ZIP 19123 Housing Market Report
Philadelphia Metro
Report period: August 2026
19123 Monthly Market Update – August 2026
ZIP 19123 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$625,000
+0.0%
Median DOM (Sales)
62
−1.6%
New Listings (Sales)
12
−63.6%
Median Rent
$2,008
+0.4%
Median DOM (Rental)
25
−10.7%
Total Rental Listings
807
−3.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (40 DOM)
- Fastest renting: Single Family (9 DOM)
- Strongest bedroom: 6 Beds ($1,050,000 median)
Sales Market Overview
Median Price
$625,000
+0.0%
Median DOM
62
−1.6%
New Listings
12
−63.6%
Inventory
193
−1.5%
- Average Price: $736,584
- Median Price: $625,000
- Price Range: $79,999 – $6,299,900
- Price per Sq Ft (Avg/Median): $342 / $327
- Square Footage (Avg/Median): 2,129 / 1,920
- Square Footage Range: 583 – 6,574
- Days on Market (Avg/Median): 84 / 62
- Days on Market Range: 3 – 335
- New Listings: 12
- Total Listings: 193
Sales by Property Type
Condo
Avg/Median Price$634,681 / $475,000Range$175,000 – $6,299,900Price per Sq Ft$384 / $362Sq Ft1,475 / 1,178DOM86 / 57New2Total69
Land
Avg/Median Price$835,822 / $590,000Range$79,999 – $3,500,000Price per Sq Ft—Sq Ft—DOM141 / 125New0Total9
Multi-Family
Avg/Median Price$786,732 / $738,888Range$475,000 – $1,050,000Price per Sq Ft$278 / $269Sq Ft2,836 / 2,760DOM77 / 40New1Total12
Single Family
Avg/Median Price$875,000 / $875,000Range$875,000 – $875,000Price per Sq Ft$328 / $328Sq Ft2,668 / 2,668DOM89 / 89New0Total1
Townhouse
Avg/Median Price$789,506 / $715,000Range$240,000 – $1,875,000Price per Sq Ft$320 / $313Sq Ft2,493 / 2,383DOM77 / 55New9Total102
Sales by Bedroom Count
Studio
Avg:$218,225Median:$189,000Range:$175,000 – $299,000PSF:$299 / $271Sq Ft:750 / 583DOM:71 / 56New:0Total:4
1 Beds
Avg:$317,495Median:$315,000Range:$199,000 – $515,000PSF:$359 / $345Sq Ft:897 / 828DOM:59 / 41New:0Total:20
2 Beds
Avg:$500,158Median:$475,000Range:$299,000 – $899,900PSF:$380 / $387Sq Ft:1,350 / 1,359DOM:88 / 55New:3Total:41
3 Beds
Avg:$714,730Median:$684,900Range:$325,000 – $1,300,000PSF:$319 / $303Sq Ft:2,310 / 2,306DOM:74 / 61New:7Total:74
4 Beds
Avg:$942,882Median:$949,777Range:$250,000 – $1,799,000PSF:$321 / $323Sq Ft:2,877 / 2,668DOM:107 / 88New:1Total:29
5 Beds
Avg:$2,175,194Median:$875,000Range:$327,750 – $6,299,900PSF:$434 / $293Sq Ft:4,118 / 4,098DOM:90 / 87New:0Total:8
6 Beds
Avg:$1,238,800Median:$1,050,000Range:$599,000 – $1,875,000PSF:$315 / $302Sq Ft:3,831 / 3,357DOM:69 / 43New:0Total:5
8 Beds
Avg:$1,026,633Median:$1,030,000Range:$999,900 – $1,050,000PSF:$280 / $269Sq Ft:3,716 / 3,834DOM:58 / 40New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $218,225 | $189,000 | $175,000 – $299,000 | $299 / $271 | 750 / 583 | 71 / 56 | 0 | 4 |
| 1 Beds | $317,495 | $315,000 | $199,000 – $515,000 | $359 / $345 | 897 / 828 | 59 / 41 | 0 | 20 |
| 2 Beds | $500,158 | $475,000 | $299,000 – $899,900 | $380 / $387 | 1,350 / 1,359 | 88 / 55 | 3 | 41 |
| 3 Beds | $714,730 | $684,900 | $325,000 – $1,300,000 | $319 / $303 | 2,310 / 2,306 | 74 / 61 | 7 | 74 |
| 4 Beds | $942,882 | $949,777 | $250,000 – $1,799,000 | $321 / $323 | 2,877 / 2,668 | 107 / 88 | 1 | 29 |
| 5 Beds | $2,175,194 | $875,000 | $327,750 – $6,299,900 | $434 / $293 | 4,118 / 4,098 | 90 / 87 | 0 | 8 |
| 6 Beds | $1,238,800 | $1,050,000 | $599,000 – $1,875,000 | $315 / $302 | 3,831 / 3,357 | 69 / 43 | 0 | 5 |
