Market Intelligence · PA / Philadelphia

Philadelphia, PA 19129 Housing Market

Homes in Philadelphia's 19129 ZIP are valued at a typical $317,176, up 1.7% over the past year. The median list price sits at $312,000, with homes spending an average of 42 days on market as of September 2026.

Updated September 2026Median value$317K

The median home value in Philadelphia, PA 19129 is $317K as of September 2026, up 1.7% 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 19129 range

$292K to $343K

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

+1.7% over 12 months

Typical home value in 19129 over the last 12 months: $312K in Sep 2025 to $317K in Sep 2026 (+1.7%).

Sep 2025$312K

Sep 2026$317K

The numbers

What is the 19129 housing market like?

Typical home value

$317K

Up1.7%YoY

Median list price

$312K

Down3.4%MoM

Days on market

42

Down17.6%MoM

Homes for sale

34

Up21.4%MoM

Price cuts

20.8%

Up66.2%MoM

New listings

22

Up10.0%MoM

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

The outlook

19129 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 19129 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 19129 rose 1.7%, per the Zillow Home Value Index.

Will home prices drop in 19129?

Zillow's forecast does not call for a drop: it expects typical home values in 19129 to rise 1.3% by September 2027, after a 1.7% 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 19129 home prices compare?

  • 19129$317,176
  • 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 inventory remains lean with 34 homes for sale as of September 2026, though new listings are arriving at a moderate pace of 22 in the same period. Median days on market of 42 suggests a balanced pace of sale activity. One notable signal appears in the share of listings carrying a price cut: 20.8% of homes have seen reductions since listing. For sellers, this suggests that while the typical home value has gained ground over the past year, pricing strategy matters more now than it might in a faster-moving market.

Monthly payment

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Common questions

What people ask us.

What is the typical home value in 19129?

As of September 2026, the typical home value in Philadelphia's 19129 ZIP is $317,176, reflecting a 1.7% increase over the past year.

How long do homes typically stay on the market here?

The median days on market is 42 as of September 2026, indicating a moderate sales pace.

What share of homes have seen price cuts?

As of September 2026, 20.8% of active listings in the ZIP have had a price reduction since being listed.

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