ZIP 19040 Housing Market Report
Philadelphia Metro
Report period: May 2026
19040 Monthly Market Update – May 2026
ZIP 19040 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$444,900
+1.1%
Median DOM (Sales)
11
+10.0%
New Listings (Sales)
3
−87.5%
Median Rent
$2,375
−5.0%
Median DOM (Rental)
18
−21.7%
Total Rental Listings
56
−1.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (7 DOM)
- Fastest renting: Single Family (11 DOM)
- Strongest bedroom: 7 Beds ($650,000 median)
Sales Market Overview
Median Price
$444,900
+1.1%
Median DOM
11
+10.0%
New Listings
3
−87.5%
Inventory
55
+12.2%
- Average Price: $447,418
- Median Price: $444,900
- Price Range: $210,000 – $684,900
- Price per Sq Ft (Avg/Median): $285 / $278
- Square Footage (Avg/Median): 1,645 / 1,558
- Square Footage Range: 816 – 3,448
- Days on Market (Avg/Median): 25 / 11
- Days on Market Range: 3 – 154
- New Listings: 3
- Total Listings: 55
Sales by Property Type
Condo
Avg/Median Price$300,000 / $340,000Range$220,000 – $340,000Price per Sq Ft$268 / $239Sq Ft1,149 / 988DOM9 / 8New0Total3
Land
Avg/Median Price$525,000 / $525,000Range$525,000 – $525,000Price per Sq Ft—Sq Ft—DOM—New0Total1
Multi-Family
Avg/Median Price$650,000 / $650,000Range$650,000 – $650,000Price per Sq Ft$189 / $189Sq Ft3,448 / 3,448DOM154 / 154New0Total1
Single Family
Avg/Median Price$454,407 / $449,900Range$210,000 – $684,900Price per Sq Ft$287 / $285Sq Ft1,660 / 1,568DOM25 / 11New2Total45
Townhouse
Avg/Median Price$416,940 / $400,000Range$325,000 – $499,900Price per Sq Ft$298 / $301Sq Ft1,444 / 1,214DOM11 / 7New1Total5
Sales by Bedroom Count
2 Beds
Avg:$320,980Median:$340,000Range:$210,000 – $449,900PSF:$291 / $239Sq Ft:1,194 / 988DOM:12 / 13New:0Total:5
3 Beds
Avg:$444,717Median:$439,900Range:$325,000 – $600,000PSF:$294 / $289Sq Ft:1,571 / 1,558DOM:20 / 11New:2Total:41
4 Beds
Avg:$528,283Median:$510,000Range:$429,900 – $684,900PSF:$263 / $274Sq Ft:2,040 / 1,860DOM:54 / 19New:1Total:6
6 Beds
Avg:$425,000Median:$425,000Range:$425,000 – $425,000PSF:$154 / $154Sq Ft:2,756 / 2,756DOM:6 / 6New:0Total:1
7 Beds
Avg:$650,000Median:$650,000Range:$650,000 – $650,000PSF:$189 / $189Sq Ft:3,448 / 3,448DOM:154 / 154New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $320,980 | $340,000 | $210,000 – $449,900 | $291 / $239 | 1,194 / 988 | 12 / 13 | 0 | 5 |
| 3 Beds | $444,717 | $439,900 | $325,000 – $600,000 | $294 / $289 | 1,571 / 1,558 | 20 / 11 | 2 | 41 |
| 4 Beds | $528,283 | $510,000 | $429,900 – $684,900 | $263 / $274 | 2,040 / 1,860 | 54 / 19 | 1 | 6 |
| 6 Beds | $425,000 | $425,000 | $425,000 – $425,000 | $154 / $154 | 2,756 / 2,756 | 6 / 6 | 0 | 1 |
| 7 Beds | $650,000 | $650,000 | $650,000 – $650,000 | $189 / $189 | 3,448 / 3,448 | 154 / 154 | 0 | 1 |
Rental Market Overview
Median Rent
