Philadelphia, PA 19145 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. The neighborhood's primary market value indicator, the median sold price, is $243,300, which should be treated as the representative recent sale level anchoring local pricing expectations and transaction comparables.
2. There is a meaningful spread between the median listing price and the median sold price—$264,950 (median listing price) versus $243,300 (median sold price)—which may indicate pricing friction and seller ambition relative to executed transactions; this gap suggests adjustment pressure.
3. Market velocity appears slow given the high median days on market of 229, which, combined with a down price year-over-year trend, suggests slower sales velocity and sustained buyer negotiation leverage in some segments.
4. Market context remains active: the market temperature is hot, rent is trending up, and interest rate pressure is elevated — together these signals imply continued demand-driven competition for well-priced SFR and condo listings, but affordability headwinds from elevated interest rates may temper transaction growth and support cautious pricing behavior by sellers.

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.