Philadelphia, PA 19143 Real Estate Market Report

ZIP Code: 19143
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 19143 are 6.69% compared to the 6.39% average observed 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 primary market signal is the median sold price of $160,000, which — alongside a up price year-over-year trend — indicates realized transaction values are rising and should be treated as the principal indicator of market value.

2. There is notable pricing friction between the median listing price of $216,450 and the median sold price of $160,000, which suggests seller expectations may be elevated relative to recent transaction levels and may require pricing adjustments to accelerate closings.

3. Liquidity appears mixed: the median days on market of 185 points to slower sales velocity despite a market temperature classified as hot, which may indicate localized pricing mismatches or buyer sensitivity at current asking levels.

4. Rental fundamentals are strengthening with a median market rent of $1,550 and a rent year-over-year trend marked up, but elevated interest rate pressure (current 30-year rate at 6.69% versus 6.39% earlier in 2026) may suppress some buyer purchasing power and should be factored into valuation and hold/sell timing decisions.

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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.

Philadelphia, PA 19143 Real Estate Market Report

ZIP Code: 19143
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 19143 are 6.69% compared to the 6.39% average observed 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 primary market-value signal is the median sold price of $325,000, which—together with a hot market temperature—points to a seller-advantaged pricing environment for SFR and condominium properties in 19143.

2. The median days on market of 315 indicates slower sales velocity, suggesting pricing friction and that transactions may take longer to close despite the hot market temperature.

3. Pricing and rent fundamentals show a median price per square foot of $238 alongside a median market rent of $1,500; with rent year-over-year trends up, these metrics support continued price resilience for owners and investors without implying a specific yield.

4. Financing pressure is notable: Current 30-year fixed mortgage rates are 6.69% (vs 6.39% earlier in 2026), and interest rate pressure is classified as elevated, which may temper buyer affordability and extend negotiation timelines.

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Notable Properties

The following 7 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.