ZIP 19116 Housing Market Report
Philadelphia Metro
Report period: March 2026
19116 Monthly Market Update – March 2026
ZIP 19116 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$415,000
0.0%
Median DOM (Sales)
50
−3.8%
New Listings (Sales)
4
−55.6%
Median Rent
$1,700
0.0%
Median DOM (Rental)
38
+11.8%
Total Rental Listings
45
−11.8%
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: Single Family (24 DOM)
- Fastest renting: Single Family (13 DOM)
- Strongest bedroom: 5 Beds ($509,000 median)
Sales Market Overview
Median Price
$415,000
0.0%
Median DOM
50
−3.8%
New Listings
4
−55.6%
Inventory
57
0.0%
- Average Price: $412,238
- Median Price: $415,000
- Price Range: $149,900 – $590,000
- Price per Sq Ft (Avg/Median): $273 / $260
- Square Footage (Avg/Median): 1,565 / 1,474
- Square Footage Range: 509 – 3,128
- Days on Market (Avg/Median): 68 / 50
- Days on Market Range: 2 – 346
- New Listings: 4
- Total Listings: 57
Sales by Property Type
Condo
Avg/Median Price$256,241 / $274,900Range$149,900 – $365,900Price per Sq Ft$249 / $260Sq Ft1,097 / 1,074DOM85 / 63New0Total7
Land
Avg/Median Price$499,900 / $499,900Range$499,900 – $499,900Price per Sq Ft—Sq Ft—DOM—New0Total1
Single Family
Avg/Median Price$501,446 / $509,000Range$355,000 – $590,000Price per Sq Ft$278 / $279Sq Ft1,916 / 1,836DOM59 / 24New2Total17
Townhouse
Avg/Median Price$396,231 / $390,000Range$294,500 – $560,000Price per Sq Ft$276 / $259Sq Ft1,481 / 1,440DOM68 / 59New2Total32
Sales by Bedroom Count
1 Beds
Avg:$161,950Median:$149,900Range:$149,900 – $174,000PSF:$276 / $211Sq Ft:610 / 509DOM:120 / 51New:0Total:2
2 Beds
Avg:$327,711Median:$285,000Range:$264,990 – $475,000PSF:$286 / $265Sq Ft:1,154 / 1,074DOM:68 / 55New:0Total:8
3 Beds
Avg:$416,450Median:$397,000Range:$294,500 – $589,999PSF:$268 / $257Sq Ft:1,601 / 1,474DOM:53 / 42New:1Total:28
4 Beds
Avg:$458,821Median:$430,000Range:$375,000 – $590,000PSF:$260 / $243Sq Ft:1,862 / 1,732DOM:68 / 48New:3Total:14
5 Beds
Avg:$499,333Median:$509,000Range:$430,000 – $559,000PSF:$322 / $279Sq Ft:1,618 / 1,660DOM:156 / 116New:0Total:3
7 Beds
Avg:$470,000Median:$470,000Range:$470,000 – $470,000PSF:$324 / $324Sq Ft:1,452 / 1,452DOM:114 / 114New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $161,950 | $149,900 | $149,900 – $174,000 | $276 / $211 | 610 / 509 | 120 / 51 | 0 | 2 |
| 2 Beds | $327,711 | $285,000 | $264,990 – $475,000 | $286 / $265 | 1,154 / 1,074 | 68 / 55 | 0 | 8 |
| 3 Beds | $416,450 | $397,000 | $294,500 – $589,999 | $268 / $257 | 1,601 / 1,474 | 53 / 42 | 1 | 28 |
| 4 Beds | $458,821 | $430,000 | $375,000 – $590,000 | $260 / $243 | 1,862 / 1,732 | 68 / 48 | 3 | 14 |
| 5 Beds | $499,333 | $509,000 | $430,000 – $559,000 | $322 / $279 | 1,618 / 1,660 | 156 / 116 | 0 | 3 |
| 7 Beds | $470,000 | $470,000 | $470,000 – $470,000 | $324 / $324 | 1,452 / 1,452 | 114 / 114 | 0 | 1 |
Rental Market Overview
Median Rent
$1,700
0.0%
Median DOM
38
+11.8%
