ZIP 19023 Housing Market Report

Philadelphia Metro

Report period: March 2026

19023 Monthly Market Update – March 2026

ZIP 19023 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$189,000
0.0%
Median DOM (Sales)
48
−11.1%
New Listings (Sales)
8
−66.7%
Median Rent
$1,375
0.0%
Median DOM (Rental)
22
+22.2%
Total Rental Listings
85
−2.3%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Land (14 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($469,000 median)

Sales Market Overview

Median Price
$189,000
0.0%
Median DOM
48
−11.1%
New Listings
8
−66.7%
Inventory
100
0.0%
  • Average Price: $189,019
  • Median Price: $189,000
  • Price Range: $17,000 – $469,000
  • Price per Sq Ft (Avg/Median): $149 / $150
  • Square Footage (Avg/Median): 1,363 / 1,267
  • Square Footage Range: 696 – 2,869
  • Days on Market (Avg/Median): 81 / 48
  • Days on Market Range: 2 – 365
  • New Listings: 8
  • Total Listings: 100

Sales by Property Type

Land
Avg/Median Price$26,713 / $25,000Range$17,000 – $50,000Price per Sq FtSq FtDOM63 / 14New1Total7
Multi-Family
Avg/Median Price$297,311 / $350,000Range$125,000 – $469,000Price per Sq Ft$173 / $146Sq Ft1,694 / 1,510DOM79 / 52New0Total9
Single Family
Avg/Median Price$304,967 / $339,900Range$175,000 – $400,000Price per Sq Ft$161 / $139Sq Ft2,370 / 1,872DOM31 / 20New0Total3
Townhouse
Avg/Median Price$186,718 / $189,000Range$59,900 – $335,000Price per Sq Ft$147 / $150Sq Ft1,306 / 1,234DOM84 / 49New7Total81

Sales by Bedroom Count

Studio
Avg:$167,450Median:$159,900Range:$159,900 – $175,000PSF:$117 / $117Sq Ft:1,366 / 1,366DOM:168 / 168New:0Total:2
2 Beds
Avg:$111,780Median:$99,000Range:$59,900 – $185,000PSF:$122 / $120Sq Ft:925 / 830DOM:173 / 127New:0Total:10
3 Beds
Avg:$197,930Median:$199,000Range:$89,900 – $350,000PSF:$153 / $160Sq Ft:1,301 / 1,216DOM:65 / 40New:5Total:59
4 Beds
Avg:$232,837Median:$210,000Range:$140,000 – $400,000PSF:$149 / $154Sq Ft:1,638 / 1,472DOM:69 / 49New:2Total:16
5 Beds
Avg:$223,333Median:$195,000Range:$125,000 – $350,000PSF:$106 / $89Sq Ft:2,058 / 2,380DOM:109 / 117New:0Total:3
6 Beds
Avg:$335,000Median:$335,000Range:$335,000 – $335,000PSF:$179 / $179Sq Ft:1,870 / 1,870DOM:95 / 95New:0Total:1
7 Beds
Avg:$469,000Median:$469,000Range:$469,000 – $469,000PSF:$213 / $213Sq Ft:2,200 / 2,200DOM:54 / 54New:0Total:1
8 Beds
Avg:$384,900Median:$384,900Range:$384,900 – $384,900PSF:$260 / $260Sq Ft:1,482 / 1,482DOM:198 / 198New:0Total:1

Rental Market Overview

Median Rent
$1,375
0.0%
Median DOM
22
+22.2%
New Listings
20
Inventory
85
−2.3%
  • Average Rent: $1,513
  • Median Rent: $1,375
  • Rent Range: $680 – $6,700
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,196 / 1,124
  • Square Footage Range: 480 – 2,178
  • Days on Market (Avg/Median): 59 / 22
  • Days on Market Range: 1 – 325
  • New Listings: 20
  • Total Listings: 85

Rentals by Property Type

Apartment
$1,165
Median DOM: 31
Inventory: 35
MoM: 0.0%
Condo
$950
Median DOM: 1
Inventory: 4
MoM: 0.0%
Single Family
$1,750
Median DOM: 1
Inventory: 21
MoM: 0.0%
Townhouse
$1,795
Median DOM: 24
Inventory: 24
MoM: 0.0%
Apartment
Avg/Median Rent$1,229 / $1,165Range$680 – $1,795Rent per Sq Ft$2 / $2Sq Ft937 / 768DOM100 / 31New5Total35
Condo
Avg/Median Rent$1,195 / $950Range$680 – $2,000Rent per Sq Ft$3 / $3Sq Ft600 / 600DOM13 / 1New1Total4
Multi-Family
Avg/Median Rent$1,450 / $1,450Range$1,450 – $1,450Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM27 / 27New0Total1
Single Family
Avg/Median Rent$1,883 / $1,750Range$1,250 – $6,700Rent per Sq Ft$2 / $2Sq Ft1,157 / 1,120DOM35 / 1New11Total21
Townhouse
Avg/Median Rent$1,660 / $1,795Range$950 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,352 / 1,376DOM35 / 24New3Total24

Rentals by Bedroom Count

Studio
Avg:$1,039Median:$680Range:$680 – $1,800PSF:$2 / $2Sq Ft:1,120 / 1,120DOM:12 / 1New:2Total:4
1 Beds
Avg:$1,123Median:$1,150Range:$950 – $1,295PSF:$1 / $1Sq Ft:1,006 / 750DOM:103 / 36New:4Total:23
2 Beds
Avg:$1,368Median:$1,315Range:$950 – $2,000PSF:$2 / $2Sq Ft:918 / 800DOM:83 / 31New:4Total:25
3 Beds
Avg:$1,953Median:$1,800Range:$1,400 – $6,700PSF:$2 / $1Sq Ft:1,313 / 1,200DOM:18 / 1New:10Total:28
4 Beds
Avg:$1,950Median:$1,900Range:$1,750 – $2,300PSF:$1 / $1Sq Ft:1,500 / 1,472DOM:46 / 24New:0Total:5

6-Month Sales Trend

Oct 2025
Median Price:$195,000Median DOM:57New:23Total:109
Nov 2025
Median Price:$189,900Median DOM:66New:21Total:116
Dec 2025
Median Price:$189,900Median DOM:64New:20Total:113
Jan 2026
Median Price:$190,000Median DOM:66New:20Total:109
Feb 2026
Median Price:$189,000Median DOM:54New:24Total:100
Mar 2026
Median Price:$189,000Median DOM:48New:8Total:100

6-Month Rental Trend

Oct 2025
Median Rent:$1,350Median DOM:37New:24Total:72
Nov 2025
Median Rent:$1,325Median DOM:40New:21Total:77
Dec 2025
Median Rent:$1,350Median DOM:35New:22Total:73
Jan 2026
Median Rent:$1,350Median DOM:22New:35Total:86
Feb 2026
Median Rent:$1,375Median DOM:18New:36Total:87
Mar 2026
Median Rent:$1,375Median DOM:22New:20Total:85

Key Market Takeaways

Median sale prices held steady this month while inventory remained stable. Days on market declined, signaling improving 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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