Call or Text (240) SELL-123
Callowhill Club District Fishtown North Del Ave Club District Northern Liberties Olde Kensington Penn's Landing Poplar Riverfront

PHILADELPHIA, PA 19123

Real Estate Market Report  ·  Philadelphia County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 19123

Callowhill · Club District · Fishtown · North Del Ave Club District · Northern Liberties · Olde Kensington · Penn's Landing · Poplar · Riverfront

Market Analysis

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

The PHILADELPHIA, PA real estate market (19123) currently shows 140 active listings, with 40 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 64 days on market compared to 46 days last year.

The median listing price has risen 8.2% year-over-year, from $579,900 to $627,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PHILADELPHIA, PA 19123 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 18,474  ·  Density: 5,655.5/mi²  ·  Median household income: $91,092

Typical home value: $477,916  ·  Homeownership: 32.9%

Market Overview

Active Listings
140
⇩ 4.1% vs 146 last year
Pending
40
29% pending ratio
Median Price
$627,500
⇧ 8.2% vs $579,900 last year
Average Price
$747,251
⇧ 17.8% vs $634,150 last year
Days on Market
64
⇧ 39.1% vs 46 days last year

Price Per Square Foot

Median $/sqft
$335
⇩ 0.3% vs $336/sqft last year
Median Home Size
1,887 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 140 this year vs 146 last year
  • Days on market: 64 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $627,500 (+8.2% YoY)
  • Average: $747,251 (+17.8% 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 4.3 miles — 1,662 listings ($744,761,106 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19123Philadelphia, PA 191230.0 mi129$95,482,833$590,000$740,177
19107Philadelphia, PA 191071.1 mi102$57,539,118$293,500$564,109
19102Philadelphia, PA 191021.3 mi56$45,911,208$341,998$819,843
08102Camden, NJ 081021.5 mi17$4,369,748$202,433$257,044
19103Philadelphia, PA 191031.7 mi212$286,205,088$599,000$1,350,024
19133Philadelphia, PA 191332.0 mi106$20,099,720$155,725$189,620
19132Philadelphia, PA 191322.6 mi195$30,248,985$126,438$155,123
19134Philadelphia, PA 191342.6 mi331$63,436,812$169,700$191,652
19104Philadelphia, PA 191042.8 mi82$26,495,348$296,250$323,114
19140Philadelphia, PA 191403.3 mi153$24,691,293$149,900$161,381
08104Camden, NJ 081043.7 mi68$12,665,884$189,225$186,263
19145Philadelphia, PA 191454.2 mi179$68,641,309$321,250$383,471
19137Philadelphia, PA 191374.3 mi32$8,973,760$227,999$280,430

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19123?

As of March 2026, there are 140 active listings in PHILADELPHIA, PA (zip code 19123), compared to 146 the prior year.

What is the median home price in PHILADELPHIA, PA 19123?

The median listing price in PHILADELPHIA, PA 19123 is $627,500 as of March 2026, a 8.2% increase from $579,900 the prior year.

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

Homes in PHILADELPHIA, PA 19123 spend an average of 64 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19123?

Based on current inventory and days-on-market data as of March 2026, PHILADELPHIA, PA 19123 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 46 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 19123 save an estimated $12,550 compared to a typical 5% commission on the median listing price of $627,500. 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.