| 8 Beds | $1,026,633 | $1,030,000 | $999,900 – $1,050,000 | $280 / $269 | 3,716 / 3,834 | 58 / 40 | 1 | 3 |
Rental Market Overview
Median Rent
$2,008
+0.4%
Median DOM
25
−10.7%
New Listings
146
Inventory
807
−3.8%
- Average Rent: $2,280
- Median Rent: $2,008
- Rent Range: $950 – $8,250
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,047 / 700
- Square Footage Range: 308 – 13,160
- Days on Market (Avg/Median): 53 / 25
- Days on Market Range: 1 – 345
- New Listings: 146
- Total Listings: 807
Rentals by Property Type
Apartment
$1,995
Median DOM: 28
Inventory: 656
MoM: +0.4%
Condo
$2,200
Median DOM: 16
Inventory: 24
MoM: +0.4%
Single Family
$2,560
Median DOM: 9
Inventory: 62
MoM: +0.4%
Townhouse
$2,550
Median DOM: 28
Inventory: 64
MoM: +0.4%
Apartment
Avg/Median Rent$2,194 / $1,995Range$990 – $7,808Rent per Sq Ft$3 / $3Sq Ft879 / 630DOM58 / 28New120Total656
Condo
Avg/Median Rent$2,337 / $2,200Range$1,195 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,026 / 1,018DOM37 / 16New3Total24
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM42 / 42New0Total1
Single Family
Avg/Median Rent$2,581 / $2,560Range$1,310 – $4,250Rent per Sq Ft$2 / $2Sq Ft1,291 / 1,102DOM16 / 9New18Total62
Townhouse
Avg/Median Rent$2,860 / $2,550Range$950 – $8,250Rent per Sq Ft$2 / $2Sq Ft2,472 / 2,094DOM49 / 28New5Total64
Rentals by Bedroom Count
Studio
Avg:$1,596Median:$1,538Range:$995 – $4,077PSF:$3 / $3Sq Ft:687 / 450DOM:33 / 10New:24Total:136
1 Beds
Avg:$1,994Median:$1,895Range:$950 – $4,716PSF:$3 / $3Sq Ft:780 / 602DOM:63 / 36New:70Total:375
2 Beds
Avg:$2,723Median:$2,579Range:$1,250 – $7,808PSF:$3 / $3Sq Ft:1,332 / 1,040DOM:53 / 28New:33Total:202
3 Beds
Avg:$3,323Median:$3,295Range:$1,510 – $7,256PSF:$2 / $2Sq Ft:1,879 / 1,790DOM:36 / 14New:18Total:66
4 Beds
Avg:$3,610Median:$3,495Range:$1,600 – $8,250PSF:$2 / $2Sq Ft:2,280 / 2,334DOM:43 / 27New:1Total:24
5 Beds
Avg:$4,785Median:$4,995Range:$3,400 – $5,745PSF:$2 / $2Sq Ft:2,866 / 2,646DOM:67 / 21New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,596 | $1,538 | $995 – $4,077 | $3 / $3 | 687 / 450 | 33 / 10 | 24 | 136 |
| 1 Beds | $1,994 | $1,895 | $950 – $4,716 | $3 / $3 | 780 / 602 | 63 / 36 | 70 | 375 |
| 2 Beds | $2,723 | $2,579 | $1,250 – $7,808 | $3 / $3 | 1,332 / 1,040 | 53 / 28 | 33 | 202 |
| 3 Beds | $3,323 | $3,295 | $1,510 – $7,256 | $2 / $2 | 1,879 / 1,790 | 36 / 14 | 18 | 66 |
| 4 Beds | $3,610 | $3,495 | $1,600 – $8,250 | $2 / $2 | 2,280 / 2,334 | 43 / 27 | 1 | 24 |
| 5 Beds | $4,785 | $4,995 | $3,400 – $5,745 | $2 / $2 | 2,866 / 2,646 | 67 / 21 | 0 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$610,000Median DOM:67New:38Total:176
Apr 2026
Median Price:$615,000Median DOM:63New:33Total:184
May 2026
Median Price:$625,000Median DOM:58New:47Total:195
Jun 2026
Median Price:$624,999Median DOM:58New:36Total:198
Jul 2026
Median Price:$624,999Median DOM:63New:33Total:196
Aug 2026
Median Price:$625,000Median DOM:62New:12Total:193
6-Month Rental Trend
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:25New:377Total:913
Jun 2026
Median Rent:$2,000Median DOM:23New:299Total:896
Jul 2026
Median Rent:$2,000Median DOM:28New:252Total:839
Aug 2026
Median Rent:$2,008Median DOM:25New:146Total:807
Key Market Takeaways
Median sale prices moved higher 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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