ZIP 19040 Housing Market Report
Philadelphia Metro
Report period: March 2026
19040 Monthly Market Update – March 2026
ZIP 19040 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$435,000
−1.1%
Median DOM (Sales)
11
−38.9%
New Listings (Sales)
3
−62.5%
Median Rent
$2,500
−0.8%
Median DOM (Rental)
91
−35.9%
Total Rental Listings
52
+2.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (6 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 3 Beds ($439,990 median)
Sales Market Overview
Median Price
$435,000
−1.1%
Median DOM
11
−38.9%
New Listings
3
−62.5%
Inventory
27
+3.8%
- Average Price: $443,092
- Median Price: $435,000
- Price Range: $274,900 – $599,000
- Price per Sq Ft (Avg/Median): $283 / $283
- Square Footage (Avg/Median): 1,592 / 1,558
- Square Footage Range: 1,008 – 2,444
- Days on Market (Avg/Median): 43 / 11
- Days on Market Range: 2 – 317
- New Listings: 3
- Total Listings: 27
Sales by Property Type
Condo
Avg/Median Price$275,000 / $275,000Range$275,000 – $275,000Price per Sq Ft$273 / $273Sq Ft1,008 / 1,008DOM6 / 6New0Total1
Land
Avg/Median Price$525,000 / $525,000Range$525,000 – $525,000Price per Sq Ft—Sq Ft—DOM—New0Total1
Single Family
Avg/Median Price$450,166 / $435,000Range$274,900 – $599,000Price per Sq Ft$288 / $287Sq Ft1,610 / 1,558DOM46 / 19New2Total21
Townhouse
Avg/Median Price$427,500 / $390,000Range$375,000 – $475,000Price per Sq Ft$262 / $258Sq Ft1,645 / 1,612DOM38 / 7New1Total4
Sales by Bedroom Count
Studio
Avg:$395,000Median:$395,000Range:$395,000 – $395,000PSF:$336 / $336Sq Ft:1,176 / 1,176DOM:27 / 27New:0Total:1
2 Beds
Avg:$275,000Median:$275,000Range:$275,000 – $275,000PSF:$273 / $273Sq Ft:1,008 / 1,008DOM:6 / 6New:0Total:1
3 Beds
Avg:$439,929Median:$439,990Range:$274,900 – $599,000PSF:$281 / $283Sq Ft:1,606 / 1,565DOM:45 / 8New:3Total:17
4 Beds
Avg:$469,957Median:$435,000Range:$380,000 – $575,000PSF:$281 / $287Sq Ft:1,700 / 1,653DOM:48 / 43New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $395,000 | $395,000 | $395,000 – $395,000 | $336 / $336 | 1,176 / 1,176 | 27 / 27 | 0 | 1 |
| 2 Beds | $275,000 | $275,000 | $275,000 – $275,000 | $273 / $273 | 1,008 / 1,008 | 6 / 6 | 0 | 1 |
| 3 Beds | $439,929 | $439,990 | $274,900 – $599,000 | $281 / $283 | 1,606 / 1,565 | 45 / 8 | 3 | 17 |
| 4 Beds | $469,957 | $435,000 | $380,000 – $575,000 | $281 / $287 | 1,700 / 1,653 | 48 / 43 | 0 | 7 |
Rental Market Overview
Median Rent
$2,500
−0.8%
Median DOM
91
−35.9%
New Listings
9
Inventory
52
+2.0%
- Average Rent: $2,419
- Median Rent: $2,500
- Rent Range: $1,200 – $3,531
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,208 / 1,109
- Square Footage Range: 550 – 2,240
- Days on Market (Avg/Median): 156 / 91
- Days on Market Range: 1 – 338
- New Listings: 9
- Total Listings: 52
Rentals by Property Type
Apartment
$2,305
Median DOM: 330
