ZIP 19123 Housing Market Report
Philadelphia Metro
Report period: May 2026
19123 Monthly Market Update – May 2026
ZIP 19123 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$639,000
+3.9%
Median DOM (Sales)
63
0.0%
New Listings (Sales)
14
−57.6%
Median Rent
$1,975
−2.9%
Median DOM (Rental)
13
−38.1%
Total Rental Listings
902
+8.7%
Month-over-Month Movement
Median sale prices moved higher. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (39 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($1,199,999 median)
Sales Market Overview
Median Price
$639,000
+3.9%
Median DOM
63
0.0%
New Listings
14
−57.6%
Inventory
190
+3.3%
- Average Price: $739,628
- Median Price: $639,000
- Price Range: $149,000 – $5,995,000
- Price per Sq Ft (Avg/Median): $336 / $324
- Square Footage (Avg/Median): 2,152 / 1,980
- Square Footage Range: 675 – 6,574
- Days on Market (Avg/Median): 97 / 63
- Days on Market Range: 1 – 362
- New Listings: 14
- Total Listings: 190
Sales by Property Type
Condo
Avg/Median Price$541,348 / $439,000Range$149,000 – $5,995,000Price per Sq Ft$357 / $332Sq Ft1,433 / 1,268DOM97 / 68New7Total79
Land
Avg/Median Price$812,223 / $749,000Range$260,000 – $3,500,000Price per Sq Ft—Sq Ft—DOM144 / 102New1Total13
Multi-Family
Avg/Median Price$811,319 / $738,888Range$399,900 – $1,280,000Price per Sq Ft$292 / $288Sq Ft2,771 / 2,760DOM91 / 61New0Total15
Single Family
Avg/Median Price$712,450 / $499,900Range$499,900 – $925,000Price per Sq Ft$310 / $273Sq Ft2,250 / 1,831DOM141 / 39New0Total2
Townhouse
Avg/Median Price$908,755 / $850,000Range$299,000 – $2,200,000Price per Sq Ft$323 / $318Sq Ft2,776 / 2,756DOM90 / 53New6Total81
Sales by Bedroom Count
Studio
Avg:$211,333Median:$175,000Range:$149,000 – $310,000PSF:$242 / $239Sq Ft:853 / 731DOM:34 / 17New:1Total:3
1 Beds
Avg:$320,455Median:$329,000Range:$189,000 – $525,000PSF:$336 / $330Sq Ft:974 / 924DOM:103 / 67New:2Total:28
2 Beds
Avg:$509,602Median:$499,000Range:$325,000 – $925,000PSF:$375 / $369Sq Ft:1,396 / 1,455DOM:80 / 60New:4Total:39
3 Beds
Avg:$763,118Median:$720,000Range:$389,990 – $1,295,000PSF:$310 / $307Sq Ft:2,482 / 2,408DOM:108 / 67New:3Total:56
4 Beds
Avg:$970,445Median:$950,000Range:$299,000 – $1,895,000PSF:$322 / $329Sq Ft:2,940 / 2,835DOM:99 / 61New:0Total:35
5 Beds
Avg:$2,003,800Median:$850,000Range:$599,000 – $5,995,000PSF:$414 / $333Sq Ft:4,063 / 4,100DOM:73 / 33New:1Total:5
6 Beds
Avg:$1,454,000Median:$1,080,000Range:$795,000 – $2,200,000PSF:$393 / $322Sq Ft:3,547 / 3,357DOM:18 / 9New:2Total:5
7 Beds
Avg:$710,000Median:$710,000Range:$710,000 – $710,000PSF:$269 / $269Sq Ft:2,640 / 2,640DOM:64 / 64New:0Total:1
8 Beds
Avg:$1,158,000Median:$1,199,999Range:$1,030,000 – $1,280,000PSF:$332 / $293Sq Ft:3,620 / 3,834DOM:85 / 62New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $211,333 | $175,000 | $149,000 – $310,000 | $242 / $239 | 853 / 731 | 34 / 17 | 1 | 3 |
| 1 Beds | $320,455 | $329,000 | $189,000 – $525,000 | $336 / $330 | 974 / 924 | 103 / 67 | 2 | 28 |
| 2 Beds | $509,602 | $499,000 | $325,000 – $925,000 | $375 / $369 | 1,396 / 1,455 | 80 / 60 | 4 | 39 |
| 3 Beds | $763,118 | $720,000 | $389,990 – $1,295,000 | $310 / $307 | 2,482 / 2,408 | 108 / 67 | 3 | 56 |
| 4 Beds | $970,445 | $950,000 | $299,000 – $1,895,000 | $322 / $329 | 2,940 / 2,835 | 99 / 61 | 0 | 35 |
| 5 Beds | $2,003,800 | $850,000 | $599,000 – $5,995,000 | $414 / $333 | 4,063 / 4,100 | 73 / 33 | 1 | 5 |
| 6 Beds | $1,454,000 | $1,080,000 | $795,000 – $2,200,000 | $393 / $322 | 3,547 / 3,357 | 18 / 9 | 2 | 5 |
