Zip 19131 (Philadelphia, PA) Housing

The housing in 19131 Philadelphia, PA is significantly more affordable than the US median housing value of $338,100. The median value of housing in 19131 is only $144,800. However, despite its lower price, the area has managed to keep up with the US housing appreciation rate of 8.27%, achieving a 1 year appreciation rate of 6.96%. This indicates that houses in 19131 still appreciate at a rate similar to the rest of the country and provides assurance for potential buyers looking for an affordable option without sacrificing appreciation.

The median home cost in Philadelphia (zip 19131) is $144,800. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Philadelphia (zip 19131) is up 7.1%.

Average Age of Homes

- The median age of Philadelphia (zip 19131) real estate is 70 years old

The Rental Market in Philadelphia (zip 19131)

- Renters make up 46.8% of the Philadelphia (zip 19131) population
- 5.1% of houses and apartments in Philadelphia (zip 19131), 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
	21,777.0	139,647,020.0
	74	42
	$144,800	$338,100
	7.1%	16.6%
	41.9%	57.0%
	74.4%	101.1%
	$9.62	$10.98
	$1,278	$2,690
	39.5%	57.4%
	16.6%	11.2%
	43.9%	31.4%
Vacant Housing
	5.1%	1.9%
	1.2%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	8.9%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	3.3%	2.4%
	5.3%	2.8%
	11.8%	3.9%
	11.6%	4.5%
	23.1%	11.3%
	20.1%	13.0%
	15.2%	20.1%
	5.1%	13.6%
	2.0%	8.3%
	0.9%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	1.2%	13.6%
	1.2%	13.6%
	2.7%	13.6%
	6.3%	13.2%
	7.1%	14.8%
	2.7%	13.6%
	11.2%	10.0%
	13.6%	4.7%
	41.0%	12.2%

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