ZIP 19023 Housing Market Report
Philadelphia Metro
Report period: May 2026
19023 Monthly Market Update – May 2026
ZIP 19023 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$195,000
−1.5%
Median DOM (Sales)
54
−1.8%
New Listings (Sales)
7
−74.1%
Median Rent
$1,350
−5.3%
Median DOM (Rental)
4
−66.7%
Total Rental Listings
85
−4.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (14 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($469,000 median)
Sales Market Overview
Median Price
$195,000
−1.5%
Median DOM
54
−1.8%
New Listings
7
−74.1%
Inventory
116
+2.7%
- Average Price: $195,289
- Median Price: $195,000
- Price Range: $15,000 – $469,000
- Price per Sq Ft (Avg/Median): $153 / $155
- Square Footage (Avg/Median): 1,358 / 1,280
- Square Footage Range: 728 – 2,680
- Days on Market (Avg/Median): 75 / 54
- Days on Market Range: 2 – 338
- New Listings: 7
- Total Listings: 116
Sales by Property Type
Land
Avg/Median Price$39,257 / $25,000Range$15,000 – $119,900Price per Sq Ft—Sq Ft—DOM60 / 67New0Total7
Multi-Family
Avg/Median Price$297,828 / $279,900Range$139,999 – $469,000Price per Sq Ft$170 / $132Sq Ft1,797 / 1,510DOM106 / 78New0Total7
Single Family
Avg/Median Price$229,971 / $239,900Range$125,000 – $315,000Price per Sq Ft$168 / $168Sq Ft1,496 / 1,532DOM32 / 14New0Total7
Townhouse
Avg/Median Price$196,675 / $195,000Range$69,900 – $350,000Price per Sq Ft$152 / $154Sq Ft1,322 / 1,234DOM76 / 53New7Total95
Sales by Bedroom Count
Studio
Avg:$184,967Median:$159,900Range:$125,000 – $270,000PSF:$163 / $117Sq Ft:1,327 / 1,288DOM:108 / 32New:0Total:3
2 Beds
Avg:$138,133Median:$139,000Range:$69,900 – $194,900PSF:$139 / $131Sq Ft:1,011 / 952DOM:79 / 49New:0Total:12
3 Beds
Avg:$200,545Median:$199,900Range:$90,000 – $325,000PSF:$155 / $159Sq Ft:1,301 / 1,216DOM:69 / 45New:7Total:73
4 Beds
Avg:$240,656Median:$239,900Range:$140,000 – $350,000PSF:$149 / $144Sq Ft:1,684 / 1,632DOM:82 / 66New:0Total:16
5 Beds
Avg:$225,000Median:$225,000Range:$225,000 – $225,000PSF:$133 / $133Sq Ft:1,690 / 1,690DOM:109 / 109New:0Total:1
6 Beds
Avg:$307,000Median:$279,000Range:$279,000 – $335,000PSF:$142 / $104Sq Ft:2,275 / 1,870DOM:82 / 8New:0Total:2
7 Beds
Avg:$469,000Median:$469,000Range:$469,000 – $469,000PSF:$213 / $213Sq Ft:2,200 / 2,200DOM:78 / 78New:0Total:1
8 Beds
Avg:$367,900Median:$367,900Range:$367,900 – $367,900PSF:$248 / $248Sq Ft:1,482 / 1,482DOM:259 / 259New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $184,967 | $159,900 | $125,000 – $270,000 | $163 / $117 | 1,327 / 1,288 | 108 / 32 | 0 | 3 |
| 2 Beds | $138,133 | $139,000 | $69,900 – $194,900 | $139 / $131 | 1,011 / 952 | 79 / 49 | 0 | 12 |
| 3 Beds | $200,545 | $199,900 | $90,000 – $325,000 | $155 / $159 | 1,301 / 1,216 | 69 / 45 | 7 | 73 |
| 4 Beds | $240,656 | $239,900 | $140,000 – $350,000 | $149 / $144 | 1,684 / 1,632 | 82 / 66 | 0 | 16 |
| 5 Beds | $225,000 | $225,000 | $225,000 – $225,000 | $133 / $133 | 1,690 / 1,690 | 109 / 109 | 0 | 1 |
| 6 Beds | $307,000 | $279,000 | $279,000 – $335,000 | $142 / $104 | 2,275 / 1,870 | 82 / 8 | 0 | 2 |