| 7 Beds | $710,000 | $710,000 | $710,000 – $710,000 | $269 / $269 | 2,640 / 2,640 | 64 / 64 | 0 | 1 |
| 8 Beds | $1,158,000 | $1,199,999 | $1,030,000 – $1,280,000 | $332 / $293 | 3,620 / 3,834 | 85 / 62 | 0 | 5 |
Rental Market Overview
Median Rent
$1,975
−2.9%
Median DOM
13
−38.1%
New Listings
262
Inventory
902
+8.7%
- Average Rent: $2,234
- Median Rent: $1,975
- Rent Range: $800 – $8,121
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 962 / 658
- Square Footage Range: 300 – 13,160
- Days on Market (Avg/Median): 35 / 13
- Days on Market Range: 1 – 365
- New Listings: 262
- Total Listings: 902
Rentals by Property Type
Apartment
$1,886
Median DOM: 13
Inventory: 746
MoM: −2.9%
Condo
$1,925
Median DOM: 1
Inventory: 21
MoM: −2.9%
Single Family
$2,395
Median DOM: 12
Inventory: 71
MoM: −2.9%
Townhouse
$2,600
Median DOM: 23
Inventory: 64
MoM: −2.9%
Apartment
Avg/Median Rent$2,154 / $1,886Range$975 – $8,121Rent per Sq Ft$3 / $3Sq Ft764 / 602DOM35 / 13New224Total746
Condo
Avg/Median Rent$2,100 / $1,925Range$1,310 – $4,000Rent per Sq Ft$2 / $2Sq Ft945 / 914DOM38 / 1New5Total21
Single Family
Avg/Median Rent$2,540 / $2,395Range$800 – $4,800Rent per Sq Ft$2 / $3Sq Ft1,520 / 1,100DOM29 / 12New24Total71
Townhouse
Avg/Median Rent$2,874 / $2,600Range$1,100 – $6,950Rent per Sq Ft$2 / $2Sq Ft2,578 / 2,295DOM47 / 23New9Total64
Rentals by Bedroom Count
Studio
Avg:$1,610Median:$1,579Range:$975 – $4,306PSF:$3 / $3Sq Ft:600 / 448DOM:26 / 9New:129Total:207
1 Beds
Avg:$2,010Median:$1,996Range:$1,025 – $4,510PSF:$3 / $3Sq Ft:748 / 610DOM:38 / 23New:75Total:401
2 Beds
Avg:$2,692Median:$2,495Range:$800 – $8,121PSF:$3 / $3Sq Ft:1,276 / 1,000DOM:35 / 22New:37Total:200
3 Beds
Avg:$3,528Median:$3,695Range:$1,699 – $6,665PSF:$2 / $2Sq Ft:2,044 / 1,790DOM:44 / 14New:17Total:76
4 Beds
Avg:$3,843Median:$3,600Range:$2,700 – $6,950PSF:$2 / $2Sq Ft:2,161 / 1,980DOM:43 / 21New:3Total:17
6 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$2 / $2Sq Ft:2,400 / 2,400DOM:4 / 4New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,610 | $1,579 | $975 – $4,306 | $3 / $3 | 600 / 448 | 26 / 9 | 129 | 207 |
| 1 Beds | $2,010 | $1,996 | $1,025 – $4,510 | $3 / $3 | 748 / 610 | 38 / 23 | 75 | 401 |
| 2 Beds | $2,692 | $2,495 | $800 – $8,121 | $3 / $3 | 1,276 / 1,000 | 35 / 22 | 37 | 200 |
| 3 Beds | $3,528 | $3,695 | $1,699 – $6,665 | $2 / $2 | 2,044 / 1,790 | 44 / 14 | 17 | 76 |
| 4 Beds | $3,843 | $3,600 | $2,700 – $6,950 | $2 / $2 | 2,161 / 1,980 | 43 / 21 | 3 | 17 |
| 6 Beds | $4,000 | $4,000 | $4,000 – $4,000 | $2 / $2 | 2,400 / 2,400 | 4 / 4 | 1 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$580,000Median DOM:105New:15Total:197
Jan 2026
Median Price:$599,900Median DOM:108New:31Total:185
Feb 2026
Median Price:$610,000Median DOM:93New:32Total:175
Mar 2026
Median Price:$610,000Median DOM:67New:38Total:176
Apr 2026
Median Price:$615,000Median DOM:63New:33Total:184
May 2026
Median Price:$639,000Median DOM:63New:14Total:190
6-Month Rental Trend
Dec 2025
Median Rent:$1,975Median DOM:36New:197Total:573
Jan 2026
Median Rent:$1,950Median DOM:27New:225Total:572
Feb 2026
Median Rent:$1,960Median DOM:24New:222Total:613
Mar 2026
Median Rent:$1,975Median DOM:13New:313Total:673
Apr 2026
Median Rent:$2,033Median DOM:21New:397Total:830
May 2026
Median Rent:$1,975Median DOM:13New:262Total:902
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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