Philadelphia, PA 19144 Real Estate Market Report

ZIP Code: 19144
Report Date: March 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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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

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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 Philadelphia PA are around 6.375% compared to an average of 3.825% for loans originated in 2026, indicating property owners locked in a significantly favorable rate.

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 listing price stands at $190,000, indicating seller expectations may be higher than current market realities.

2. With a median sold price of $194,000, there is a notable gap between listing and sold prices, suggesting potential pricing friction.

3. The median days on market of 214 reflects a slower sales velocity, indicating that properties are taking longer to sell than in previous periods.

4. The median market rent of $1,789 is on the rise, suggesting a strengthening rental market despite the challenges in home sales.

5. Elevated interest rate pressure remains a concern, with current mortgage rates around 6.375%, which may be contributing to the lock-in effect among existing homeowners.

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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.