Philadelphia, PA 19145 Real Estate Market Report

ZIP Code: 19145
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Philadelphia, PA (ZIP: 19145) stands at $260,000, reflecting a localized softening in home values despite the broader Philadelphia metro area experiencing moderately appreciating trends. This indicates a potential disconnect between seller expectations and market realities, as the median listing price is notably higher at $299,450. The neighborhood has seen an increase in inventory levels, contributing to a more balanced market dynamic, although the overall sales activity remains moderate with a median of 183 days on market.

Market conditions appear to be shifting towards equilibrium, with elevated inventory levels suggesting that buyers may have more options available. The median market rent has also risen to $1,789, indicating a slight upward pressure on rental rates, which may influence buyer sentiment in the housing market. Overall, the current market temperature is assessed as neutral, reflecting a balanced state between supply and demand, albeit with some caution due to the slower sales velocity.

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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 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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Philadelphia, PA, around 5.72% to 6.03% are slightly below the recent 2026 averages of 6.25% to 6.75% seen earlier this year.

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 is $260,000, indicating localized price softening in the area.

2. With a median listing price of $299,450, there is a notable gap between seller expectations and actual market transactions.

3. Properties are taking a median of 183 days on market, suggesting slower sales velocity and potential pricing friction.

4. The median market rent has risen to $1,789, indicating upward pressure on rental rates that may affect buyer sentiment.

5. The market temperature is currently neutral, suggesting a balanced state between supply and demand despite elevated inventory levels.

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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.