Inventory: 35
MoM: −0.8%
Condo
$1,545
Median DOM: 1
Inventory: 1
MoM: −0.8%
Single Family
$2,500
Median DOM: 6
Inventory: 8
MoM: −0.8%
Townhouse
$3,000
Median DOM: 31
Inventory: 8
MoM: −0.8%
Apartment
Avg/Median Rent$2,330 / $2,305Range$1,200 – $3,531Rent per Sq Ft$3 / $3Sq Ft1,029 / 1,032DOM217 / 330New4Total35
Condo
Avg/Median Rent$1,545 / $1,545Range$1,545 – $1,545Rent per Sq Ft$2 / $2Sq Ft759 / 759DOM1 / 1New0Total1
Single Family
Avg/Median Rent$2,322 / $2,500Range$1,495 – $2,850Rent per Sq Ft$2 / $2Sq Ft1,349 / 1,400DOM48 / 6New3Total8
Townhouse
Avg/Median Rent$3,012 / $3,000Range$2,450 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,773 / 1,672DOM46 / 31New2Total8
Rentals by Bedroom Count
Studio
Avg:$1,665Median:$1,800Range:$1,395 – $1,800PSF:$3 / $3Sq Ft:550 / 550DOM:86 / 99New:0Total:3
1 Beds
Avg:$1,941Median:$1,825Range:$1,200 – $2,780PSF:$2 / $2Sq Ft:996 / 888DOM:182 / 197New:1Total:13
2 Beds
Avg:$2,539Median:$2,857Range:$1,495 – $3,531PSF:$2 / $3Sq Ft:1,107 / 1,109DOM:229 / 330New:2Total:22
3 Beds
Avg:$2,857Median:$3,000Range:$2,050 – $3,400PSF:$2 / $2Sq Ft:1,606 / 1,672DOM:42 / 9New:5Total:11
4 Beds
Avg:$2,825Median:$2,800Range:$2,800 – $2,850PSF:$2 / $2Sq Ft:1,619 / 1,488DOM:96 / 1New:1Total:2
5 Beds
Avg:$2,600Median:$2,600Range:$2,600 – $2,600PSF:$2 / $2Sq Ft:1,708 / 1,708DOM:19 / 19New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,665 | $1,800 | $1,395 – $1,800 | $3 / $3 | 550 / 550 | 86 / 99 | 0 | 3 |
| 1 Beds | $1,941 | $1,825 | $1,200 – $2,780 | $2 / $2 | 996 / 888 | 182 / 197 | 1 | 13 |
| 2 Beds | $2,539 | $2,857 | $1,495 – $3,531 | $2 / $3 | 1,107 / 1,109 | 229 / 330 | 2 | 22 |
| 3 Beds | $2,857 | $3,000 | $2,050 – $3,400 | $2 / $2 | 1,606 / 1,672 | 42 / 9 | 5 | 11 |
| 4 Beds | $2,825 | $2,800 | $2,800 – $2,850 | $2 / $2 | 1,619 / 1,488 | 96 / 1 | 1 | 2 |
| 5 Beds | $2,600 | $2,600 | $2,600 – $2,600 | $2 / $2 | 1,708 / 1,708 | 19 / 19 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$465,000Median DOM:31New:20Total:67
Nov 2025
Median Price:$459,900Median DOM:29New:10Total:54
Dec 2025
Median Price:$459,900Median DOM:32New:9Total:47
Jan 2026
Median Price:$459,900Median DOM:28New:8Total:38
Feb 2026
Median Price:$439,990Median DOM:18New:8Total:26
Mar 2026
Median Price:$435,000Median DOM:11New:3Total:27
6-Month Rental Trend
Oct 2025
Median Rent:$2,513Median DOM:168New:9Total:63
Nov 2025
Median Rent:$2,500Median DOM:213New:4Total:57
Dec 2025
Median Rent:$2,450Median DOM:190New:11Total:59
Jan 2026
Median Rent:$2,450Median DOM:155New:9Total:55
Feb 2026
Median Rent:$2,520Median DOM:142New:7Total:51
Mar 2026
Median Rent:$2,500Median DOM:91New:9Total:52
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory increased.
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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