Market Intelligence · PA / Philadelphia

Philadelphia, PA 19118 Housing Market

The typical home value in 19118 is $883,672, up 7.4% over the past year. Homes are listing at a median of $1,300,000 and taking 92 days to sell as of September 2026.

Updated September 2026Median value$884K

The median home value in Philadelphia, PA 19118 is $884K as of September 2026, up 7.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 19118 range

$813K to $954K

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.

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12-month value trend

+7.4% over 12 months

Sep 2025$823K

Low $823KHigh $884K

Sep 2026$884K

The numbers

What is the 19118 housing market like?

As of September 2026

Typical home value

$884K

7.4%YoY

Median list price

$1.3M

0.2%MoM

Days on market

27.8%MoM

Homes for sale

8.0%MoM

Price cuts

6.0%

37.3%MoM

New listings

350.0%MoM

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

The outlook

19118 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 19118 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 19118 rose 7.4%, per the Zillow Home Value Index.

Will home prices drop in 19118?

Zillow's forecast does not call for a drop: it expects typical home values in 19118 to rise 1.2% by September 2027, after a 7.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 19118 home prices compare?

19118$883,672
Philadelphia$246,814
Pennsylvania$236,800
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Philadelphia: 46 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,262 ZIPs).

Context

The 19118 market shows modest activity with 27 homes for sale and 18 new listings as of September 2026. The median days on market of 92 suggests homes are taking several months to move. With a typical home value rising 7.4% annually and a median list price of $1,300,000, the area remains relatively stable. Only 6.0% of listings have received a price cut, indicating sellers are holding firm on asking prices. If you're considering selling, expect to price carefully and plan for a longer marketing window.

Monthly payment

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Home price

Down payment20% · $176,734

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Common questions

What people ask us.

What is a typical home worth in 19118?

The typical home value is $883,672 as of September 2026, up 7.4% over the past year.

How long do homes stay on the market in 19118?

The median days on market is 92 as of September 2026.

How many homes are currently for sale in 19118?

There are 27 homes for sale as of September 2026, with 18 new listings during that same period.

Discover

Nearby ZIP markets.

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