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Byberry Somerton

PHILADELPHIA, PA 19116

Real Estate Market Report  ·  Philadelphia County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 19116

Byberry · Somerton

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PHILADELPHIA, PA real estate market (19116) currently shows 45 active listings, with 18 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 31 days last year.

The median listing price has fallen 2.2% year-over-year, from $434,750 to $425,000.

Whether you are buying or selling in PHILADELPHIA, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 33,648  ·  Density: 2,488.2/mi²  ·  Median household income: $64,788

Typical home value: $301,084  ·  Homeownership: 57.8%

Market Overview

Active Listings
45
⇧ 40.6% vs 32 last year
Pending
18
40% pending ratio
Median Price
$425,000
⇩ 2.2% vs $434,750 last year
Average Price
$425,273
⇩ 17.6% vs $515,844 last year
Days on Market
47
⇧ 51.6% vs 31 days last year

Price Per Square Foot

Median $/sqft
$278
⇧ 15.4% vs $241/sqft last year
Median Home Size
1,449 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 32 last year
  • Days on market: 47 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $425,000 (-2.2% YoY)
  • Average: $425,273 (-17.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.2 miles — 665 listings ($249,175,713 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19116Philadelphia, PA 191160.0 mi42$17,574,312$422,500$418,436
19115Philadelphia, PA 191152.4 mi45$21,728,475$399,950$482,855
19009Bryn Athyn, PA 190093.0 mi1$5,249,000$5,249,000$5,249,000
19114Philadelphia, PA 191143.4 mi51$19,939,368$327,500$390,968
19152Philadelphia, PA 191524.2 mi56$18,403,672$352,425$328,637
19046Jenkintown, PA 190465.0 mi48$18,973,920$180,000$395,290
19136Philadelphia, PA 191365.3 mi80$20,436,480$248,227$255,456
19149Philadelphia, PA 191496.1 mi130$34,679,060$262,500$266,762
19012Cheltenham, PA 190126.3 mi14$5,978,700$447,450$427,050
19027Elkins Park, PA 190276.6 mi44$14,459,896$238,500$328,634
08010Beverly, NJ 080106.8 mi52$26,908,960$338,675$517,480
08075Riverside, NJ 080756.9 mi79$32,821,103$390,975$415,457
19056Levittown, PA 190567.2 mi23$12,022,767$499,475$522,729

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19116?

As of March 2026, there are 45 active listings in PHILADELPHIA, PA (zip code 19116), compared to 32 the prior year.

What is the median home price in PHILADELPHIA, PA 19116?

The median listing price in PHILADELPHIA, PA 19116 is $425,000 as of March 2026, a 2.2% decrease from $434,750 the prior year.

How long do homes stay on the market in PHILADELPHIA, PA?

Homes in PHILADELPHIA, PA 19116 spend an average of 47 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19116?

Based on current inventory and days-on-market data as of March 2026, PHILADELPHIA, PA 19116 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 31 days last year.

How much can I save on real estate commission in PHILADELPHIA, PA?

With SELL123.com's maximum 3% commission, sellers in PHILADELPHIA, PA 19116 save an estimated $8,500 compared to a typical 5% commission on the median listing price of $425,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.