New Listings
5
Inventory
45
−11.8%
- Average Rent: $1,840
- Median Rent: $1,700
- Rent Range: $950 – $5,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,186 / 1,000
- Square Footage Range: 459 – 2,200
- Days on Market (Avg/Median): 57 / 38
- Days on Market Range: 1 – 302
- New Listings: 5
- Total Listings: 45
Rentals by Property Type
Apartment
$1,445
Median DOM: 71
Inventory: 18
MoM: 0.0%
Condo
$1,700
Median DOM: 80
Inventory: 5
MoM: 0.0%
Single Family
$1,900
Median DOM: 13
Inventory: 10
MoM: 0.0%
Townhouse
$1,700
Median DOM: 32
Inventory: 12
MoM: 0.0%
Apartment
Avg/Median Rent$1,481 / $1,445Range$950 – $2,850Rent per Sq Ft$2 / $2Sq Ft841 / 750DOM87 / 71New2Total18
Condo
Avg/Median Rent$1,900 / $1,700Range$1,550 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,165 / 925DOM74 / 80New0Total5
Single Family
Avg/Median Rent$2,399 / $1,900Range$1,750 – $5,000Rent per Sq Ft$2 / $1Sq Ft1,601 / 1,640DOM25 / 13New1Total10
Townhouse
Avg/Median Rent$1,887 / $1,700Range$1,090 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,436 / 1,176DOM39 / 32New2Total12
Rentals by Bedroom Count
Studio
Avg:$1,161Median:$1,094Range:$950 – $1,350PSF:$2 / $2Sq Ft:555 / 470DOM:160 / 128New:0Total:4
1 Beds
Avg:$1,305Median:$1,250Range:$1,000 – $1,795PSF:$2 / $2Sq Ft:735 / 650DOM:37 / 19New:0Total:9
2 Beds
Avg:$1,779Median:$1,700Range:$1,400 – $2,850PSF:$2 / $2Sq Ft:1,295 / 1,000DOM:56 / 37New:4Total:21
3 Beds
Avg:$2,543Median:$2,000Range:$1,700 – $5,000PSF:$2 / $1Sq Ft:1,651 / 1,836DOM:35 / 9New:1Total:8
4 Beds
Avg:$2,900Median:$2,900Range:$2,800 – $3,000PSF:$2 / $2Sq Ft:1,569 / 1,728DOM:28 / 32New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,161 | $1,094 | $950 – $1,350 | $2 / $2 | 555 / 470 | 160 / 128 | 0 | 4 |
| 1 Beds | $1,305 | $1,250 | $1,000 – $1,795 | $2 / $2 | 735 / 650 | 37 / 19 | 0 | 9 |
| 2 Beds | $1,779 | $1,700 | $1,400 – $2,850 | $2 / $2 | 1,295 / 1,000 | 56 / 37 | 4 | 21 |
| 3 Beds | $2,543 | $2,000 | $1,700 – $5,000 | $2 / $1 | 1,651 / 1,836 | 35 / 9 | 1 | 8 |
| 4 Beds | $2,900 | $2,900 | $2,800 – $3,000 | $2 / $2 | 1,569 / 1,728 | 28 / 32 | 0 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$399,900Median DOM:35New:23Total:95
Nov 2025
Median Price:$419,900Median DOM:39New:22Total:95
Dec 2025
Median Price:$424,900Median DOM:43New:17Total:82
Jan 2026
Median Price:$420,000Median DOM:41New:17Total:75
Feb 2026
Median Price:$415,000Median DOM:52New:9Total:57
Mar 2026
Median Price:$415,000Median DOM:50New:4Total:57
6-Month Rental Trend
Oct 2025
Median Rent:$1,899Median DOM:43New:10Total:46
Nov 2025
Median Rent:$1,899Median DOM:39New:14Total:46
Dec 2025
Median Rent:$1,800Median DOM:48New:13Total:45
Jan 2026
Median Rent:$1,700Median DOM:36New:14Total:53
Feb 2026
Median Rent:$1,700Median DOM:34New:9Total:51
Mar 2026
Median Rent:$1,700Median DOM:38New:5Total:45
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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