ZIP 19123 Housing Market Report
Philadelphia Metro
Report period: July 2026
19123 Monthly Market Update – July 2026
ZIP 19123 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$605,000
−3.2%
Median DOM (Sales)
59
+1.7%
New Listings (Sales)
18
−50.0%
Median Rent
$2,000
0.0%
Median DOM (Rental)
25
+8.7%
Total Rental Listings
876
−2.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (45 DOM)
- Fastest renting: Single Family (8 DOM)
- Strongest bedroom: 6 Beds ($1,080,000 median)
Sales Market Overview
Median Price
$605,000
−3.2%
Median DOM
59
+1.7%
New Listings
18
−50.0%
Inventory
204
+3.0%
- Average Price: $715,840
- Median Price: $605,000
- Price Range: $89,900 – $6,299,900
- Price per Sq Ft (Avg/Median): $337 / $322
- Square Footage (Avg/Median): 2,103 / 1,915
- Square Footage Range: 583 – 6,574
- Days on Market (Avg/Median): 82 / 59
- Days on Market Range: 3 – 354
- New Listings: 18
- Total Listings: 204
Sales by Property Type
Condo
Avg/Median Price$615,227 / $450,000Range$175,000 – $6,299,900Price per Sq Ft$376 / $360Sq Ft1,469 / 1,178DOM83 / 60New11Total81
Land
Avg/Median Price$684,323 / $302,500Range$89,900 – $3,500,000Price per Sq Ft—Sq Ft—DOM144 / 111New0Total13
Multi-Family
Avg/Median Price$773,708 / $738,888Range$475,000 – $1,080,000Price per Sq Ft$290 / $305Sq Ft2,667 / 2,760DOM88 / 79New1Total11
Single Family
Avg/Median Price$1,037,500 / $875,000Range$875,000 – $1,200,000Price per Sq Ft$561 / $328Sq Ft2,090 / 1,512DOM92 / 89New0Total2
Townhouse
Avg/Median Price$790,887 / $738,000Range$150,000 – $1,875,000Price per Sq Ft$304 / $303Sq Ft2,584 / 2,458DOM72 / 45New6Total97
Sales by Bedroom Count
Studio
Avg:$226,200Median:$209,900Range:$175,000 – $310,000PSF:$310 / $281Sq Ft:750 / 583DOM:49 / 26New:0Total:4
1 Beds
Avg:$311,350Median:$315,000Range:$187,000 – $515,000PSF:$346 / $340Sq Ft:918 / 856DOM:52 / 32New:4Total:24
2 Beds
Avg:$495,977Median:$475,000Range:$299,000 – $925,000PSF:$374 / $382Sq Ft:1,367 / 1,455DOM:77 / 58New:5Total:47
3 Beds
Avg:$726,499Median:$715,000Range:$150,000 – $1,295,000PSF:$304 / $300Sq Ft:2,410 / 2,332DOM:77 / 48New:7Total:68
4 Beds
Avg:$900,832Median:$875,000Range:$250,000 – $1,799,000PSF:$325 / $314Sq Ft:2,774 / 2,548DOM:101 / 65New:0Total:33
5 Beds
Avg:$2,409,114Median:$875,000Range:$345,000 – $6,299,900PSF:$470 / $313Sq Ft:4,121 / 4,100DOM:98 / 69New:0Total:7
6 Beds
Avg:$1,244,800Median:$1,080,000Range:$599,000 – $1,875,000PSF:$317 / $302Sq Ft:3,831 / 3,357DOM:47 / 43New:1Total:5
8 Beds
Avg:$1,076,633Median:$1,030,000Range:$999,900 – $1,199,999PSF:$294 / $293Sq Ft:3,688 / 3,834DOM:76 / 95New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $226,200 | $209,900 | $175,000 – $310,000 | $310 / $281 | 750 / 583 | 49 / 26 | 0 | 4 |
| 1 Beds | $311,350 | $315,000 | $187,000 – $515,000 | $346 / $340 | 918 / 856 | 52 / 32 | 4 | 24 |
| 2 Beds | $495,977 | $475,000 | $299,000 – $925,000 | $374 / $382 | 1,367 / 1,455 | 77 / 58 | 5 | 47 |
| 3 Beds | $726,499 | $715,000 | $150,000 – $1,295,000 | $304 / $300 | 2,410 / 2,332 | 77 / 48 | 7 | 68 |
| 4 Beds | $900,832 | $875,000 | $250,000 – $1,799,000 | $325 / $314 | 2,774 / 2,548 | 101 / 65 | 0 | 33 |
| 5 Beds | $2,409,114 | $875,000 | $345,000 – $6,299,900 | $470 / $313 | 4,121 / 4,100 | 98 / 69 | 0 | 7 |
| 6 Beds | $1,244,800 | $1,080,000 | $599,000 – $1,875,000 | $317 / $302 | 3,831 / 3,357 | 47 / 43 | 1 | 5 |
