ZIP 19118 Housing Market Report
Philadelphia Metro
Report period: May 2026
19118 Monthly Market Update – May 2026
ZIP 19118 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$925,000
0.0%
Median DOM (Sales)
23
+27.8%
New Listings (Sales)
5
−68.8%
Median Rent
$1,671
+1.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
64
0.0%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher.
What's Moving Fastest
- Fastest selling: Townhouse (11 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($1,995,000 median)
Sales Market Overview
Median Price
$925,000
0.0%
Median DOM
23
+27.8%
New Listings
5
−68.8%
Inventory
43
+13.2%
- Average Price: $1,443,986
- Median Price: $925,000
- Price Range: $225,000 – $3,900,000
- Price per Sq Ft (Avg/Median): $448 / $444
- Square Footage (Avg/Median): 3,279 / 2,610
- Square Footage Range: 1,140 – 8,550
- Days on Market (Avg/Median): 45 / 23
- Days on Market Range: 3 – 234
- New Listings: 5
- Total Listings: 43
Sales by Property Type
Condo
Avg/Median Price$1,257,500 / $595,000Range$239,999 – $2,995,000Price per Sq Ft$555 / $673Sq Ft2,132 / 1,566DOM89 / 34New1Total6
Land
Avg/Median Price$951,667 / $550,000Range$430,000 – $1,875,000Price per Sq Ft—Sq Ft—DOM21 / 21New0Total3
Multi-Family
Avg/Median Price$787,500 / $695,000Range$695,000 – $880,000Price per Sq Ft$257 / $203Sq Ft3,279 / 2,232DOM186 / 158New0Total2
Single Family
Avg/Median Price$2,085,882 / $1,995,000Range$875,000 – $3,900,000Price per Sq Ft$464 / $456Sq Ft4,556 / 4,383DOM33 / 13New2Total17
Townhouse
Avg/Median Price$977,093 / $750,000Range$225,000 – $2,100,500Price per Sq Ft$419 / $375Sq Ft2,215 / 2,287DOM24 / 11New2Total15
Sales by Bedroom Count
2 Beds
Avg:$534,166Median:$595,000Range:$225,000 – $895,000PSF:$405 / $408Sq Ft:1,265 / 1,156DOM:66 / 27New:0Total:6
3 Beds
Avg:$1,151,490Median:$845,000Range:$324,999 – $2,995,000PSF:$496 / $447Sq Ft:2,129 / 1,908DOM:51 / 11New:2Total:10
4 Beds
Avg:$1,829,708Median:$1,900,500Range:$695,000 – $3,900,000PSF:$477 / $456Sq Ft:3,721 / 3,234DOM:37 / 11New:2Total:12
5 Beds
Avg:$1,742,857Median:$1,765,000Range:$630,000 – $2,995,000PSF:$402 / $406Sq Ft:4,224 / 4,343DOM:28 / 8New:0Total:7
6 Beds
Avg:$2,091,250Median:$1,395,000Range:$880,000 – $3,795,000PSF:$383 / $318Sq Ft:5,328 / 4,326DOM:69 / 25New:1Total:4
8 Beds
Avg:$1,995,000Median:$1,995,000Range:$1,995,000 – $1,995,000PSF:$420 / $420Sq Ft:4,752 / 4,752DOM:18 / 18New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $534,166 | $595,000 | $225,000 – $895,000 | $405 / $408 | 1,265 / 1,156 | 66 / 27 | 0 | 6 |
| 3 Beds | $1,151,490 | $845,000 | $324,999 – $2,995,000 | $496 / $447 | 2,129 / 1,908 | 51 / 11 | 2 | 10 |
| 4 Beds | $1,829,708 | $1,900,500 | $695,000 – $3,900,000 | $477 / $456 | 3,721 / 3,234 | 37 / 11 | 2 | 12 |
| 5 Beds | $1,742,857 | $1,765,000 | $630,000 – $2,995,000 | $402 / $406 | 4,224 / 4,343 | 28 / 8 | 0 | 7 |
| 6 Beds | $2,091,250 | $1,395,000 | $880,000 – $3,795,000 | $383 / $318 | 5,328 / 4,326 | 69 / 25 | 1 | 4 |
| 8 Beds | $1,995,000 | $1,995,000 | $1,995,000 – $1,995,000 | $420 / $420 | 4,752 / 4,752 | 18 / 18 | 0 | 1 |
