Market Intelligence · PA / Philadelphia

Philadelphia, PA 19122 Housing Market

The typical home value in Philadelphia's 19122 ZIP code is $302,098, down 2.8% over the past year. Homes are listed at a median price of $350,000 and stay on the market for a median of 73 days.

Updated September 2026Median value$302K

The median home value in Philadelphia, PA 19122 is $302K as of September 2026, down 2.8% 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 19122 range

$278K to $326K

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

-2.8% over 12 months

Typical home value in 19122 over the last 12 months: $311K in Sep 2025 to $302K in Sep 2026 (-2.8%).

Sep 2025$311K

Sep 2026$302K

The numbers

What is the 19122 housing market like?

Typical home value

$302K

Down2.8%YoY

Median list price

$350K

Flat0.0%MoM

Days on market

73

Up14.1%MoM

Homes for sale

97

Up11.5%MoM

Price cuts

23.4%

Up50.6%MoM

New listings

28

Up40.0%MoM

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

The outlook

19122 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 19122 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 19122 fell 2.8%, per the Zillow Home Value Index.

Will home prices drop in 19122?

Zillow's forecast does not call for a drop: it expects typical home values in 19122 to rise 1.2% by September 2027, after a 2.8% 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 19122 home prices compare?

  • 19122$302,098
  • 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

Philadelphia 19122 has 97 homes for sale as of September 2026, with 28 new listings added during the period. The median list price of $350,000 sits above the typical home value of $302,098, reflecting how individual properties vary in condition and location. Nearly a quarter of listings, specifically 23.4%, have already been reduced in price. With homes taking a median of 73 days to sell, this is a buyer-favorable market where negotiation room exists for most sellers.

Monthly payment

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20% · $60,420

Common questions

What people ask us.

What is the typical home value in Philadelphia 19122?

The typical home value is $302,098, down 2.8% over the past year as of September 2026.

How long do homes typically stay on the market in 19122?

Homes in this ZIP have a median of 73 days on the market.

Are sellers reducing prices in Philadelphia 19122?

Yes. As of September 2026, 23.4% of listings had a price cut.

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