Market Intelligence · PA / Philadelphia

Philadelphia, PA 19121 Housing Market

Homes in Philadelphia 19121 have a typical value of $191,528, down 1.3% over the past year. The median list price stands at $247,175, with homes taking a median 81 days to sell as of September 2026.

Updated September 2026Median value$192K

The median home value in Philadelphia, PA 19121 is $192K as of September 2026, down 1.3% 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 19121 range

$176K to $207K

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

-1.3% over 12 months

Sep 2025$194K

Low $192KHigh $196K

Sep 2026$192K

The numbers

What is the 19121 housing market like?

As of September 2026

Typical home value

$192K

1.3%YoY

Median list price

$247K

0.9%MoM

Days on market

19.1%MoM

Homes for sale

258

2.8%MoM

Price cuts

23.9%

1.2%MoM

New listings

30.8%MoM

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

The outlook

19121 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 19121 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 19121 fell 1.3%, per the Zillow Home Value Index.

Will home prices drop in 19121?

Zillow's forecast does not call for a drop: it expects typical home values in 19121 to rise 1.2% by September 2027, after a 1.3% decline 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 19121 home prices compare?

19121$191,528
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 19121 market shows modest inventory with 258 homes for sale and 68 new listings as of September 2026. Nearly a quarter of listings carry a price cut, at 23.9%, reflecting buyer caution in a cooling market. The gap between typical home value and median list price suggests homes are listed above what comparable properties have recently sold for. The 81-day median time on market indicates slower movement than stronger markets. If you are considering selling, expect a patient process and be prepared to price competitively.

Monthly payment

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Home price

Down payment20% · $38,306

Term

Rate (%)

Common questions

What people ask us.

What is a typical home value in 19121?

The typical home value in 19121 is $191,528, down 1.3% over the past year as of September 2026.

How long do homes typically stay on the market in 19121?

Homes in 19121 take a median 81 days to sell, as of September 2026.

What percentage of homes have price cuts in 19121?

As of September 2026, 23.9% of listings in 19121 carry a price cut.

Discover

Nearby ZIP markets.

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