ZIP 19118 Housing Market Report
Philadelphia Metro
Report period: August 2026
19118 Monthly Market Update – August 2026
ZIP 19118 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$880,000
0.0%
Median DOM (Sales)
55
+10.0%
New Listings (Sales)
1
−85.7%
Median Rent
$1,643
−0.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
84
−3.4%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (41 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,395,000 median)
Sales Market Overview
Median Price
$880,000
0.0%
Median DOM
55
+10.0%
New Listings
1
−85.7%
Inventory
53
−11.7%
- Average Price: $1,280,811
- Median Price: $880,000
- Price Range: $229,900 – $3,795,000
- Price per Sq Ft (Avg/Median): $433 / $390
- Square Footage (Avg/Median): 3,001 / 2,340
- Square Footage Range: 1,140 – 8,550
- Days on Market (Avg/Median): 75 / 55
- Days on Market Range: 5 – 310
- New Listings: 1
- Total Listings: 53
Sales by Property Type
Condo
Avg/Median Price$1,309,975 / $895,000Range$229,900 – $2,995,000Price per Sq Ft$592 / $599Sq Ft2,136 / 1,330DOM140 / 105New0Total8
Land
Avg/Median Price$565,000 / $430,000Range$430,000 – $700,000Price per Sq Ft—Sq Ft—DOM69 / 65New0Total2
Multi-Family
Avg/Median Price$787,500 / $695,000Range$695,000 – $880,000Price per Sq Ft$257 / $203Sq Ft3,279 / 2,232DOM303 / 303New0Total2
Single Family
Avg/Median Price$1,923,412 / $2,000,000Range$550,000 – $3,795,000Price per Sq Ft$421 / $444Sq Ft4,535 / 4,230DOM56 / 53New0Total17
Townhouse
Avg/Median Price$916,675 / $775,000Range$275,000 – $2,100,500Price per Sq Ft$416 / $386Sq Ft2,108 / 1,920DOM48 / 41New1Total24
Sales by Bedroom Count
1 Beds
Avg:$395,000Median:$395,000Range:$395,000 – $395,000PSF:$280 / $280Sq Ft:1,409 / 1,409DOM:34 / 34New:0Total:1
2 Beds
Avg:$731,725Median:$589,000Range:$229,900 – $1,495,000PSF:$435 / $390Sq Ft:1,420 / 1,156DOM:101 / 78New:0Total:8
3 Beds
Avg:$1,141,062Median:$795,000Range:$409,900 – $2,995,000PSF:$454 / $367Sq Ft:2,360 / 2,232DOM:94 / 65New:0Total:13
4 Beds
Avg:$1,524,962Median:$925,000Range:$699,000 – $3,750,000PSF:$459 / $421Sq Ft:3,315 / 2,394DOM:45 / 40New:1Total:16
5 Beds
Avg:$1,510,111Median:$1,395,000Range:$599,000 – $2,700,000PSF:$396 / $389Sq Ft:3,779 / 2,841DOM:69 / 54New:0Total:9
6 Beds
Avg:$1,920,000Median:$880,000Range:$810,000 – $3,795,000PSF:$379 / $350Sq Ft:4,855 / 4,230DOM:109 / 55New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $395,000 | $395,000 | $395,000 – $395,000 | $280 / $280 | 1,409 / 1,409 | 34 / 34 | 0 | 1 |
| 2 Beds | $731,725 | $589,000 | $229,900 – $1,495,000 | $435 / $390 | 1,420 / 1,156 | 101 / 78 | 0 | 8 |
| 3 Beds | $1,141,062 | $795,000 | $409,900 – $2,995,000 | $454 / $367 | 2,360 / 2,232 | 94 / 65 | 0 | 13 |
| 4 Beds | $1,524,962 | $925,000 | $699,000 – $3,750,000 | $459 / $421 | 3,315 / 2,394 | 45 / 40 | 1 | 16 |
| 5 Beds | $1,510,111 | $1,395,000 | $599,000 – $2,700,000 | $396 / $389 | 3,779 / 2,841 | 69 / 54 | 0 | 9 |
| 6 Beds | $1,920,000 | $880,000 | $810,000 – $3,795,000 | $379 / $350 | 4,855 / 4,230 | 109 / 55 | 0 | 4 |
Rental Market Overview
Median Rent
$1,643
−0.7%
Median DOM
1
0.0%
