The story of this market
The typical home in ZIP 19106 sells for about $625,000, or $435 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 79 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,238 a month.
ZIP 19106 — Philadelphia
The 19106 housing market remains stable with high demand driven by its historic character and proximity to Center City. While inventory is limited, price growth has moderated compared to previous years, reflecting broader affordability constraints. Data for specific metrics like months of supply and price cut percentages are based on current portal listings.
This ZIP is ideal for young professionals, commuters, and history enthusiasts who prioritize walkability and access to urban amenities over suburban space.
Median prices moved up 2.2% year over year.
Homes spend a median of 79 days on market with 4.2 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 6.1% — a stable, low-distress profile.
Built from 325 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19106, Philadelphia County PA
The area experiences property crime rates consistent with dense urban centers in Philadelphia, though it benefits from high foot traffic and tourism-related security in the Old City district.
Public schools serving the area are part of the School District of Philadelphia, with performance varying significantly by specific school site and program offerings.
The ZIP code includes low-lying areas near the Delaware River waterfront, which are subject to flood risk management protocols.
Development is driven by high-density residential infill and historic preservation projects, with proximity to the Center City employment core serving as a primary economic anchor.
Property taxes are assessed by the City of Philadelphia based on market value; the city utilizes a uniform tax rate applied to the assessed value, with specific homestead exemptions available for owner-occupants.
Residents benefit from excellent walkability and immediate access to SEPTA Market-Frankford Line and regional rail stations, providing rapid transit to the Center City business district.
The area features significant historic amenities including Independence National Historical Park, the Delaware River Trail, and numerous dining and retail districts in Old City.
The rental market is highly competitive due to the area's popularity with young professionals and proximity to major employment hubs, with a mix of historic apartments and modern luxury units.
The economy is anchored by tourism, government services, and professional services located in nearby Center City.
The area is served by extensive public transit, including the Market-Frankford Line and numerous bus routes, with easy access to I-95.
Ongoing waterfront revitalization projects continue to shape the eastern edge of the ZIP code.
The Office of Property Assessment (OPA) is responsible for the annual valuation of all properties in Philadelphia County.
Parcels are subject to the School District of Philadelphia and city-wide municipal service districts.
Property insurance premiums are influenced by the area's urban density and proximity to the Delaware River flood zone.
Pennsylvania is a judicial foreclosure state, requiring court action to initiate the foreclosure process.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Adventure Aquarium4.60.8 mi
- Diggerland USA4.415.1 mi
- Franklin Square4.60.5 mi
- Thrillz High Flying Adventure Park4.514.3 mi
- The Funplex4.313.5 mi
- Lincoln Financial Field4.63.5 mi
- Citizens Bank Park4.73.2 mi
- Xfinity Mobile Arena4.53.6 mi
- Philadelphia Museum of Art4.82.2 mi
- Pennsylvania Convention Center Philadelphia4.51 mi
- Philadelphia Museum of Art4.82.2 mi
- Adventure Aquarium4.60.8 mi
- Liberty Bell4.60.2 mi
- Philadelphia Zoo4.53 mi
- The Franklin Institute4.61.6 mi
- Philadelphia Museum of Art4.82.2 mi
- Liberty Bell4.60.2 mi
- Philadelphia Museum of Art Steps4.72.1 mi
- The Franklin Institute4.61.6 mi
- Independence Hall4.70.2 mi
- Philadelphia Zoo4.53 mi
- JFK Plaza (Love Park)4.51.1 mi
- Franklin Square4.60.5 mi
- FDR Park4.53.8 mi
- Morris Arboretum & Gardens of the University of Pennsylvania4.810.4 mi
- Cooper River Park4.64.9 mi
- Gillin Boathouse, Saint Joseph's University/St. Joseph's Preparatory School4.64 mi
- Penn's Landing Marina4.70.5 mi
- Gloucester City Marina4.53.8 mi
- Wiggins Park Marina4.40.9 mi
- Topgolf Mount Laurel4.412.9 mi
- Philadelphia Cricket Club4.811.7 mi
- Union League Liberty Hill4.710.5 mi
- Ramblewood Country Club4.311.3 mi
- RiverWinds Golf & Tennis Club4.37.2 mi
- Reading Terminal Market4.70.8 mi
- Cherry Hill Mall4.46.4 mi
- Deptford Mall4.38.5 mi
- Gloucester Premium Outlets4.512.4 mi
- H Mart Philadelphia4.66.8 mi
- Philadelphia International Airport3.87.4 mi
- Trenton-Mercer Airport3.928.5 mi
- Wilmington Airport4.330.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Home to the Liberty Bell and Independence Hall.
A multi-use waterfront trail providing recreational space.
A historic neighborhood known for art galleries, boutiques, and restaurants.
Key-figure check: median price diverges 27.2% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $455,000 (27.2% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $455,000 (-27.2% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.