ZIP 19023 Housing Market Report

Philadelphia Metro

Report period: August 2026

19023 Monthly Market Update – August 2026

ZIP 19023 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$199,900
0.0%
Median DOM (Sales)
66
−4.3%
New Listings (Sales)
8
−65.2%
Median Rent
$1,300
0.0%
Median DOM (Rental)
19
−13.6%
Total Rental Listings
102
−1.0%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($335,000 median)

Sales Market Overview

Median Price
$199,900
0.0%
Median DOM
66
−4.3%
New Listings
8
−65.2%
Inventory
118
+3.5%
  • Average Price: $194,966
  • Median Price: $199,900
  • Price Range: $10,000 – $349,999
  • Price per Sq Ft (Avg/Median): $154 / $155
  • Square Footage (Avg/Median): 1,348 / 1,267
  • Square Footage Range: 741 – 2,332
  • Days on Market (Avg/Median): 81 / 66
  • Days on Market Range: 4 – 363
  • New Listings: 8
  • Total Listings: 118

Sales by Property Type

Land
Avg/Median Price$53,317 / $25,000Range$10,000 – $119,900Price per Sq FtSq FtDOM106 / 117New1Total6
Multi-Family
Avg/Median Price$251,666 / $225,000Range$180,000 – $349,999Price per Sq Ft$171 / $192Sq Ft1,477 / 1,510DOM128 / 163New0Total3
Single Family
Avg/Median Price$230,782 / $239,900Range$125,000 – $334,900Price per Sq Ft$160 / $131Sq Ft1,586 / 1,541DOM30 / 11New1Total11
Townhouse
Avg/Median Price$197,882 / $199,900Range$69,900 – $345,000Price per Sq Ft$153 / $155Sq Ft1,320 / 1,220DOM83 / 69New6Total98

Sales by Bedroom Count

Studio
Avg:$125,000Median:$125,000Range:$125,000 – $125,000PSF:Sq Ft:DOM:New:0Total:1
2 Beds
Avg:$150,512Median:$130,000Range:$69,900 – $249,000PSF:$142 / $137Sq Ft:1,143 / 1,020DOM:89 / 47New:0Total:13
3 Beds
Avg:$194,211Median:$199,900Range:$95,000 – $295,000PSF:$153 / $155Sq Ft:1,293 / 1,220DOM:72 / 65New:5Total:73
4 Beds
Avg:$246,004Median:$239,900Range:$150,000 – $349,999PSF:$161 / $156Sq Ft:1,584 / 1,584DOM:99 / 62New:2Total:22
5 Beds
Avg:$339,950Median:$334,900Range:$334,900 – $345,000PSF:$186 / $186Sq Ft:1,826 / 1,798DOM:43 / 9New:0Total:2
6 Beds
Avg:$335,000Median:$335,000Range:$335,000 – $335,000PSF:$179 / $179Sq Ft:1,870 / 1,870DOM:192 / 192New:0Total:1

Rental Market Overview

Median Rent
$1,300
0.0%
Median DOM
19
−13.6%
New Listings
20
Inventory
102
−1.0%
  • Average Rent: $1,473
  • Median Rent: $1,300
  • Rent Range: $800 – $7,890
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,154 / 1,120
  • Square Footage Range: 480 – 3,259
  • Days on Market (Avg/Median): 36 / 19
  • Days on Market Range: 1 – 246
  • New Listings: 20
  • Total Listings: 102

Rentals by Property Type

Apartment
$1,175
Median DOM: 15
Inventory: 43
MoM: 0.0%
Condo
$1,050
Median DOM: 1
Inventory: 9
MoM: 0.0%
Single Family
$1,695
Median DOM: 2
Inventory: 25
MoM: 0.0%
Townhouse
$1,800
Median DOM: 26
Inventory: 23
MoM: 0.0%
Apartment
Avg/Median Rent$1,202 / $1,175Range$850 – $1,915Rent per Sq Ft$2 / $2Sq Ft789 / 700DOM41 / 15New6Total43
Condo
Avg/Median Rent$1,031 / $1,050Range$800 – $1,300Rent per Sq Ft$1 / $1Sq Ft1,102 / 1,100DOM26 / 1New2Total9
Multi-Family
Avg/Median Rent$1,350 / $1,250Range$1,250 – $1,450Rent per Sq Ft$2 / $2Sq Ft725 / 700DOM56 / 54New0Total2
Single Family
Avg/Median Rent$1,860 / $1,695Range$1,020 – $7,890Rent per Sq Ft$2 / $2Sq Ft1,123 / 1,190DOM14 / 2New10Total25
Townhouse
Avg/Median Rent$1,741 / $1,800Range$950 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,495 / 1,408DOM51 / 26New2Total23

Rentals by Bedroom Count

Studio
Avg:$848Median:$850Range:$800 – $915PSF:Sq Ft:DOM:1 / 1New:1Total:5
1 Beds
Avg:$1,087Median:$1,100Range:$895 – $1,350PSF:$1 / $1Sq Ft:840 / 700DOM:35 / 26New:7Total:33
2 Beds
Avg:$1,324Median:$1,300Range:$1,150 – $1,600PSF:$1 / $2Sq Ft:1,200 / 850DOM:39 / 37New:1Total:23
3 Beds
Avg:$1,913Median:$1,795Range:$1,020 – $7,890PSF:$2 / $1Sq Ft:1,306 / 1,192DOM:39 / 7New:9Total:34
4 Beds
Avg:$1,970Median:$1,915Range:$1,595 – $2,465PSF:$2 / $1Sq Ft:1,276 / 1,210DOM:19 / 1New:2Total:6
5 Beds
Avg:$2,800Median:$2,800Range:$2,800 – $2,800PSF:$2 / $2Sq Ft:1,600 / 1,600DOM:104 / 104New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$189,000Median DOM:53New:22Total:104
Apr 2026
Median Price:$198,000Median DOM:55New:27Total:113
May 2026
Median Price:$198,000Median DOM:49New:29Total:124
Jun 2026
Median Price:$189,900Median DOM:54New:20Total:120
Jul 2026
Median Price:$199,900Median DOM:69New:23Total:114
Aug 2026
Median Price:$199,900Median DOM:66New:8Total:118

6-Month Rental Trend

Mar 2026
Median Rent:$1,375Median DOM:15New:34Total:94
Apr 2026
Median Rent:$1,425Median DOM:12New:32Total:89
May 2026
Median Rent:$1,325Median DOM:12New:46Total:93
Jun 2026
Median Rent:$1,350Median DOM:22New:38Total:93
Jul 2026
Median Rent:$1,300Median DOM:22New:36Total:103
Aug 2026
Median Rent:$1,300Median DOM:19New:20Total:102

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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