$2,375
−5.0%
Median DOM
18
−21.7%
New Listings
5
Inventory
56
−1.8%
- Average Rent: $2,410
- Median Rent: $2,375
- Rent Range: $1,100 – $3,531
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,172 / 1,103
- Square Footage Range: 550 – 2,200
- Days on Market (Avg/Median): 71 / 18
- Days on Market Range: 1 – 359
- New Listings: 5
- Total Listings: 56
Rentals by Property Type
Apartment
$2,300
Median DOM: 47
Inventory: 39
MoM: −5.0%
Condo
—
Median DOM: —
Inventory: —
MoM: −5.0%
Single Family
$2,500
Median DOM: 11
Inventory: 7
MoM: −5.0%
Townhouse
$3,000
Median DOM: 18
Inventory: 10
MoM: −5.0%
Apartment
Avg/Median Rent$2,291 / $2,300Range$1,100 – $3,531Rent per Sq Ft$2 / $3Sq Ft1,018 / 1,000DOM104 / 47New4Total39
Single Family
Avg/Median Rent$2,421 / $2,500Range$1,950 – $2,850Rent per Sq Ft$2 / $2Sq Ft1,297 / 1,140DOM10 / 11New0Total7
Townhouse
Avg/Median Rent$2,867 / $3,000Range$2,325 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,579 / 1,672DOM51 / 18New1Total10
Rentals by Bedroom Count
Studio
Avg:$1,628Median:$1,395Range:$1,395 – $1,860PSF:$3 / $3Sq Ft:550 / 550DOM:112 / 48New:0Total:2
1 Beds
Avg:$1,980Median:$1,825Range:$1,100 – $2,780PSF:$2 / $2Sq Ft:865 / 888DOM:147 / 72New:1Total:10
2 Beds
Avg:$2,429Median:$2,325Range:$1,425 – $3,531PSF:$2 / $3Sq Ft:1,056 / 1,000DOM:71 / 17New:3Total:29
3 Beds
Avg:$2,773Median:$2,600Range:$2,050 – $3,400PSF:$2 / $2Sq Ft:1,562 / 1,500DOM:44 / 21New:1Total:13
4 Beds
Avg:$2,850Median:$2,850Range:$2,850 – $2,850PSF:$2 / $2Sq Ft:1,750 / 1,750DOM:1 / 1New:0Total:1
5 Beds
Avg:$2,600Median:$2,600Range:$2,600 – $2,600PSF:$2 / $2Sq Ft:1,708 / 1,708DOM:23 / 23New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,628 | $1,395 | $1,395 – $1,860 | $3 / $3 | 550 / 550 | 112 / 48 | 0 | 2 |
| 1 Beds | $1,980 | $1,825 | $1,100 – $2,780 | $2 / $2 | 865 / 888 | 147 / 72 | 1 | 10 |
| 2 Beds | $2,429 | $2,325 | $1,425 – $3,531 | $2 / $3 | 1,056 / 1,000 | 71 / 17 | 3 | 29 |
| 3 Beds | $2,773 | $2,600 | $2,050 – $3,400 | $2 / $2 | 1,562 / 1,500 | 44 / 21 | 1 | 13 |
| 4 Beds | $2,850 | $2,850 | $2,850 – $2,850 | $2 / $2 | 1,750 / 1,750 | 1 / 1 | 0 | 1 |
| 5 Beds | $2,600 | $2,600 | $2,600 – $2,600 | $2 / $2 | 1,708 / 1,708 | 23 / 23 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$459,900Median DOM:32New:9Total:47
Jan 2026
Median Price:$459,900Median DOM:28New:8Total:38
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:$444,900Median DOM:11New:3Total:55
6-Month Rental Trend
Dec 2025
Median Rent:$2,450Median DOM:190New:11Total:59
Jan 2026
Median Rent:$2,450Median DOM:155New:9Total:55
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:$2,375Median DOM:18New:5Total:56
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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