ZIP 19123 Housing Market Report
Philadelphia Metro
Report period: March 2026
19123 Monthly Market Update – March 2026
ZIP 19123 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$600,000
−1.6%
Median DOM (Sales)
67
−28.0%
New Listings (Sales)
15
−53.1%
Median Rent
$1,975
+0.8%
Median DOM (Rental)
23
−4.2%
Total Rental Listings
602
−1.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (57 DOM)
- Fastest renting: Condo (8 DOM)
- Strongest bedroom: 8 Beds ($1,080,000 median)
Sales Market Overview
Median Price
$600,000
−1.6%
Median DOM
67
−28.0%
New Listings
15
−53.1%
Inventory
174
−0.6%
- Average Price: $698,698
- Median Price: $600,000
- Price Range: $159,000 – $6,500,000
- Price per Sq Ft (Avg/Median): $337 / $327
- Square Footage (Avg/Median): 2,084 / 1,908
- Square Footage Range: 651 – 6,574
- Days on Market (Avg/Median): 97 / 67
- Days on Market Range: 2 – 329
- New Listings: 15
- Total Listings: 174
Sales by Property Type
Condo
Avg/Median Price$563,387 / $459,000Range$159,000 – $6,500,000Price per Sq Ft$357 / $337Sq Ft1,484 / 1,359DOM99 / 80New8Total75
Land
Avg/Median Price$539,878 / $480,000Range$260,000 – $899,900Price per Sq Ft—Sq Ft—DOM132 / 141New1Total9
Multi-Family
Avg/Median Price$818,899 / $738,888Range$399,900 – $1,200,000Price per Sq Ft$290 / $258Sq Ft2,842 / 2,586DOM133 / 103New0Total12
Single Family
Avg/Median Price$361,900 / $299,900Range$285,900 – $499,900Price per Sq Ft$246 / $238Sq Ft1,452 / 1,264DOM145 / 176New0Total3
Townhouse
Avg/Median Price$847,306 / $799,000Range$279,900 – $1,925,000Price per Sq Ft$327 / $323Sq Ft2,609 / 2,700DOM85 / 57New6Total75
Sales by Bedroom Count
Studio
Avg:$769,725Median:$229,900Range:$159,000 – $1,395,000PSF:$297 / $271Sq Ft:2,318 / 848DOM:134 / 85New:0Total:4
1 Beds
Avg:$333,498Median:$335,000Range:$189,000 – $540,000PSF:$344 / $339Sq Ft:992 / 924DOM:104 / 74New:3Total:27
2 Beds
Avg:$495,179Median:$499,000Range:$324,900 – $735,000PSF:$372 / $360Sq Ft:1,374 / 1,383DOM:81 / 59New:2Total:38
3 Beds
Avg:$748,522Median:$715,000Range:$279,900 – $1,399,000PSF:$309 / $287Sq Ft:2,440 / 2,357DOM:89 / 54New:8Total:59
4 Beds
Avg:$966,735Median:$975,000Range:$325,000 – $1,925,000PSF:$327 / $325Sq Ft:2,907 / 2,778DOM:99 / 67New:1Total:28
5 Beds
Avg:$3,699,500Median:$899,000Range:$899,000 – $6,500,000PSF:$671 / $353Sq Ft:4,562 / 2,550DOM:192 / 162New:0Total:2
6 Beds
Avg:$1,024,500Median:$850,000Range:$850,000 – $1,199,000PSF:$333 / $308Sq Ft:3,058 / 2,760DOM:186 / 186New:0Total:2
7 Beds
Avg:$725,000Median:$725,000Range:$725,000 – $725,000PSF:$275 / $275Sq Ft:2,640 / 2,640DOM:24 / 24New:0Total:1
8 Beds
Avg:$1,102,500Median:$1,080,000Range:$1,050,000 – $1,200,000PSF:$314 / $258Sq Ft:3,696 / 3,834DOM:127 / 103New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $769,725 | $229,900 | $159,000 – $1,395,000 | $297 / $271 | 2,318 / 848 | 134 / 85 | 0 | 4 |
| 1 Beds | $333,498 | $335,000 | $189,000 – $540,000 | $344 / $339 | 992 / 924 | 104 / 74 | 3 | 27 |
| 2 Beds | $495,179 | $499,000 | $324,900 – $735,000 | $372 / $360 | 1,374 / 1,383 | 81 / 59 | 2 | 38 |
| 3 Beds | $748,522 | $715,000 | $279,900 – $1,399,000 | $309 / $287 | 2,440 / 2,357 | 89 / 54 | 8 | 59 |
| 4 Beds | $966,735 | $975,000 | $325,000 – $1,925,000 | $327 / $325 | 2,907 / 2,778 | 99 / 67 | 1 | 28 |
