Philadelphia, PA 19134 Real Estate Market Report

ZIP Code: 19134
Report Date: May 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.

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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 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.

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Key Findings

1. The primary indicator of market value is the $174,500 median sold price, which reflects recent transaction activity and, when viewed alongside a rising price year-over-year trend, suggests price growth momentum in the neighborhood.

2. There is a noticeable disconnect between the $149,900 median listing price and the $174,500 median sold price, which may indicate pricing friction where final sale outcomes are stronger than asking expectations and could benefit sellers who price competitively; monitor listing-to-sale gaps for negotiation leverage.

3. A prolonged 199 days median days on market points to slower sales velocity despite higher sold prices, implying that transactions are taking longer to close and buyers may be selective; extended time to contract may increase carrying costs for sellers and requires realistic pricing and marketing strategies.

4. Inventory conditions in the analyzed sample appear as a relatively constrained active supply versus recent sales, which, combined with a neutral market temperature, suggests a balanced-to-seller-leaning environment but not an overheated market; given moderate interest rate pressure and rents showing a year-over-year decline alongside a $1,375 median market rent, investors should weigh longer vacancy or rent softening risks before acquisition.

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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.