ZIP 19116 Housing Market Report
Philadelphia Metro
Report period: July 2026
19116 Monthly Market Update – July 2026
ZIP 19116 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$430,000
−2.1%
Median DOM (Sales)
21
−12.5%
New Listings (Sales)
6
−70.0%
Median Rent
$1,850
+1.4%
Median DOM (Rental)
30
+7.1%
Total Rental Listings
46
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (13 DOM)
- Fastest renting: Condo (12 DOM)
- Strongest bedroom: 7 Beds ($620,000 median)
Sales Market Overview
Median Price
$430,000
−2.1%
Median DOM
21
−12.5%
New Listings
6
−70.0%
Inventory
80
+9.6%
- Average Price: $440,551
- Median Price: $430,000
- Price Range: $165,000 – $769,000
- Price per Sq Ft (Avg/Median): $263 / $263
- Square Footage (Avg/Median): 1,713 / 1,683
- Square Footage Range: 642 – 3,182
- Days on Market (Avg/Median): 36 / 21
- Days on Market Range: 2 – 220
- New Listings: 6
- Total Listings: 80
Sales by Property Type
Condo
Avg/Median Price$286,425 / $269,900Range$165,000 – $369,900Price per Sq Ft$235 / $231Sq Ft1,280 / 1,074DOM43 / 40New1Total6
Land
Avg/Median Price$499,900 / $499,900Range$499,900 – $499,900Price per Sq Ft—Sq Ft—DOM—New0Total1
Multi-Family
Avg/Median Price$485,600 / $449,900Range$419,500 – $548,000Price per Sq Ft$269 / $284Sq Ft1,863 / 1,584DOM73 / 67New0Total4
Single Family
Avg/Median Price$516,031 / $475,000Range$360,000 – $769,000Price per Sq Ft$265 / $261Sq Ft2,006 / 2,030DOM32 / 13New2Total28
Townhouse
Avg/Median Price$405,716 / $409,900Range$279,000 – $519,900Price per Sq Ft$266 / $265Sq Ft1,562 / 1,474DOM34 / 17New3Total41
Sales by Bedroom Count
Studio
Avg:$548,000Median:$548,000Range:$548,000 – $548,000PSF:$297 / $297Sq Ft:1,844 / 1,844DOM:86 / 86New:0Total:1
1 Beds
Avg:$165,000Median:$165,000Range:$165,000 – $165,000PSF:$257 / $257Sq Ft:642 / 642DOM:11 / 11New:0Total:1
2 Beds
Avg:$340,710Median:$369,900Range:$269,750 – $385,000PSF:$246 / $251Sq Ft:1,432 / 1,366DOM:32 / 14New:1Total:5
3 Beds
Avg:$400,778Median:$409,000Range:$269,900 – $595,000PSF:$264 / $264Sq Ft:1,556 / 1,440DOM:33 / 21New:2Total:43
4 Beds
Avg:$519,413Median:$489,900Range:$349,995 – $769,000PSF:$264 / $261Sq Ft:2,015 / 2,030DOM:34 / 18New:3Total:27
6 Beds
Avg:$450,000Median:$450,000Range:$450,000 – $450,000PSF:$310 / $310Sq Ft:1,452 / 1,452DOM:220 / 220New:0Total:1
7 Beds
Avg:$620,000Median:$620,000Range:$620,000 – $620,000PSF:$210 / $210Sq Ft:2,954 / 2,954DOM:50 / 50New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $548,000 | $548,000 | $548,000 – $548,000 | $297 / $297 | 1,844 / 1,844 | 86 / 86 | 0 | 1 |
| 1 Beds | $165,000 | $165,000 | $165,000 – $165,000 | $257 / $257 | 642 / 642 | 11 / 11 | 0 | 1 |
| 2 Beds | $340,710 | $369,900 | $269,750 – $385,000 | $246 / $251 | 1,432 / 1,366 | 32 / 14 | 1 | 5 |
| 3 Beds | $400,778 | $409,000 | $269,900 – $595,000 | $264 / $264 | 1,556 / 1,440 | 33 / 21 | 2 | 43 |
| 4 Beds | $519,413 | $489,900 | $349,995 – $769,000 | $264 / $261 | 2,015 / 2,030 | 34 / 18 | 3 | 27 |
| 6 Beds | $450,000 | $450,000 | $450,000 – $450,000 | $310 / $310 | 1,452 / 1,452 | 220 / 220 | 0 | 1 |
| 7 Beds | $620,000 | $620,000 | $620,000 – $620,000 | $210 / $210 | 2,954 / 2,954 | 50 / 50 | 0 | 1 |
Rental Market Overview
Median Rent
$1,850
+1.4%
Median DOM
30
+7.1%
New Listings
4
Inventory
46
0.0%
- Average Rent: $2,117
