Zip 19123 (Philadelphia, PA) Housing

Housing in 19123 Philadelphia, PA is more expensive than the US median value of $338,100, with a median house value of $459,400. In comparison to the rest of the country, the 1 year house appreciation rate for 19123 Philadelphia, PA is slightly lower at 6.96%, compared to the US average of 8.27%. Homeowners in the area can expect their investments to appreciate relatively quickly in value but at a slightly slower rate compared to the national average.

The median home cost in Philadelphia (zip 19123) is $459,400. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Philadelphia (zip 19123) is up 7.1%.

Average Age of Homes

- The median age of Philadelphia (zip 19123) real estate is 42 years old

The Rental Market in Philadelphia (zip 19123)

- Renters make up 58.9% of the Philadelphia (zip 19123) population
- 4.7% of houses and apartments in Philadelphia (zip 19123), 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
	9,710.0	139,647,020.0
	45	42
	$459,400	$338,100
	7.1%	16.6%
	41.9%	57.0%
	74.4%	101.1%
	$7.66	$10.98
	$3,418	$2,690
	28.9%	57.4%
	7.5%	11.2%
	63.6%	31.4%
Vacant Housing
	4.7%	1.9%
	0.6%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.5%	2.4%
	0.7%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	1.9%	11.3%
	0.9%	13.0%
	10.8%	20.1%
	24.9%	13.6%
	18.9%	8.3%
	25.0%	9.7%
	8.6%	3.9%
	5.1%	2.2%
	1.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	9.9%	13.6%
	3.4%	13.2%
	9.0%	14.8%
	9.9%	13.6%
	6.5%	10.0%
	2.9%	4.7%
	30.9%	12.2%

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