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Market Snapshot

Median listing price
$389K

The median listing price in Philadelphia, PA ZIP 19146 is $389,000 as of August 2026.

Median rent
$1,850/mo

The median market rent in Philadelphia, PA ZIP 19146 is $1,850/month as of August 2026.

Days on market
40 days

The median days on market in Philadelphia, PA ZIP 19146 is 40 days as of August 2026. The market is currently neutral.

Gross rental yield
5.71%

At a median list price of $389,000 and a median rent of $1,850/month, the gross rental yield in Philadelphia, PA ZIP 19146 is 5.71% as of August 2026.

STR vs LTR
$3,651/mo STR · $1,850/mo LTR

In Philadelphia, PA ZIP 19146, median Airbnb revenue is $3,651/month compared to median long-term rent of $1,850/month as of August 2026.

Philadelphia, PA 19146 Real Estate Market Report

ZIP Code: 19146

Report Date: August 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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
241
Active Listings
122
Sold Properties
119

Market Metrics

Median Listing Price
$389,000
Median Sold Price
$386,450
Median Price per Sqft
$284/sqft

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
$1,850

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.96%

Liquidity & Velocity

Median Days on Market
40
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 19146 area are averaging 6.67%, which is 0.69% higher than the 5.98% market low observed earlier in 2026.

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


Key Findings

  1. The primary indicator of recent market value is the median sold price, which is $386,450, reflecting realized transaction levels in the neighborhood and supporting a modest upward price trend (up) compared with last year.
  2. Comparing asking to realized prices shows a narrow spread: the median listing price is $389,000 versus the median sold price of $386,450, which may indicate modest pricing friction where sellers are asking slightly above recently completed transactions.
  3. Liquidity signals point to measured sales velocity: the median days on market is 40, which suggests moderate time to transact rather than rapid turnover and is consistent with a market moving toward balance with relatively constrained active supply.
  4. Financing headwinds are a meaningful local constraint: interest rate pressure is elevated and current mortgage conditions show average 30-year fixed rates near 6.67%, which may temper buyer urgency and cap upward price momentum despite the neutral market temperature.

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

2147 Lombard St, Philadelphia, PA 19146
Top Sale

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

4 beds4 baths2,771 sqft
$2,630,000
May 1, 2026
$949/sqft
741 S 15th St, Philadelphia, PA 19146
Premium

Sold above market average

4 beds3 baths3,060 sqft
$1,600,000
Jun 1, 2026
$523/sqft
1606 Webster St, Philadelphia, PA 19146
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds3 baths1,152 sqft
$480,000
Jul 1, 2026
$417/sqft
1 days on market
2225 Pemberton St, Philadelphia, PA 19146
Premium

Sold above market average

3 beds1 baths928 sqft
$475,000
Jul 1, 2026
$512/sqft
40 days on market
1202 S Bonsall St, Philadelphia, PA 19146
Market Benchmark

Sold at market average

3 beds2 baths1,614 sqft
$470,000
May 1, 2026
$291/sqft
71 days on market
2625 Gerritt St, Philadelphia, PA 19146
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds1 baths892 sqft
$225,000
Jul 1, 2026
$252/sqft
1 days on market
1417 S Bouvier St, Philadelphia, PA 19146
Value

Sold below market average

2 beds1 baths728 sqft
$145,000
May 1, 2026
$199/sqft
1444 S Etting St, Philadelphia, PA 19146
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds1 baths1,021 sqft
$105,500
Jul 1, 2026
$103/sqft
1 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$559/mo
19146 Avg Rent
19146 Cost to Own
Rent$1,850
Own$2,409

20% down, 6.67% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

19146 Avg nightly rate
19146 Avg occupancy (days/year)
Nightly rate$221/night
Occupancy226 of 365 days

Data Sources

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

Report generated: 8/19/2026

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