ZIP 19031 Housing Market Report

Philadelphia Metro

Report period: March 2026

19031 Monthly Market Update – March 2026

ZIP 19031 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$820,365
+10.9%
Median DOM (Sales)
28
−45.1%
New Listings (Sales)
2
−50.0%
Median Rent
$2,100
0.0%
Median DOM (Rental)
36
+50.0%
Total Rental Listings
5
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Condo (7 DOM)
  • Fastest renting: Single Family (11 DOM)
  • Strongest bedroom: 7 Beds ($3,500,000 median)

Sales Market Overview

Median Price
$820,365
+10.9%
Median DOM
28
−45.1%
New Listings
2
−50.0%
Inventory
17
−10.5%
  • Average Price: $982,949
  • Median Price: $820,365
  • Price Range: $424,900 – $3,500,000
  • Price per Sq Ft (Avg/Median): $329 / $313
  • Square Footage (Avg/Median): 2,918 / 2,435
  • Square Footage Range: 1,596 – 8,654
  • Days on Market (Avg/Median): 71 / 28
  • Days on Market Range: 5 – 181
  • New Listings: 2
  • Total Listings: 17

Sales by Property Type

Condo
Avg/Median Price$429,950 / $424,900Range$424,900 – $435,000Price per Sq Ft$233 / $229Sq Ft1,846 / 1,838DOM84 / 7New0Total2
Land
Avg/Median Price$575,000 / $575,000Range$575,000 – $575,000Price per Sq FtSq FtDOM62 / 62New0Total1
Single Family
Avg/Median Price$1,533,000 / $599,000Range$500,000 – $3,500,000Price per Sq Ft$325 / $313Sq Ft4,189 / 2,318DOM51 / 9New1Total3
Townhouse
Avg/Median Price$970,567 / $849,990Range$699,990 – $1,425,000Price per Sq Ft$347 / $349Sq Ft2,767 / 2,766DOM75 / 28New1Total11

Sales by Bedroom Count

3 Beds
Avg:$842,342Median:$820,365Range:$424,900 – $1,425,000PSF:$324 / $313Sq Ft:2,536 / 2,435DOM:76 / 28New:1Total:15
7 Beds
Avg:$3,500,000Median:$3,500,000Range:$3,500,000 – $3,500,000PSF:$404 / $404Sq Ft:8,654 / 8,654DOM:7 / 7New:1Total:1

Rental Market Overview

Median Rent
$2,100
0.0%
Median DOM
36
+50.0%
New Listings
0
Inventory
5
0.0%
  • Average Rent: $2,960
  • Median Rent: $2,100
  • Rent Range: $1,550 – $6,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 874 / 708
  • Square Footage Range: 600 – 1,321
  • Days on Market (Avg/Median): 81 / 36
  • Days on Market Range: 6 – 203
  • New Listings: 0
  • Total Listings: 5

Rentals by Property Type

Apartment
$2,050
Median DOM: 150
Inventory: 2
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,100
Median DOM: 11
Inventory: 3
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,324 / $2,050Range$2,050 – $2,599Rent per Sq Ft$2 / $2Sq Ft1,093 / 865DOM177 / 150New0Total2
Single Family
Avg/Median Rent$3,383 / $2,100Range$1,550 – $6,500Rent per Sq Ft$3 / $3Sq Ft654 / 600DOM18 / 11New0Total3

Rentals by Bedroom Count

2 Beds
Avg:$2,075Median:$2,050Range:$1,550 – $2,599PSF:$2 / $2Sq Ft:874 / 708DOM:93 / 11New:0Total:4
4 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:Sq Ft:DOM:36 / 36New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$739,990Median DOM:50New:4Total:34
Nov 2025
Median Price:$630,000Median DOM:76New:5Total:27
Dec 2025
Median Price:$625,000Median DOM:72New:2Total:24
Jan 2026
Median Price:$630,000Median DOM:44New:4Total:20
Feb 2026
Median Price:$739,990Median DOM:51New:4Total:19
Mar 2026
Median Price:$820,365Median DOM:28New:2Total:17

6-Month Rental Trend

Oct 2025
Median Rent:$2,225Median DOM:38New:4Total:12
Nov 2025
Median Rent:$1,995Median DOM:49New:0Total:8
Dec 2025
Median Rent:$2,601Median DOM:80New:0Total:7
Jan 2026
Median Rent:$2,601Median DOM:164New:0Total:5
Feb 2026
Median Rent:$2,100Median DOM:24New:3Total:5
Mar 2026
Median Rent:$2,100Median DOM:36New:0Total:5

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.

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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