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PHILADELPHIA, PA 19124

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

Neighborhoods in ZIP 19124

Bridesburg · Feltonville · Frankford · Hunting Park · Juniata Park · Juniata Park (Juniata) · Lawncrest · Ne Philly - Discount Shopping · Northwood · Richmond · Summerdale · Wissinoming

Market Analysis

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

The PHILADELPHIA, PA real estate market (19124) currently shows 192 active listings, with 58 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 49 days last year.

The median listing price has risen 6.9% year-over-year, from $184,999 to $197,750.

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: 72,919  ·  Density: 5,472.6/mi²  ·  Median household income: $44,683

Typical home value: $132,906  ·  Homeownership: 63.5%

Market Overview

Active Listings
192
⇧ 3.8% vs 185 last year
Pending
58
30% pending ratio
Median Price
$197,750
⇧ 6.9% vs $184,999 last year
Average Price
$206,978
⇧ 6.8% vs $193,806 last year
Days on Market
52
⇧ 6.1% vs 49 days last year

Price Per Square Foot

Median $/sqft
$155
vs $155/sqft last year
Median Home Size
1,186 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 192 this year vs 185 last year
  • Days on market: 52 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $197,750 (+6.9% YoY)
  • Average: $206,978 (+6.8% 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 4.7 miles — 1,251 listings ($357,655,165 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19124Philadelphia, PA 191240.0 mi161$32,995,179$197,475$204,939
19137Philadelphia, PA 191371.9 mi32$8,973,760$227,999$280,430
19149Philadelphia, PA 191492.1 mi130$34,679,060$262,500$266,762
19140Philadelphia, PA 191402.7 mi153$24,691,293$149,900$161,381
19133Philadelphia, PA 191333.1 mi106$20,099,720$155,725$189,620
19111Philadelphia, PA 191113.1 mi106$33,528,542$296,225$316,307
19125Philadelphia, PA 191253.3 mi203$111,507,900$464,975$549,300
08110Pennsauken, NJ 081103.6 mi46$14,202,454$296,200$308,749
19152Philadelphia, PA 191524.0 mi56$18,403,672$352,425$328,637
19136Philadelphia, PA 191364.2 mi80$20,436,480$248,227$255,456
19138Philadelphia, PA 191384.4 mi128$27,084,032$199,900$211,594
08105Camden, NJ 081054.5 mi33$6,683,325$214,750$202,525
08102Camden, NJ 081024.7 mi17$4,369,748$202,433$257,044

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19124?

As of March 2026, there are 192 active listings in PHILADELPHIA, PA (zip code 19124), compared to 185 the prior year.

What is the median home price in PHILADELPHIA, PA 19124?

The median listing price in PHILADELPHIA, PA 19124 is $197,750 as of March 2026, a 6.9% increase from $184,999 the prior year.

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

Homes in PHILADELPHIA, PA 19124 spend an average of 52 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19124?

Based on current inventory and days-on-market data as of March 2026, PHILADELPHIA, PA 19124 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 49 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 19124 save an estimated $3,955 compared to a typical 5% commission on the median listing price of $197,750. 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.