New Listings
42
Inventory
84
−3.4%
- Average Rent: $1,922
- Median Rent: $1,643
- Rent Range: $850 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 978 / 875
- Square Footage Range: 335 – 5,040
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 302
- New Listings: 42
- Total Listings: 84
Rentals by Property Type
Apartment
$1,650
Median DOM: 141
Inventory: 16
MoM: −0.7%
Condo
$1,598
Median DOM: 1
Inventory: 61
MoM: −0.7%
Single Family
$1,650
Median DOM: 23
Inventory: 3
MoM: −0.7%
Townhouse
$3,300
Median DOM: 15
Inventory: 4
MoM: −0.7%
Apartment
Avg/Median Rent$2,371 / $1,650Range$1,195 – $6,500Rent per Sq Ft$2 / $3Sq Ft1,224 / 863DOM133 / 141New1Total16
Condo
Avg/Median Rent$1,669 / $1,598Range$967 – $2,700Rent per Sq Ft$2 / $2Sq Ft850 / 875DOM1 / 1New40Total61
Single Family
Avg/Median Rent$2,783 / $1,650Range$850 – $5,850Rent per Sq Ft$2 / $2Sq Ft1,817 / 600DOM18 / 23New1Total3
Townhouse
Avg/Median Rent$3,336 / $3,300Range$3,250 – $3,495Rent per Sq Ft$2 / $2Sq Ft1,584 / 1,500DOM142 / 15New0Total4
Rentals by Bedroom Count
Studio
Avg:$1,237Median:$1,207Range:$967 – $1,440PSF:$3 / $3Sq Ft:489 / 450DOM:51 / 1New:6Total:13
1 Beds
Avg:$1,685Median:$1,594Range:$850 – $3,310PSF:$2 / $2Sq Ft:885 / 863DOM:24 / 1New:24Total:43
2 Beds
Avg:$2,360Median:$2,033Range:$1,600 – $6,500PSF:$2 / $2Sq Ft:1,260 / 1,200DOM:23 / 1New:10Total:23
3 Beds
Avg:$3,165Median:$3,300Range:$2,700 – $3,495PSF:$2 / $2Sq Ft:1,380 / 1,500DOM:84 / 14New:1Total:3
4 Beds
Avg:$3,300Median:$3,300Range:$3,300 – $3,300PSF:$2 / $2Sq Ft:1,735 / 1,735DOM:15 / 15New:0Total:1
5 Beds
Avg:$5,850Median:$5,850Range:$5,850 – $5,850PSF:$2 / $2Sq Ft:3,034 / 3,034DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,237 | $1,207 | $967 – $1,440 | $3 / $3 | 489 / 450 | 51 / 1 | 6 | 13 |
| 1 Beds | $1,685 | $1,594 | $850 – $3,310 | $2 / $2 | 885 / 863 | 24 / 1 | 24 | 43 |
| 2 Beds | $2,360 | $2,033 | $1,600 – $6,500 | $2 / $2 | 1,260 / 1,200 | 23 / 1 | 10 | 23 |
| 3 Beds | $3,165 | $3,300 | $2,700 – $3,495 | $2 / $2 | 1,380 / 1,500 | 84 / 14 | 1 | 3 |
| 4 Beds | $3,300 | $3,300 | $3,300 – $3,300 | $2 / $2 | 1,735 / 1,735 | 15 / 15 | 0 | 1 |
| 5 Beds | $5,850 | $5,850 | $5,850 – $5,850 | $2 / $2 | 3,034 / 3,034 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$889,000Median DOM:23New:11Total:31
Apr 2026
Median Price:$925,000Median DOM:18New:16Total:38
May 2026
Median Price:$995,000Median DOM:18New:24Total:53
Jun 2026
Median Price:$895,000Median DOM:22New:24Total:67
Jul 2026
Median Price:$880,000Median DOM:50New:7Total:60
Aug 2026
Median Price:$880,000Median DOM:55New:1Total:53
6-Month Rental Trend
Mar 2026
Median Rent:$1,650Median DOM:1New:35Total:70
Apr 2026
Median Rent:$1,650Median DOM:1New:32Total:64
May 2026
Median Rent:$1,799Median DOM:1New:34Total:68
Jun 2026
Median Rent:$1,675Median DOM:1New:41Total:74
Jul 2026
Median Rent:$1,655Median DOM:1New:59Total:87
Aug 2026
Median Rent:$1,643Median DOM:1New:42Total:84
Key Market Takeaways
Median sale prices held steady 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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