ZIP 19031 Housing Market Report

Philadelphia Metro

Report period: August 2026

19031 Monthly Market Update – August 2026

ZIP 19031 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$749,990
+7.1%
Median DOM (Sales)
32
+33.3%
New Listings (Sales)
1
−83.3%
Median Rent
$2,599
−11.9%
Median DOM (Rental)
50
−34.2%
Total Rental Listings
6
−14.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (32 DOM)
  • Fastest renting: Single Family (28 DOM)
  • Strongest bedroom: 7 Beds ($3,499,000 median)

Sales Market Overview

Median Price
$749,990
+7.1%
Median DOM
32
+33.3%
New Listings
1
−83.3%
Inventory
19
−5.0%
  • Average Price: $1,155,261
  • Median Price: $749,990
  • Price Range: $370,000 – $3,499,000
  • Price per Sq Ft (Avg/Median): $312 / $308
  • Square Footage (Avg/Median): 3,757 / 2,630
  • Square Footage Range: 864 – 13,106
  • Days on Market (Avg/Median): 70 / 32
  • Days on Market Range: 5 – 333
  • New Listings: 1
  • Total Listings: 19

Sales by Property Type

Single Family
Avg/Median Price$1,250,000 / $594,000Range$370,000 – $3,499,000Price per Sq Ft$305 / $293Sq Ft4,149 / 2,477DOM38 / 32New1Total14
Townhouse
Avg/Median Price$889,992 / $849,990Range$699,990 – $1,150,000Price per Sq Ft$332 / $308Sq Ft2,660 / 2,766DOM160 / 114New0Total5

Sales by Bedroom Count

2 Beds
Avg:$370,000Median:$370,000Range:$370,000 – $370,000PSF:$428 / $428Sq Ft:864 / 864DOM:5 / 5New:1Total:1
3 Beds
Avg:$740,495Median:$699,990Range:$425,000 – $1,150,000PSF:$313 / $307Sq Ft:2,320 / 2,435DOM:115 / 32New:0Total:8
4 Beds
Avg:$591,000Median:$530,000Range:$490,000 – $749,999PSF:$283 / $214Sq Ft:2,258 / 1,963DOM:37 / 12New:0Total:4
5 Beds
Avg:$1,848,500Median:$1,399,000Range:$650,000 – $2,894,999PSF:$333 / $308Sq Ft:5,270 / 4,538DOM:47 / 32New:0Total:4
6 Beds
Avg:$2,399,000Median:$2,399,000Range:$2,399,000 – $2,399,000PSF:$274 / $274Sq Ft:8,744 / 8,744DOM:47 / 47New:0Total:1
7 Beds
Avg:$3,499,000Median:$3,499,000Range:$3,499,000 – $3,499,000PSF:$267 / $267Sq Ft:13,106 / 13,106DOM:34 / 34New:0Total:1

Rental Market Overview

Median Rent
$2,599
−11.9%
Median DOM
50
−34.2%
New Listings
0
Inventory
6
−14.3%
  • Average Rent: $3,241
  • Median Rent: $2,599
  • Rent Range: $1,999 – $6,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,270 / 1,321
  • Square Footage Range: 865 – 1,700
  • Days on Market (Avg/Median): 156 / 50
  • Days on Market Range: 12 – 355
  • New Listings: 0
  • Total Listings: 6

Rentals by Property Type

Apartment
$1,999
Median DOM: 302
Inventory: 2
MoM: −11.9%
Condo
Median DOM:
Inventory:
MoM: −11.9%
Single Family
$3,300
Median DOM: 28
Inventory: 3
MoM: −11.9%
Townhouse
$2,950
Median DOM: 50
Inventory: 1
MoM: −11.9%
Apartment
Avg/Median Rent$2,299 / $1,999Range$1,999 – $2,599Rent per Sq Ft$2 / $2Sq Ft1,093 / 865DOM329 / 302New0Total2
Single Family
Avg/Median Rent$3,967 / $3,300Range$2,100 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,300 / 900DOM76 / 28New0Total3
Townhouse
Avg/Median Rent$2,950 / $2,950Range$2,950 – $2,950Rent per Sq Ft$2 / $2Sq Ft1,562 / 1,562DOM50 / 50New0Total1

Rentals by Bedroom Count

2 Beds
Avg:$2,233Median:$2,100Range:$1,999 – $2,599PSF:$2 / $2Sq Ft:1,029 / 900DOM:223 / 302New:0Total:3
3 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:$2 / $2Sq Ft:1,562 / 1,562DOM:50 / 50New:0Total:1
4 Beds
Avg:$4,900Median:$3,300Range:$3,300 – $6,500PSF:$2 / $2Sq Ft:1,700 / 1,700DOM:108 / 28New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$820,365Median DOM:14New:6Total:16
Apr 2026
Median Price:$999,000Median DOM:11New:9Total:21
May 2026
Median Price:$779,990Median DOM:12New:8Total:24
Jun 2026
Median Price:$750,000Median DOM:17New:5Total:20
Jul 2026
Median Price:$699,990Median DOM:24New:6Total:20
Aug 2026
Median Price:$749,990Median DOM:32New:1Total:19

6-Month Rental Trend

Mar 2026
Median Rent:$2,100Median DOM:11New:1Total:6
Apr 2026
Median Rent:$2,599Median DOM:86New:0Total:4
May 2026
Median Rent:$2,599Median DOM:117New:0Total:4
Jun 2026
Median Rent:$2,950Median DOM:76New:2Total:6
Jul 2026
Median Rent:$2,950Median DOM:76New:1Total:7
Aug 2026
Median Rent:$2,599Median DOM:50New:0Total:6

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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