Zip 19118 (Philadelphia, PA) Housing

The housing market in 19118 Philadelphia, PA is highly competitive and continues to climb. The median value of houses located in this area is currently $712,400, which is much higher than the national median value of $338,100. Furthermore, house appreciation has increased over the last year in 19118 Philadelphia by 6.96%, slightly lower than the US 1 year house appreciation rate of 8.27%. This data reflects a strong housing market in 19118 Philadelphia and suggests that it's an ideal place to invest in property.

The median home cost in Philadelphia (zip 19118) is $712,400. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Philadelphia (zip 19118) is up 7.1%.

Average Age of Homes

- The median age of Philadelphia (zip 19118) real estate is 66 years old

The Rental Market in Philadelphia (zip 19118)

- Renters make up 48.9% of the Philadelphia (zip 19118) population
- 2.4% of houses and apartments in Philadelphia (zip 19118), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Philadelphia, Pennsylvania	United States
	5,194.0	139,647,020.0
	70	42
	$712,400	$338,100
	7.1%	16.6%
	41.9%	57.0%
	74.4%	101.1%
	$11.29	$10.98
	$6,142	$2,690
	45.4%	57.4%
	6.1%	11.2%
	48.5%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.5%	0.4%
	0.9%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.9%	3.9%
	0.5%	4.5%
	0.5%	11.3%
	2.5%	13.0%
	4.6%	20.1%
	21.9%	13.6%
	14.8%	8.3%
	22.8%	9.7%
	12.2%	3.9%
	12.1%	2.2%
	2.7%	0.8%
	4.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.2%	13.6%
	2.2%	13.6%
	5.2%	13.6%
	6.5%	13.2%
	6.4%	14.8%
	5.2%	13.6%
	13.5%	10.0%
	5.3%	4.7%
	43.6%	12.2%

Reviews for Philadelphia

See all (0)

Write a Review

Start Your Review of Philadelphia

Commute