Housing in Zip 19120 (Philadelphia, PA)

The housing market in 19120 Philadelphia, PA is well below the national median value of $338,100, coming in at a median value of just $157,600. Despite this lower value, the appreciation rate for homes in 19120 Philadelphia still remains quite healthy at 6.96%. This number is still slightly below the national 1 year appreciation rate of 8.27%, but it still offers a higher rate of return than most other investments. With its low median value and steady appreciation rate, investing in housing in 19120 Philadelphia could be a great choice for those looking to get into the real estate market.

The median home cost in Philadelphia (zip 19120) is $157,600. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Philadelphia (zip 19120) is up 7.1%.

Average Age of Homes

- The median age of Philadelphia (zip 19120) real estate is 70 years old

The Rental Market in Philadelphia (zip 19120)

- Renters make up 39.1% of the Philadelphia (zip 19120) population
- 1.4% of houses and apartments in Philadelphia (zip 19120), 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
	25,794	139,647,020
	75	42
	$157,600	$338,100
	7.1%	16.6%
	41.9%	57.0%
	74.4%	101.1%
	$10.93	$10.98
	$1,235	$2,690
	60.2%	57.4%
	4.7%	11.2%
	35.2%	31.4%
VACANT HOUSING
	1.4%	1.9%
	0.1%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	0.1%	3.6%
	2.6%	4.1%
VALUE OF OWNER-OCCUPIED HOUSING
	2.4%	2.6%
	0.8%	2.4%
	2.9%	2.8%
	8.5%	3.9%
	22.6%	4.5%
	36.5%	11.3%
	18.0%	13.0%
	4.7%	20.1%
	0.5%	13.6%
	0.4%	8.3%
	2.0%	9.7%
	0.5%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.0%	1.1%
HOUSING UNITS BY YEAR STRUCTURE BUILT
	0.0%	0.2%
	0.6%	13.6%
	0.6%	13.6%
	3.1%	13.6%
	2.4%	13.2%
	4.1%	14.8%
	3.1%	13.6%
	24.8%	10.0%
	19.5%	4.7%
	37.6%	12.2%

HOUSING MAP

Average Rent (3br)

Percent Home Appreciation (5yr)

Property Tax (%)

Median Home Cost

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Philadelphia (zip 19120)

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United States / Pennsylvania / Philadelphia-Camden-Wilmington Metro Area / Philadelphia County / Philadelphia / Philadelphia (zip 19120)