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Market Snapshot

Median listing price
$170K

The median listing price in Philadelphia, PA ZIP 19134 is $169,900 as of July 2026.

Median rent
$1,450/mo

The median market rent in Philadelphia, PA ZIP 19134 is $1,450/month as of July 2026.

Days on market
201 days

The median days on market in Philadelphia, PA ZIP 19134 is 201 days as of July 2026. The market is currently neutral.

Gross rental yield
10.24%

At a median list price of $169,900 and a median rent of $1,450/month, the gross rental yield in Philadelphia, PA ZIP 19134 is 10.24% as of July 2026.

STR vs LTR
$1,909/mo STR · $1,450/mo LTR

In Philadelphia, PA ZIP 19134, median Airbnb revenue is $1,909/month compared to median long-term rent of $1,450/month as of July 2026.

Philadelphia, PA 19134 Real Estate Market Report

ZIP Code: 19134

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
209
Active Listings
100
Sold Properties
109

Market Metrics

Median Listing Price
$169,900
Median Sold Price
$182,000
Median Price per Sqft
$162/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
$1,450

Property Taxes

Property Tax Rate
0.85%

Liquidity & Velocity

Median Days on Market
201
Sale-to-List Ratio
100.0%

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 19134 are approximately 6.6%, reflecting a stable market environment for property owners compared to earlier 2026 levels.

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 value signal is the median sold price of 182,000, which represents the most reliable indication of recent transaction levels and should be prioritized over asking prices when setting offers or valuations.
  2. Despite the transactional strength indicated by the median sold price of 182,000, the median days on market of 201 suggests slower sales velocity and increased time-to-close; this longer selling cadence may indicate moderate pricing friction rather than rapid turnover.
  3. The median listing price of 169,900 sits below the median sold price of 182,000, which appears to reflect a divergence between seller asking expectations and actual closed sale outcomes and may signal opportunistic buying windows if buyers are willing to engage in longer negotiation timelines.
  4. With elevated interest rate pressure and a local 30-year fixed mortgage rate around 6.6%, financing costs are a tangible headwind; combined with an up rent year-over-year trend and a median market rent of 1,450, investors should weigh higher carrying costs against rising rental income when assessing buy-and-hold opportunities.

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

2840 Salmon St, Philadelphia, PA 19134
Top Sale

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

3 beds2 baths2,198 sqft
$549,900
May 1, 2026
$250/sqft/sqft
2846 Belgrade St, Philadelphia, PA 19134
Premium

Sold above market average

3 beds3 baths1,412 sqft
$419,000
May 1, 2026
$297/sqft/sqft
2811 Salmon St, Philadelphia, PA 19134
Premium

Sold above market average

3 beds1 baths1,440 sqft
$375,000
Apr 1, 2026
$260/sqft/sqft
672 days on market
3072 Aramingo Ave, Philadelphia, PA 19134
Market Benchmark

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

3 beds1 baths1,107 sqft
$163,000
May 1, 2026
$147/sqft/sqft
2702 days on market
3138 Aramingo Ave, Philadelphia, PA 19134
Market Benchmark

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

3 beds1 baths1,342 sqft
$162,500
Apr 1, 2026
$121/sqft/sqft
48 days on market
3335 Edgemont St, Philadelphia, PA 19134
Market Benchmark

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

3 beds1 baths1,152 sqft
$161,000
Jun 1, 2026
$140/sqft/sqft
51 days on market
3437 Emerald St, Philadelphia, PA 19134
Value

Sold below market average

3 beds1 baths972 sqft
$50,000
Jul 1, 2026
$51/sqft/sqft
80 days on market
151 E Wishart St, Philadelphia, PA 19134
Value

Sold below market average

3 beds1 baths1,120 sqft
$50,000
Apr 1, 2026
$45/sqft/sqft
99 days on market

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

$348/mo
19134 Avg Rent
19134 Cost to Own
Rent$1,450
Own$1,102

20% down, 6.49% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19134 Avg nightly rate
19134 Avg occupancy (days/year)
Nightly rate$197/night
Occupancy214 of 365 days

Data Sources

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

Report generated: 7/10/2026

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