ZIP 19040 Housing Market Report

Philadelphia Metro

Report period: July 2026

19040 Monthly Market Update – July 2026

ZIP 19040 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$467,000
0.0%
Median DOM (Sales)
15
+15.4%
New Listings (Sales)
4
−73.3%
Median Rent
$2,375
0.0%
Median DOM (Rental)
28
0.0%
Total Rental Listings
43
+4.9%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (5 DOM)
  • Fastest renting: Single Family (13 DOM)
  • Strongest bedroom: 7 Beds ($650,000 median)

Sales Market Overview

Median Price
$467,000
0.0%
Median DOM
15
+15.4%
New Listings
4
−73.3%
Inventory
46
−11.5%
  • Average Price: $485,160
  • Median Price: $467,000
  • Price Range: $214,900 – $999,999
  • Price per Sq Ft (Avg/Median): $271 / $277
  • Square Footage (Avg/Median): 1,866 / 1,647
  • Square Footage Range: 960 – 4,987
  • Days on Market (Avg/Median): 25 / 15
  • Days on Market Range: 3 – 92
  • New Listings: 4
  • Total Listings: 46

Sales by Property Type

Condo
Avg/Median Price$499,933 / $284,900Range$214,900 – $999,999Price per Sq Ft$221 / $217Sq Ft1,136 / 960DOM29 / 15New0Total3
Multi-Family
Avg/Median Price$800,000 / $800,000Range$800,000 – $800,000Price per Sq Ft$211 / $211Sq Ft3,789 / 3,789DOM23 / 23New0Total1
Single Family
Avg/Median Price$478,891 / $459,900Range$329,900 – $675,000Price per Sq Ft$275 / $281Sq Ft1,866 / 1,647DOM25 / 14New3Total38
Townhouse
Avg/Median Price$454,925 / $479,900Range$360,000 – $499,900Price per Sq Ft$271 / $254Sq Ft1,753 / 1,672DOM22 / 5New1Total4

Sales by Bedroom Count

2 Beds
Avg:$214,900Median:$214,900Range:$214,900 – $214,900PSF:$224 / $224Sq Ft:960 / 960DOM:15 / 15New:0Total:1
3 Beds
Avg:$435,172Median:$435,900Range:$284,900 – $550,000PSF:$290 / $291Sq Ft:1,564 / 1,424DOM:25 / 14New:2Total:27
4 Beds
Avg:$555,853Median:$499,999Range:$434,900 – $999,999PSF:$246 / $246Sq Ft:2,265 / 2,076DOM:21 / 13New:2Total:15
5 Beds
Avg:$565,000Median:$565,000Range:$565,000 – $565,000PSF:$254 / $254Sq Ft:2,228 / 2,228DOM:21 / 21New:0Total:1
7 Beds
Avg:$725,000Median:$650,000Range:$650,000 – $800,000PSF:$200 / $189Sq Ft:3,618 / 3,448DOM:58 / 23New:0Total:2

Rental Market Overview

Median Rent
$2,375
0.0%
Median DOM
28
0.0%
New Listings
5
Inventory
43
+4.9%
  • Average Rent: $2,418
  • Median Rent: $2,375
  • Rent Range: $1,000 – $3,300
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,157 / 1,032
  • Square Footage Range: 550 – 2,240
  • Days on Market (Avg/Median): 59 / 28
  • Days on Market Range: 1 – 318
  • New Listings: 5
  • Total Listings: 43

Rentals by Property Type

Apartment
$2,400
Median DOM: 16
Inventory: 27
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,348
Median DOM: 13
Inventory: 5
MoM: 0.0%
Townhouse
$2,375
Median DOM: 40
Inventory: 11
MoM: 0.0%
Apartment
Avg/Median Rent$2,323 / $2,400Range$1,425 – $3,181Rent per Sq Ft$3 / $3Sq Ft985 / 1,032DOM100 / 16New3Total27
Single Family
Avg/Median Rent$2,235 / $2,348Range$1,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,249 / 1,288DOM22 / 13New2Total5
Townhouse
Avg/Median Rent$2,733 / $2,375Range$2,100 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,547 / 1,672DOM43 / 40New0Total11

Rentals by Bedroom Count

Studio
Avg:$1,860Median:$1,860Range:$1,860 – $1,860PSF:$3 / $3Sq Ft:550 / 550DOM:236 / 236New:0Total:1
1 Beds
Avg:$2,127Median:$2,200Range:$1,000 – $2,780PSF:$2 / $3Sq Ft:944 / 931DOM:80 / 5New:3Total:11
2 Beds
Avg:$2,375Median:$2,348Range:$1,425 – $3,181PSF:$2 / $2Sq Ft:1,054 / 1,000DOM:36 / 16New:2Total:24
3 Beds
Avg:$3,099Median:$3,195Range:$2,500 – $3,300PSF:$2 / $2Sq Ft:1,844 / 1,915DOM:52 / 50New:0Total:7

6-Month Sales Trend

Feb 2026
Median Price:$439,990Median DOM:18New:8Total:26
Mar 2026
Median Price:$435,000Median DOM:8New:14Total:31
Apr 2026
Median Price:$439,900Median DOM:10New:24Total:49
May 2026
Median Price:$450,000Median DOM:13New:16Total:57
Jun 2026
Median Price:$467,000Median DOM:13New:15Total:52
Jul 2026
Median Price:$467,000Median DOM:15New:4Total:46

6-Month Rental Trend

Feb 2026
Median Rent:$2,520Median DOM:142New:7Total:51
Mar 2026
Median Rent:$2,513Median DOM:91New:13Total:53
Apr 2026
Median Rent:$2,500Median DOM:23New:12Total:57
May 2026
Median Rent:$2,500Median DOM:20New:9Total:47
Jun 2026
Median Rent:$2,375Median DOM:28New:10Total:41
Jul 2026
Median Rent:$2,375Median DOM:28New:5Total:43

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory increased.

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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