| 7 Beds | $469,000 | $469,000 | $469,000 – $469,000 | $213 / $213 | 2,200 / 2,200 | 78 / 78 | 0 | 1 |
| 8 Beds | $367,900 | $367,900 | $367,900 – $367,900 | $248 / $248 | 1,482 / 1,482 | 259 / 259 | 0 | 1 |
Rental Market Overview
Median Rent
$1,350
−5.3%
Median DOM
4
−66.7%
New Listings
22
Inventory
85
−4.5%
- Average Rent: $1,419
- Median Rent: $1,350
- Rent Range: $666 – $2,800
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,140 / 1,120
- Square Footage Range: 322 – 2,148
- Days on Market (Avg/Median): 43 / 4
- Days on Market Range: 1 – 292
- New Listings: 22
- Total Listings: 85
Rentals by Property Type
Apartment
$1,200
Median DOM: 18
Inventory: 31
MoM: −5.3%
Condo
$1,000
Median DOM: 1
Inventory: 10
MoM: −5.3%
Single Family
$1,600
Median DOM: 1
Inventory: 28
MoM: −5.3%
Townhouse
$1,600
Median DOM: 37
Inventory: 16
MoM: −5.3%
Apartment
Avg/Median Rent$1,243 / $1,200Range$666 – $1,615Rent per Sq Ft$2 / $2Sq Ft937 / 850DOM65 / 18New4Total31
Condo
Avg/Median Rent$1,192 / $1,000Range$850 – $2,000Rent per Sq Ft$2 / $2Sq Ft707 / 700DOM2 / 1New4Total10
Single Family
Avg/Median Rent$1,573 / $1,600Range$884 – $2,450Rent per Sq Ft$1 / $1Sq Ft1,208 / 1,200DOM27 / 1New14Total28
Townhouse
Avg/Median Rent$1,634 / $1,600Range$900 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,343 / 1,376DOM51 / 37New0Total16
Rentals by Bedroom Count
Studio
Avg:$815Median:$850Range:$666 – $995PSF:—Sq Ft:—DOM:1 / 1New:3Total:5
1 Beds
Avg:$1,090Median:$1,135Range:$900 – $1,250PSF:$2 / $1Sq Ft:862 / 650DOM:48 / 15New:4Total:27
2 Beds
Avg:$1,408Median:$1,350Range:$1,200 – $2,000PSF:$2 / $2Sq Ft:995 / 850DOM:72 / 14New:6Total:23
3 Beds
Avg:$1,791Median:$1,795Range:$1,400 – $2,450PSF:$1 / $1Sq Ft:1,350 / 1,308DOM:25 / 1New:9Total:27
4 Beds
Avg:$2,133Median:$2,000Range:$1,600 – $2,800PSF:$2 / $2Sq Ft:1,217 / 1,152DOM:31 / 35New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $815 | $850 | $666 – $995 | — | — | 1 / 1 | 3 | 5 |
| 1 Beds | $1,090 | $1,135 | $900 – $1,250 | $2 / $1 | 862 / 650 | 48 / 15 | 4 | 27 |
| 2 Beds | $1,408 | $1,350 | $1,200 – $2,000 | $2 / $2 | 995 / 850 | 72 / 14 | 6 | 23 |
| 3 Beds | $1,791 | $1,795 | $1,400 – $2,450 | $1 / $1 | 1,350 / 1,308 | 25 / 1 | 9 | 27 |
| 4 Beds | $2,133 | $2,000 | $1,600 – $2,800 | $2 / $2 | 1,217 / 1,152 | 31 / 35 | 0 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$189,900Median DOM:64New:20Total:113
Jan 2026
Median Price:$190,000Median DOM:66New:20Total:109
Feb 2026
Median Price:$189,000Median DOM:54New:24Total:100
Mar 2026
Median Price:$189,000Median DOM:53New:22Total:104
Apr 2026
Median Price:$198,000Median DOM:55New:27Total:113
May 2026
Median Price:$195,000Median DOM:54New:7Total:116
6-Month Rental Trend
Dec 2025
Median Rent:$1,350Median DOM:35New:22Total:73
Jan 2026
Median Rent:$1,350Median DOM:22New:35Total:86
Feb 2026
Median Rent:$1,375Median DOM:18New:36Total:87
Mar 2026
Median Rent:$1,375Median DOM:15New:34Total:94
Apr 2026
Median Rent:$1,425Median DOM:12New:32Total:89
May 2026
Median Rent:$1,350Median DOM:4New:22Total:85
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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