| 5 Beds | $3,699,500 | $899,000 | $899,000 – $6,500,000 | $671 / $353 | 4,562 / 2,550 | 192 / 162 | 0 | 2 |
| 6 Beds | $1,024,500 | $850,000 | $850,000 – $1,199,000 | $333 / $308 | 3,058 / 2,760 | 186 / 186 | 0 | 2 |
| 7 Beds | $725,000 | $725,000 | $725,000 – $725,000 | $275 / $275 | 2,640 / 2,640 | 24 / 24 | 0 | 1 |
| 8 Beds | $1,102,500 | $1,080,000 | $1,050,000 – $1,200,000 | $314 / $258 | 3,696 / 3,834 | 127 / 103 | 0 | 4 |
Rental Market Overview
Median Rent
$1,975
+0.8%
Median DOM
23
−4.2%
New Listings
147
Inventory
602
−1.8%
- Average Rent: $2,178
- Median Rent: $1,975
- Rent Range: $895 – $8,329
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,096 / 740
- Square Footage Range: 260 – 13,160
- Days on Market (Avg/Median): 55 / 23
- Days on Market Range: 1 – 353
- New Listings: 147
- Total Listings: 602
Rentals by Property Type
Apartment
$1,896
Median DOM: 26
Inventory: 465
MoM: +0.8%
Condo
$2,200
Median DOM: 8
Inventory: 25
MoM: +0.8%
Single Family
$2,140
Median DOM: 15
Inventory: 49
MoM: +0.8%
Townhouse
$2,500
Median DOM: 31
Inventory: 63
MoM: +0.8%
Apartment
Avg/Median Rent$2,090 / $1,896Range$895 – $8,329Rent per Sq Ft$3 / $3Sq Ft878 / 673DOM55 / 26New118Total465
Condo
Avg/Median Rent$2,172 / $2,200Range$1,349 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,092 / 1,052DOM65 / 8New9Total25
Single Family
Avg/Median Rent$2,347 / $2,140Range$1,350 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,279 / 1,000DOM40 / 15New14Total49
Townhouse
Avg/Median Rent$2,698 / $2,500Range$1,100 – $5,000Rent per Sq Ft$2 / $2Sq Ft2,520 / 1,920DOM62 / 31New6Total63
Rentals by Bedroom Count
Studio
Avg:$1,539Median:$1,538Range:$895 – $3,100PSF:$3 / $3Sq Ft:631 / 450DOM:56 / 1New:28Total:96
1 Beds
Avg:$1,895Median:$1,825Range:$995 – $4,450PSF:$3 / $3Sq Ft:740 / 650DOM:52 / 16New:71Total:262
2 Beds
Avg:$2,467Median:$2,235Range:$1,250 – $8,329PSF:$2 / $2Sq Ft:1,535 / 1,080DOM:55 / 32New:36Total:169
3 Beds
Avg:$3,266Median:$3,100Range:$1,700 – $7,907PSF:$2 / $2Sq Ft:1,853 / 1,710DOM:65 / 35New:8Total:62
4 Beds
Avg:$3,753Median:$3,495Range:$2,000 – $5,000PSF:$2 / $2Sq Ft:2,232 / 1,980DOM:58 / 16New:4Total:12
5 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$1 / $1Sq Ft:2,816 / 2,816DOM:18 / 18New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,539 | $1,538 | $895 – $3,100 | $3 / $3 | 631 / 450 | 56 / 1 | 28 | 96 |
| 1 Beds | $1,895 | $1,825 | $995 – $4,450 | $3 / $3 | 740 / 650 | 52 / 16 | 71 | 262 |
| 2 Beds | $2,467 | $2,235 | $1,250 – $8,329 | $2 / $2 | 1,535 / 1,080 | 55 / 32 | 36 | 169 |
| 3 Beds | $3,266 | $3,100 | $1,700 – $7,907 | $2 / $2 | 1,853 / 1,710 | 65 / 35 | 8 | 62 |
| 4 Beds | $3,753 | $3,495 | $2,000 – $5,000 | $2 / $2 | 2,232 / 1,980 | 58 / 16 | 4 | 12 |
| 5 Beds | $2,500 | $2,500 | $2,500 – $2,500 | $1 / $1 | 2,816 / 2,816 | 18 / 18 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$590,000Median DOM:73New:46Total:252
Nov 2025
Median Price:$590,000Median DOM:83New:19Total:237
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:$600,000Median DOM:67New:15Total:174
6-Month Rental Trend
Oct 2025
Median Rent:$2,000Median DOM:28New:248Total:637
Nov 2025
Median Rent:$1,999Median DOM:26New:225Total:622
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:23New:147Total:602
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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