Market Snapshot
- Median listing price
- $292K
- Median rent
- $1,685/mo
- Days on market
- 216 days
- Gross rental yield
- 6.91%
- STR vs LTR
- $3,473/mo STR · $1,685/mo LTR
The median listing price in Philadelphia, PA ZIP 19148 is $292,499.5 as of June 2026.
The median market rent in Philadelphia, PA ZIP 19148 is $1,685/month as of June 2026.
The median days on market in Philadelphia, PA ZIP 19148 is 216 days as of June 2026. The market is currently neutral.
At a median list price of $292,499.5 and a median rent of $1,685/month, the gross rental yield in Philadelphia, PA ZIP 19148 is 6.91% as of June 2026.
In Philadelphia, PA ZIP 19148, median Airbnb revenue is $3,473/month compared to median long-term rent of $1,685/month as of June 2026.
Philadelphia, PA 19148 Real Estate Market Report
ZIP Code: 19148
Report Date: June 2026
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.
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
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 for properties in Philadelphia PA 19148 average 6.6%, reflecting a stable market environment for property owners compared to earlier 2026 levels.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary market indicator is the median sold price of $273,900, which represents the most reliable signal of realized value and recent transaction activity in the area; relative to the median listing price of $292,500, this gap suggests pricing friction between ask and sale outcomes.
- Price trajectory is positive with a year-over-year trend reported as up, but the market temperature is described as neutral; this combination suggests moderate appreciation without a clear sustained seller advantage.
- Median days on market is 216, indicating slower sales velocity that may reflect buyer selectivity or longer negotiation timelines; combined with elevated interest rate pressure, this suggests caution for sellers expecting quick turnarounds.
- Median market rent is $1,685 and median price per square foot is $255, while interest rates average 6.6% for a 30-year fixed — this environment, together with a rent year-over-year trend that is down, suggests softening rental momentum and increasing importance of realistic pricing for both SFR and condo 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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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