which, together with a neutral market temperature, may temper buyer urgency even as rents and prices trend up (rent up and price up), so underwriters should stress-test affordability for hold/sell strategies.

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

2251 N 22nd St, Philadelphia, PA 19132
Top Sale

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

8 beds3 baths2,126 sqft
$349,000
Jul 1, 2026
$164/sqft/sqft
2639 days on market
3407 Ridge Ave, Philadelphia, PA 19132
Premium

Sold above market average

4 beds2 baths2,157 sqft
$300,000
Apr 1, 2026
$139/sqft/sqft
2618 N 17th St, Philadelphia, PA 19132
Premium

Sold above market average

5 beds3 baths2,082 sqft
$270,000
May 1, 2026
$130/sqft/sqft
1232 days on market
2753 N Croskey St, Philadelphia, PA 19132
Market Benchmark

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

3 beds1 baths1,052 sqft
$112,500
Jun 1, 2026
$107/sqft/sqft
2323 N 18th St, Philadelphia, PA 19132
Market Benchmark

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

4 beds1 baths1,558 sqft
$110,000
Apr 1, 2026
$71/sqft/sqft
2615 W Lehigh Ave, Philadelphia, PA 19132
Market Benchmark

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

4 beds- baths1,968 sqft
$106,000
Apr 1, 2026
$54/sqft/sqft
2447 N 18th St, Philadelphia, PA 19132
Value

Sold below market average

4 beds1 baths1,506 sqft
$50,000
May 1, 2026
$33/sqft/sqft
2636 N Douglas St, Philadelphia, PA 19132
Value

Sold below market average

3 beds1 baths1,200 sqft
$50,000
May 1, 2026
$42/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

$687/mo
19132 Avg Rent
19132 Cost to Own
Rent$1,399
Own$712

20% down, 6.49% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19132 Avg nightly rate
19132 Avg occupancy (days/year)
Nightly rate$192/night
Occupancy173 of 365 days

Data Sources

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

Report generated: 7/10/2026

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