Philadelphia, PA 19103 has a median housing value of $529,200. This is higher than the US median housing value of $338,100 but lower than many other major cities. The 1 year appreciation rate for Philadelphia is 6.96%, which is slightly below the national average of 8.27%. Despite this lower increase in value, Philadelphia remains an attractive place to buy or invest in real estate due to its strong economy and growing population.
The median home cost in Philadelphia (zip 19103) is $529,200. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Philadelphia (zip 19103) is up 7.1%.
Average Age of Homes
- The median age of Philadelphia (zip 19103) real estate is 63 years old
The Rental Market in Philadelphia (zip 19103)
- Renters make up 58.2% of the Philadelphia (zip 19103) population
- 7.6% of houses and apartments in Philadelphia (zip 19103), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.