Market Intelligence · PA / Philadelphia

Philadelphia, PA 19118 Housing Market

The typical home value in Philadelphia, PA 19118 is $899,449, up 7.2% over the past year as of 2026-08-01. The median list price is $1,297,500, and homes are spending a median of 72 days on the market.

Updated August 2026Median value$899K

The median home value in Philadelphia, PA 19118 is $899K as of August 2026, up 7.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Get a cash offer

Sell without the wait

Sell your Philadelphia home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 19118 range

$827K to $971K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 19118 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Philadelphia, PA.

12-month value trend

+7.2% over 12 months

Typical home value in 19118 over the last 12 months: $839K in Aug 2025 to $899K in Aug 2026 (+7.2%).

Aug 2025$839K

Aug 2026$899K

The numbers

What is the 19118 housing market like?

Typical home value

$899K

Up7.2%YoY

Median list price

$1.3M

Up40.3%MoM

Days on market

72

Up50.0%MoM

Homes for sale

25

Down16.7%MoM

Price cuts

9.5%

Down27.6%MoM

New listings

4

Down33.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 19118 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 19118 home prices compare?

  • 19118$899,449
  • Philadelphia$249,095
  • Pennsylvania$239,873
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Philadelphia: 46 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,265 ZIPs).

Context

There were 25 homes for sale in 19118 as of 2026-08-01, with 4 new listings coming on. The median list price is $1,297,500, while the typical home value is $899,449, up 7.2% over the past year. Homes are taking a median of 72 days to sell, and 9.5% of listings have taken a price cut. That points to a market where values are rising but buyers are not rushing. Sellers should price carefully and expect patience to matter more than timing.

Monthly payment

Estimate your monthly payment.

20% · $179,890

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.