- Median Rent: $1,850
- Rent Range: $1,150 – $3,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,494 / 1,554
- Square Footage Range: 459 – 2,956
- Days on Market (Avg/Median): 57 / 30
- Days on Market Range: 1 – 249
- New Listings: 4
- Total Listings: 46
Rentals by Property Type
Apartment
$1,500
Median DOM: 41
Inventory: 12
MoM: +1.4%
Condo
$1,850
Median DOM: 12
Inventory: 4
MoM: +1.4%
Single Family
$2,750
Median DOM: 25
Inventory: 17
MoM: +1.4%
Townhouse
$1,800
Median DOM: 43
Inventory: 13
MoM: +1.4%
Apartment
Avg/Median Rent$1,574 / $1,500Range$1,150 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,054 / 800DOM84 / 41New0Total12
Condo
Avg/Median Rent$1,925 / $1,850Range$1,750 – $2,100Rent per Sq Ft$2 / $2Sq Ft1,045 / 1,040DOM67 / 12New1Total4
Single Family
Avg/Median Rent$2,571 / $2,750Range$1,400 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,695 / 1,600DOM48 / 25New3Total17
Townhouse
Avg/Median Rent$2,085 / $1,800Range$1,400 – $3,400Rent per Sq Ft$1 / $1Sq Ft1,742 / 1,800DOM44 / 43New0Total13
Rentals by Bedroom Count
Studio
Avg:$1,204Median:$1,150Range:$1,150 – $1,258PSF:$3 / $2Sq Ft:464 / 459DOM:249 / 249New:0Total:2
1 Beds
Avg:$1,312Median:$1,285Range:$1,150 – $1,500PSF:$2 / $2Sq Ft:670 / 700DOM:100 / 7New:0Total:3
2 Beds
Avg:$1,800Median:$1,750Range:$1,350 – $2,800PSF:$1 / $1Sq Ft:1,393 / 1,366DOM:60 / 41New:2Total:22
3 Beds
Avg:$2,451Median:$2,600Range:$1,560 – $3,300PSF:$2 / $2Sq Ft:1,709 / 1,558DOM:51 / 35New:0Total:11
4 Beds
Avg:$3,071Median:$3,000Range:$2,000 – $3,800PSF:$1 / $1Sq Ft:2,114 / 2,060DOM:21 / 24New:1Total:7
6 Beds
Avg:$3,000Median:$3,000Range:$3,000 – $3,000PSF:$2 / $2Sq Ft:1,452 / 1,452DOM:9 / 9New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,204 | $1,150 | $1,150 – $1,258 | $3 / $2 | 464 / 459 | 249 / 249 | 0 | 2 |
| 1 Beds | $1,312 | $1,285 | $1,150 – $1,500 | $2 / $2 | 670 / 700 | 100 / 7 | 0 | 3 |
| 2 Beds | $1,800 | $1,750 | $1,350 – $2,800 | $1 / $1 | 1,393 / 1,366 | 60 / 41 | 2 | 22 |
| 3 Beds | $2,451 | $2,600 | $1,560 – $3,300 | $2 / $2 | 1,709 / 1,558 | 51 / 35 | 0 | 11 |
| 4 Beds | $3,071 | $3,000 | $2,000 – $3,800 | $1 / $1 | 2,114 / 2,060 | 21 / 24 | 1 | 7 |
| 6 Beds | $3,000 | $3,000 | $3,000 – $3,000 | $2 / $2 | 1,452 / 1,452 | 9 / 9 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$415,000Median DOM:52New:9Total:57
Mar 2026
Median Price:$425,000Median DOM:20New:33Total:75
Apr 2026
Median Price:$425,000Median DOM:17New:34Total:95
May 2026
Median Price:$435,000Median DOM:18New:27Total:93
Jun 2026
Median Price:$439,000Median DOM:24New:20Total:73
Jul 2026
Median Price:$430,000Median DOM:21New:6Total:80
6-Month Rental Trend
Feb 2026
Median Rent:$1,700Median DOM:34New:9Total:51
Mar 2026
Median Rent:$1,675Median DOM:44New:6Total:42
Apr 2026
Median Rent:$1,795Median DOM:55New:8Total:43
May 2026
Median Rent:$1,800Median DOM:50New:13Total:44
Jun 2026
Median Rent:$1,825Median DOM:28New:16Total:46
Jul 2026
Median Rent:$1,850Median DOM:30New:4Total:46
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory was flat.
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.
190021900319004190061901019012190131901819019190201902119023190251902619027190291903019031190321903319034190351903619038190401904119043190441904619047+46 more
← Back to Philadelphia Metro