Rental Market Overview
Median Rent
$1,671
+1.3%
Median DOM
1
0.0%
New Listings
15
Inventory
64
0.0%
- Average Rent: $1,982
- Median Rent: $1,671
- Rent Range: $1,188 – $4,135
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,182 / 875
- Square Footage Range: 313 – 5,040
- Days on Market (Avg/Median): 37 / 1
- Days on Market Range: 1 – 328
- New Listings: 15
- Total Listings: 64
Rentals by Property Type
Apartment
$1,425
Median DOM: 81
Inventory: 17
MoM: +1.3%
Condo
$1,671
Median DOM: 1
Inventory: 35
MoM: +1.3%
Single Family
$2,100
Median DOM: 15
Inventory: 6
MoM: +1.3%
Townhouse
$3,000
Median DOM: 38
Inventory: 6
MoM: +1.3%
Apartment
Avg/Median Rent$1,915 / $1,425Range$1,195 – $4,135Rent per Sq Ft$2 / $2Sq Ft1,318 / 700DOM94 / 81New1Total17
Condo
Avg/Median Rent$1,785 / $1,671Range$1,188 – $3,795Rent per Sq Ft$2 / $2Sq Ft922 / 875DOM6 / 1New13Total35
Single Family
Avg/Median Rent$2,491 / $2,100Range$1,595 – $4,100Rent per Sq Ft$2 / $1Sq Ft1,778 / 1,500DOM34 / 15New1Total6
Townhouse
Avg/Median Rent$2,808 / $3,000Range$1,950 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,714 / 1,500DOM113 / 38New0Total6
Rentals by Bedroom Count
Studio
Avg:$1,292Median:$1,287Range:$1,188 – $1,449PSF:$3 / $3Sq Ft:484 / 450DOM:38 / 1New:5Total:12
1 Beds
Avg:$1,777Median:$1,648Range:$1,230 – $3,310PSF:$2 / $2Sq Ft:1,266 / 875DOM:27 / 1New:6Total:28
2 Beds
Avg:$2,183Median:$1,950Range:$1,550 – $4,135PSF:$2 / $2Sq Ft:1,209 / 1,200DOM:28 / 1New:3Total:14
3 Beds
Avg:$3,040Median:$3,000Range:$2,408 – $4,100PSF:$2 / $2Sq Ft:1,657 / 1,500DOM:42 / 6New:1Total:8
4 Beds
Avg:$3,350Median:$3,200Range:$3,200 – $3,500PSF:$2 / $1Sq Ft:2,100 / 1,500DOM:183 / 38New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,292 | $1,287 | $1,188 – $1,449 | $3 / $3 | 484 / 450 | 38 / 1 | 5 | 12 |
| 1 Beds | $1,777 | $1,648 | $1,230 – $3,310 | $2 / $2 | 1,266 / 875 | 27 / 1 | 6 | 28 |
| 2 Beds | $2,183 | $1,950 | $1,550 – $4,135 | $2 / $2 | 1,209 / 1,200 | 28 / 1 | 3 | 14 |
| 3 Beds | $3,040 | $3,000 | $2,408 – $4,100 | $2 / $2 | 1,657 / 1,500 | 42 / 6 | 1 | 8 |
| 4 Beds | $3,350 | $3,200 | $3,200 – $3,500 | $2 / $1 | 2,100 / 1,500 | 183 / 38 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$1,295,000Median DOM:68New:6Total:35
Jan 2026
Median Price:$939,000Median DOM:44New:7Total:35
Feb 2026
Median Price:$825,000Median DOM:30New:5Total:30
Mar 2026
Median Price:$889,000Median DOM:23New:11Total:31
Apr 2026
Median Price:$925,000Median DOM:18New:16Total:38
May 2026
Median Price:$925,000Median DOM:23New:5Total:43
6-Month Rental Trend
Dec 2025
Median Rent:$1,797Median DOM:1New:40Total:63
Jan 2026
Median Rent:$1,701Median DOM:1New:43Total:72
Feb 2026
Median Rent:$1,668Median DOM:1New:41Total:72
Mar 2026
Median Rent:$1,650Median DOM:1New:35Total:70
Apr 2026
Median Rent:$1,650Median DOM:1New:32Total:64
May 2026
Median Rent:$1,671Median DOM:1New:15Total:64
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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.
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