The housing market in 19147 Philadelphia, PA is quite strong compared to the US average. Median value of houses in this zip code is $462,500, which is significantly higher than the US median house value of $338,100. Moreover, the one year appreciation rate of houses in 19147 Philadelphia is 6.96%, lower than the national average of 8.27%. This indicates that home values are increasing steadily but at a slower pace than the national rate. Thus, despite being slightly more expensive than other parts of the country, the housing market in 19147 Philadelphia appears to be a relatively safe investment.
The median home cost in Philadelphia (zip 19147) is $462,500. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Philadelphia (zip 19147) is up 7.1%.
Average Age of Homes
- The median age of Philadelphia (zip 19147) real estate is 78 years old
The Rental Market in Philadelphia (zip 19147)
- Renters make up 42.4% of the Philadelphia (zip 19147) population
- 1.9% of houses and apartments in Philadelphia (zip 19147), 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.