Philadelphia, PA 19143 Real Estate Market Report

ZIP Code: 19143
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Philadelphia, PA (ZIP: 19143) is currently $159,500, reflecting a localized market divergence as home values have shown a slight decline. This price indicates a significant gap compared to the median listing price of $250,000, suggesting that sellers may need to adjust their expectations to align with current buyer sentiment. The neighborhood has experienced a stable market temperature, classified as hot, yet the elevated median days on market at 158 days points to slower sales velocity and potential pricing friction in transactions.

Despite the overall competitive environment in the broader Philadelphia metro market, the specific conditions in this ZIP code indicate a need for caution. Elevated interest rate pressure is influencing buyer behavior, leading to a more balanced market dynamic. The recent trend shows that while home prices are generally up, the local market is exhibiting signs of excess supply relative to sales activity, which may further impact future pricing strategies.

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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 in the Philadelphia 19143 area are around 6.00% to 6.17%, which is notably lower than the 6.85% average seen one year ago in February 2025.

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 median sold price of $159,500 indicates a significant gap from the median listing price of $250,000, suggesting potential pricing adjustments for sellers.

2. With 158 days on market, the area is experiencing slower sales velocity, which may indicate weak liquidity conditions.

3. The market temperature remains hot, yet elevated interest rate pressure may be influencing buyer decisions and overall market dynamics.

4. The median market rent is $1,789, reflecting a strong rental demand that could support home values in the long term.

5. Year-over-year trends show that both home prices and rents are up, indicating a resilient market despite localized challenges.

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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.