GemHausNew report

Philadelphia, PA 19145 Real Estate Market Report

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


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.

Analysis Window
90 Days
Total Properties Analyzed
179
Active Listings
100
Sold Properties
79

Market Metrics

Median Listing Price
$259,000
Median Sold Price
$269,900
Median Price per Sqft
$224/sqft

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.


Rental Market

Median Market Rent
$1,789
Rent Range
$1,470 - $2,079

Property Taxes

Property Tax Rate
1.40%

Liquidity & Velocity

Median Days on Market
214
Sale-to-List Ratio
100.0%

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.

Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Philadelphia 19145 market average around 6.29% APR, which is 0.26% lower than the national average of 6.55% seen one week prior.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The median sold price in the area is $269,900, reflecting stable transaction values despite recent price softening.

  2. With 214 days as the median days on market, the market is experiencing slower sales velocity compared to previous periods.

  3. The median listing price stands at $259,000, indicating a pricing gap that may require adjustment as inventory levels rise.

  4. The median market rent is $1,789, which has shown an up trend year-over-year, suggesting strong rental demand.

  5. Current mortgage rates in the area average around 6.29% APR, which is lower than the national average, potentially easing some buyer pressure.


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.

Recent Transactions

3516 S 20th St, Philadelphia, PA 19145
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
2,124 sqft
$669,000
Feb 1, 2026
$315/sqft/sqft
210 days on market
2526 S Cleveland St, Philadelphia, PA 19145
Premium

Sold above market average

4 beds
1 baths
1,728 sqft
$599,000
Feb 1, 2026
$347/sqft/sqft
208 days on market
2016 Morris St, Philadelphia, PA 19145
Premium

Sold above market average

3 beds
1 baths
1,396 sqft
$559,000
Feb 1, 2026
$400/sqft/sqft
160 days on market
2639 S Hicks St, Philadelphia, PA 19145
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,044 sqft
$279,900
Feb 1, 2026
$268/sqft/sqft
809 days on market
1827 Hoffman St, Philadelphia, PA 19145
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
3 baths
896 sqft
$275,000
Feb 1, 2026
$307/sqft/sqft
809 days on market
1804 S 28th St, Philadelphia, PA 19145
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,120 sqft
$275,000
Feb 1, 2026
$246/sqft/sqft
166 days on market
2212 Morris St, Philadelphia, PA 19145
Quick Flip

Sold below market average

4 beds
1 baths
1,600 sqft
$2,350
Jan 1, 2026
$1/sqft/sqft
603 days on market
1618 S 19th St, Philadelphia, PA 19145
Quick Flip

Sold below market average

2 beds
1 baths
1,112 sqft
$2,100
Mar 1, 2026
$2/sqft/sqft
85 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 3/31/2026

GemHaus

Get personalized market intelligence

Analyze properties in Philadelphia, PA with valuations, rental estimates, highest-and-best-use signals, and operating costs.

Nearby Market Reports