ZIP 19040 Housing Market Report
Philadelphia Metro
Report period: August 2026
19040 Monthly Market Update – August 2026
ZIP 19040 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$455,000
−1.1%
Median DOM (Sales)
12
0.0%
New Listings (Sales)
3
−81.3%
Median Rent
$2,325
0.0%
Median DOM (Rental)
36
+9.1%
Total Rental Listings
42
+2.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (8 DOM)
- Fastest renting: Apartment (34 DOM)
- Strongest bedroom: 6 Beds ($785,000 median)
Sales Market Overview
Median Price
$455,000
−1.1%
Median DOM
12
0.0%
New Listings
3
−81.3%
Inventory
49
−2.0%
- Average Price: $494,576
- Median Price: $455,000
- Price Range: $284,900 – $999,999
- Price per Sq Ft (Avg/Median): $272 / $273
- Square Footage (Avg/Median): 1,885 / 1,740
- Square Footage Range: 826 – 4,987
- Days on Market (Avg/Median): 29 / 12
- Days on Market Range: 3 – 238
- New Listings: 3
- Total Listings: 49
Sales by Property Type
Condo
Avg/Median Price$498,675 / $339,900Range$284,900 – $999,999Price per Sq Ft$247 / $240Sq Ft1,350 / 1,311DOM34 / 18New0Total4
Multi-Family
Avg/Median Price$725,000 / $650,000Range$650,000 – $800,000Price per Sq Ft$200 / $189Sq Ft3,618 / 3,448DOM131 / 23New0Total2
Single Family
Avg/Median Price$488,868 / $455,000Range$329,900 – $785,000Price per Sq Ft$276 / $274Sq Ft1,870 / 1,868DOM23 / 12New3Total40
Townhouse
Avg/Median Price$411,600 / $394,900Range$360,000 – $479,900Price per Sq Ft$288 / $287Sq Ft1,455 / 1,612DOM28 / 8New0Total3
Sales by Bedroom Count
2 Beds
Avg:$374,950Median:$339,900Range:$339,900 – $410,000PSF:$390 / $283Sq Ft:1,013 / 826DOM:17 / 9New:0Total:2
3 Beds
Avg:$421,876Median:$410,000Range:$284,900 – $675,000PSF:$281 / $286Sq Ft:1,536 / 1,477DOM:23 / 12New:1Total:24
4 Beds
Avg:$559,133Median:$519,900Range:$399,900 – $999,999PSF:$258 / $250Sq Ft:2,173 / 1,963DOM:26 / 12New:2Total:18
5 Beds
Avg:$529,950Median:$499,999Range:$499,999 – $559,900PSF:$236 / $220Sq Ft:2,250 / 2,228DOM:29 / 5New:0Total:2
6 Beds
Avg:$785,000Median:$785,000Range:$785,000 – $785,000PSF:$247 / $247Sq Ft:3,180 / 3,180DOM:18 / 18New:0Total:1
7 Beds
Avg:$725,000Median:$650,000Range:$650,000 – $800,000PSF:$200 / $189Sq Ft:3,618 / 3,448DOM:131 / 23New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $374,950 | $339,900 | $339,900 – $410,000 | $390 / $283 | 1,013 / 826 | 17 / 9 | 0 | 2 |
| 3 Beds | $421,876 | $410,000 | $284,900 – $675,000 | $281 / $286 | 1,536 / 1,477 | 23 / 12 | 1 | 24 |
| 4 Beds | $559,133 | $519,900 | $399,900 – $999,999 | $258 / $250 | 2,173 / 1,963 | 26 / 12 | 2 | 18 |
| 5 Beds | $529,950 | $499,999 | $499,999 – $559,900 | $236 / $220 | 2,250 / 2,228 | 29 / 5 | 0 | 2 |
| 6 Beds | $785,000 | $785,000 | $785,000 – $785,000 | $247 / $247 | 3,180 / 3,180 | 18 / 18 | 0 | 1 |
| 7 Beds | $725,000 | $650,000 | $650,000 – $800,000 | $200 / $189 | 3,618 / 3,448 | 131 / 23 | 0 | 2 |
Rental Market Overview
Median Rent
$2,325
0.0%
Median DOM
36
+9.1%
New Listings
4
Inventory
42
+2.4%
- Average Rent: $2,282
- Median Rent: $2,325
- Rent Range: $1,000 – $3,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,131 / 950
- Square Footage Range: 550 – 2,250
- Days on Market (Avg/Median): 58 / 36
- Days on Market Range: 1 – 349
- New Listings: 4
- Total Listings: 42
Rentals by Property Type
Apartment
$2,158
Median DOM: 34
Inventory: 27
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,348
Median DOM: 36
Inventory: 6
MoM: 0.0%
Townhouse
$2,375
Median DOM: 65
Inventory: 9
MoM: 0.0%
Apartment
Avg/Median Rent$2,138 / $2,158Range$1,000 – $3,181Rent per Sq Ft$2 / $2Sq Ft955 / 945DOM75 / 34New2Total27
Single Family
Avg/Median Rent$2,279 / $2,348Range$1,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,247 / 1,238DOM33 / 36New1Total6
Townhouse
Avg/Median Rent$2,713 / $2,375Range$2,100 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,560 / 1,672DOM50 / 65New1Total9
Rentals by Bedroom Count
Studio
Avg:$1,860Median:$1,860Range:$1,860 – $1,860PSF:$3 / $3Sq Ft:550 / 550DOM:267 / 267New:0Total:1
1 Beds
Avg:$1,899Median:$1,775Range:$1,000 – $2,672PSF:$2 / $2Sq Ft:936 / 888DOM:95 / 36New:0Total:10
2 Beds
Avg:$2,252Median:$2,325Range:$1,300 – $3,181PSF:$2 / $2Sq Ft:1,023 / 945DOM:26 / 16New:2Total:24
3 Beds
Avg:$2,989Median:$3,125Range:$2,500 – $3,300PSF:$2 / $2Sq Ft:1,727 / 1,672DOM:50 / 61New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,860 | $1,860 | $1,860 – $1,860 | $3 / $3 | 550 / 550 | 267 / 267 | 0 | 1 |
| 1 Beds | $1,899 | $1,775 | $1,000 – $2,672 | $2 / $2 | 936 / 888 | 95 / 36 | 0 | 10 |
| 2 Beds | $2,252 | $2,325 | $1,300 – $3,181 | $2 / $2 | 1,023 / 945 | 26 / 16 | 2 | 24 |
| 3 Beds | $2,989 | $3,125 | $2,500 – $3,300 | $2 / $2 | 1,727 / 1,672 | 50 / 61 | 2 | 7 |
6-Month Sales Trend
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:$459,900Median DOM:12New:16Total:50
Aug 2026
Median Price:$455,000Median DOM:12New:3Total:49
6-Month Rental Trend
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:$2,325Median DOM:33New:8Total:41
Aug 2026
Median Rent:$2,325Median DOM:36New:4Total:42
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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