| 8 Beds | $1,076,633 | $1,030,000 | $999,900 – $1,199,999 | $294 / $293 | 3,688 / 3,834 | 76 / 95 | 1 | 3 |
Rental Market Overview
Median Rent
$2,000
0.0%
Median DOM
25
+8.7%
New Listings
147
Inventory
876
−2.2%
- Average Rent: $2,275
- Median Rent: $2,000
- Rent Range: $950 – $8,250
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,072 / 685
- Square Footage Range: 308 – 14,688
- Days on Market (Avg/Median): 45 / 25
- Days on Market Range: 1 – 341
- New Listings: 147
- Total Listings: 876
Rentals by Property Type
Apartment
$1,897
Median DOM: 27
Inventory: 725
MoM: 0.0%
Condo
$2,195
Median DOM: 25
Inventory: 21
MoM: 0.0%
Single Family
$2,750
Median DOM: 8
Inventory: 65
MoM: 0.0%
Townhouse
$2,785
Median DOM: 27
Inventory: 64
MoM: 0.0%
Apartment
Avg/Median Rent$2,169 / $1,897Range$1,025 – $7,808Rent per Sq Ft$3 / $3Sq Ft871 / 602DOM48 / 27New120Total725
Condo
Avg/Median Rent$2,302 / $2,195Range$1,310 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,035 / 975DOM52 / 25New2Total21
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM38 / 38New0Total1
Single Family
Avg/Median Rent$2,785 / $2,750Range$1,310 – $4,295Rent per Sq Ft$2 / $2Sq Ft1,788 / 1,311DOM18 / 8New18Total65
Townhouse
Avg/Median Rent$2,958 / $2,785Range$950 – $8,250Rent per Sq Ft$2 / $2Sq Ft2,563 / 2,417DOM47 / 27New7Total64
Rentals by Bedroom Count
Studio
Avg:$1,579Median:$1,556Range:$995 – $4,077PSF:$3 / $3Sq Ft:611 / 438DOM:31 / 11New:26Total:193
1 Beds
Avg:$2,071Median:$1,995Range:$950 – $7,697PSF:$3 / $3Sq Ft:799 / 604DOM:55 / 35New:60Total:374
2 Beds
Avg:$2,676Median:$2,525Range:$1,200 – $7,808PSF:$2 / $3Sq Ft:1,377 / 1,037DOM:48 / 25New:42Total:208
3 Beds
Avg:$3,436Median:$3,500Range:$1,800 – $7,497PSF:$2 / $2Sq Ft:2,180 / 1,900DOM:34 / 14New:13Total:70
4 Beds
Avg:$3,640Median:$3,500Range:$2,235 – $8,250PSF:$2 / $2Sq Ft:2,762 / 2,334DOM:34 / 19New:5Total:27
5 Beds
Avg:$4,782Median:$5,000Range:$3,600 – $5,745PSF:$2 / $2Sq Ft:2,939 / 3,218DOM:61 / 24New:1Total:3
6 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$2 / $2Sq Ft:2,400 / 2,400DOM:26 / 26New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,579 | $1,556 | $995 – $4,077 | $3 / $3 | 611 / 438 | 31 / 11 | 26 | 193 |
| 1 Beds | $2,071 | $1,995 | $950 – $7,697 | $3 / $3 | 799 / 604 | 55 / 35 | 60 | 374 |
| 2 Beds | $2,676 | $2,525 | $1,200 – $7,808 | $2 / $3 | 1,377 / 1,037 | 48 / 25 | 42 | 208 |
| 3 Beds | $3,436 | $3,500 | $1,800 – $7,497 | $2 / $2 | 2,180 / 1,900 | 34 / 14 | 13 | 70 |
| 4 Beds | $3,640 | $3,500 | $2,235 – $8,250 | $2 / $2 | 2,762 / 2,334 | 34 / 19 | 5 | 27 |
| 5 Beds | $4,782 | $5,000 | $3,600 – $5,745 | $2 / $2 | 2,939 / 3,218 | 61 / 24 | 1 | 3 |
| 6 Beds | $4,000 | $4,000 | $4,000 – $4,000 | $2 / $2 | 2,400 / 2,400 | 26 / 26 | 0 | 1 |
6-Month Sales Trend
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:$625,000Median DOM:58New:47Total:195
Jun 2026
Median Price:$624,999Median DOM:58New:36Total:198
Jul 2026
Median Price:$605,000Median DOM:59New:18Total:204
6-Month Rental Trend
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:25New:377Total:913
Jun 2026
Median Rent:$2,000Median DOM:23New:299Total:896
Jul 2026
Median Rent:$2,000Median DOM:25New:147Total:876
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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