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Philadelphia, PA 19139 Real Estate Market Report

ZIP Code: 19139
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.


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
169
Active Listings
101
Sold Properties
68

Market Metrics

Median Listing Price
$182,000
Median Sold Price
$140,000
Median Price per Sqft
$131/sqft

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.


Rental Market

Median Market Rent
$1,375

Property Taxes

Property Tax Rate
1.02%

Liquidity & Velocity

Median Days on Market
224
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 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.

Price YoY Trend
up
Market Temperature
hot
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 the 19139 area average 6.49%, reflecting a market where rates remain elevated compared to historical lows.

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


Key Findings

  1. The primary market indicator, the median sold price of 140,000, signals the neighborhood's transaction-level value and should be the focal point for pricing and underwriting decisions; recent sales suggest using median sold price rather than asking prices to set realistic expectations.

  2. There is a notable gap between the median listing price of 182,000 and the median sold price of 140,000, which may indicate pricing friction between seller expectations and closed‑sale outcomes — sellers and agents should be prepared to justify list premiums with evidence of recent comparable sales.

  3. Liquidity appears slower given the long median days on market of 224, which suggests slower sales velocity and that buyers may have more time to negotiate; pricing and marketing strategies should account for protracted time-to-close dynamics moderate sales velocity.

  4. Market momentum is positive but nuanced: price trends are up and the market temperature is hot, while interest rate pressure is elevated (Current 30-year fixed mortgage rates in the 19139 area average 6.49%), so underwriters and investors should model rate sensitivity when assessing carrying costs and buyer affordability elevated interest rate pressure.


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

318 N Edgewood St, Philadelphia, PA 19139
Top Sale

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

- beds
- baths
1,014 sqft
$3,070,000
Feb 1, 2026
$3,028/sqft/sqft
306 N 60th St, Philadelphia, PA 19139
Premium

Sold above market average

3 beds
1 baths
1,060 sqft
$3,070,000
Feb 1, 2026
$2,896/sqft/sqft
5233 Arch St, Philadelphia, PA 19139
Premium

Sold above market average

3 beds
1 baths
1,480 sqft
$3,070,000
Feb 1, 2026
$2,074/sqft/sqft
230 S 56th St, Philadelphia, PA 19139
Market Benchmark

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

3 beds
1 baths
1,320 sqft
$138,000
Mar 1, 2026
$105/sqft/sqft
338 days on market
6230 Ludlow St, Philadelphia, PA 19139
Market Benchmark

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

3 beds
1 baths
1,200 sqft
$135,000
Mar 1, 2026
$113/sqft/sqft
73 days on market
5024 Chestnut St, Philadelphia, PA 19139
Market Benchmark

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

4 beds
1 baths
1,760 sqft
$130,000
Mar 1, 2026
$74/sqft/sqft
881 N 51st St, Philadelphia, PA 19139
Value

Sold below market average

3 beds
1 baths
1,176 sqft
$60,300
Apr 1, 2026
$51/sqft/sqft
5044 Parrish St, Philadelphia, PA 19139
Value

Sold below market average

3 beds
1 baths
1,038 sqft
$55,000
Mar 1, 2026
$53/sqft/sqft
157 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

$522/mo
19139 Avg Rent
19139 Cost to Own
Rent$1,375
Own$853

20% down, 6.3% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19139 Avg nightly rate
19139 Avg occupancy (days/year)
Nightly rate$181/night
Occupancy115 of 365 days

Data Sources

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

Report generated: 5/1/2026

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