Market Intelligence · PA / Philadelphia

Philadelphia, PA 19124 Housing Market

In Philadelphia, PA 19124, the typical home value is $175,984, up 1.6% over the past year as of 2026-08-01. The median list price is $199,900, and homes spend a median of 64 days on market.

Updated August 2026Median value$176K

The median home value in Philadelphia, PA 19124 is $176K as of August 2026, up 1.6% 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.

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Typical 19124 range

$162K to $190K

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

+1.6% over 12 months

Typical home value in 19124 over the last 12 months: $173K in Aug 2025 to $176K in Aug 2026 (+1.6%).

Aug 2025$173K

Aug 2026$176K

The numbers

What is the 19124 housing market like?

Typical home value

$176K

Up1.6%YoY

Median list price

$200K

Down4.8%MoM

Days on market

64

Up36.2%MoM

Homes for sale

154

Up5.5%MoM

Price cuts

18.9%

Up13.2%MoM

New listings

56

Up7.7%MoM

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

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The comparison

How do 19124 home prices compare?

  • 19124$175,984
  • 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

As of 2026-08-01, there are 154 homes for sale in 19124, with 56 new listings adding to supply. The typical home value is $175,984, up 1.6% over the past year, while the median list price is $199,900. Homes are taking a median of 64 days to sell, and 18.9% of listings have taken a price cut. Values are rising only modestly, and asking prices sit well above typical value. Sellers should price realistically and expect some negotiation.

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