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PHILADELPHIA, PA 19148

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

Neighborhoods in ZIP 19148

Dickinson Narrows · East Passyunk Crossing · Food Distribution Warehouses · Lower Moyamensing · Marconi Plaza · Oregon Avenue Discount Shopping · Packer Park · Passyunk Discount Shopping · Pennsport · South Philadelphia · South Philly Discount Shopping · Stadiums · Wharton · Whitman

Market Analysis

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

The PHILADELPHIA, PA real estate market (19148) currently shows 236 active listings, with 63 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56 days on market compared to 54 days last year.

The median listing price has fallen 7.4% year-over-year, from $331,500 to $307,000.

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: 50,324  ·  Density: 4,590.0/mi²  ·  Median household income: $71,533

Typical home value: $272,886  ·  Homeownership: 64.6%

Market Overview

Active Listings
236
⇧ 2.2% vs 231 last year
Pending
63
27% pending ratio
Median Price
$307,000
⇩ 7.4% vs $331,500 last year
Average Price
$354,708
⇩ 2.4% vs $363,558 last year
Days on Market
56
⇧ 3.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$264
⇧ 0.4% vs $263/sqft last year
Median Home Size
1,116 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 236 this year vs 231 last year
  • Days on market: 56 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $307,000 (-7.4% YoY)
  • Average: $354,708 (-2.4% 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 4.6 miles — 1,203 listings ($680,764,023 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19148Philadelphia, PA 191480.0 mi225$82,388,475$327,225$366,171
08104Camden, NJ 081042.1 mi68$12,665,884$189,225$186,263
08030Gloucester City, NJ 080302.3 mi58$15,229,872$249,475$262,584
19146Philadelphia, PA 191462.6 mi236$147,221,756$425,000$623,821
19107Philadelphia, PA 191072.8 mi102$57,539,118$293,500$564,109
19103Philadelphia, PA 191033.1 mi212$286,205,088$599,000$1,350,024
08063National Park, NJ 080633.5 mi14$4,380,138$332,250$312,867
08059Mount Ephraim, NJ 080593.6 mi12$4,540,788$359,389$378,399
08093Westville, NJ 080933.6 mi32$9,527,232$277,250$297,726
19104Philadelphia, PA 191044.1 mi82$26,495,348$296,250$323,114
08106Audubon, NJ 081064.3 mi16$8,129,296$484,450$508,081
19142Philadelphia, PA 191424.4 mi128$20,454,912$144,950$159,804
08086Thorofare, NJ 080864.6 mi18$5,986,116$315,000$332,562

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19148?

As of July 2026, there are 236 active listings in PHILADELPHIA, PA (zip code 19148), compared to 231 the prior year.

What is the median home price in PHILADELPHIA, PA 19148?

The median listing price in PHILADELPHIA, PA 19148 is $307,000 as of July 2026, a 7.4% decrease from $331,500 the prior year.

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

Homes in PHILADELPHIA, PA 19148 spend an average of 56 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19148?

Based on current inventory and days-on-market data as of July 2026, PHILADELPHIA, PA 19148 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 54 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 19148 save an estimated $6,140 compared to a typical 5% commission on the median listing price of $307,000. 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.