The story of this market
The typical home in ZIP 19112 sells for about $850,000, or $331 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,200 a month.
ZIP 19112 — Philadelphia
The 19112 housing market is characterized by high-value, modern residential inventory driven by the ongoing redevelopment of the Navy Yard. While sales volume remains low due to limited housing stock, prices have shown steady appreciation. Demand is primarily supported by professionals working in the immediate vicinity.
This ZIP is best suited for professionals and investors seeking proximity to the Navy Yard employment hub, as the area offers a unique mix of industrial-style living and modern development.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 5.0% — a stable, low-distress profile.
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 7.3%/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 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19112, Philadelphia County PA
The area is primarily industrial and commercial, resulting in lower residential crime reports compared to surrounding urban neighborhoods.
Public schools serving this area are part of the School District of Philadelphia, with performance varying significantly by specific school site.
The ZIP code is located along the Delaware River waterfront, placing portions of the area within designated flood zones requiring flood insurance.
The area is undergoing significant redevelopment, particularly at the Philadelphia Navy Yard, which serves as a major hub for corporate offices and research facilities.
Property taxes are assessed by the City of Philadelphia; the area is subject to standard city and school district millage rates without specific MUD/PID overlays.
Commuters have direct access to I-95 and the Walt Whitman Bridge, providing efficient transit to Center City and New Jersey employment hubs.
The area features proximity to the Navy Yard's green spaces and is a short drive from FDR Park and the South Philadelphia Sports Complex.
The rental market is driven by demand from professionals working at the Navy Yard, with limited inventory keeping vacancy rates low.
The economy is anchored by the Philadelphia Navy Yard, which hosts major employers in life sciences, engineering, and corporate services.
The area is served by major highway corridors including I-95 and I-76, with limited public transit access compared to central Philadelphia.
Ongoing development focuses on expanding the residential footprint within the Navy Yard and improving waterfront access.
The Office of Property Assessment (OPA) manages all property valuations for the City of Philadelphia.
Parcels are subject to City of Philadelphia municipal taxes and the School District of Philadelphia tax levy.
Property insurance premiums are influenced by the area's proximity to the Delaware River and associated flood risk profiles.
Pennsylvania is a judicial foreclosure state requiring court intervention for the foreclosure process.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
- Adventure Aquarium4.64.1 mi
- Diggerland USA4.413.9 mi
- Franklin Square4.64.5 mi
- The Funplex4.315.3 mi
- Thrillz High Flying Adventure Park4.516.5 mi
- Lincoln Financial Field4.60.7 mi
- Citizens Bank Park4.71 mi
- Xfinity Mobile Arena4.50.8 mi
- Philadelphia Museum of Art4.85.2 mi
- Pennsylvania Convention Center Philadelphia4.54.4 mi
- Philadelphia Museum of Art4.85.2 mi
- Adventure Aquarium4.64.1 mi
- Liberty Bell4.64.1 mi
- Philadelphia Zoo4.55.8 mi
- The Franklin Institute4.64.7 mi
- Philadelphia Museum of Art4.85.2 mi
- Liberty Bell4.64.1 mi
- Philadelphia Museum of Art Steps4.75.2 mi
- The Franklin Institute4.64.7 mi
- Independence Hall4.74 mi
- Philadelphia Zoo4.55.8 mi
- JFK Plaza (Love Park)4.54.3 mi
- Franklin Square4.64.5 mi
- FDR Park4.51.3 mi
- Rittenhouse Square4.74 mi
- Cooper River Park4.66 mi
- Gillin Boathouse, Saint Joseph's University/St. Joseph's Preparatory School4.67.2 mi
- Corinthian Yacht Club of Philadelphia4.77.8 mi
- Penn's Landing Marina4.73.8 mi
- Gloucester City Marina4.51.8 mi
- Ramblewood Country Club4.312.3 mi
- RiverWinds Golf & Tennis Club4.33.4 mi
- Merion Golf Club4.711 mi
- Ron Jaworski's Valleybrook Country Club4.47.5 mi
- Pine Valley Golf Club4.512.2 mi
- Reading Terminal Market4.74.3 mi
- Cherry Hill Mall4.48.1 mi
- Gloucester Premium Outlets4.59.4 mi
- Deptford Mall4.35.4 mi
- H Mart Philadelphia4.610.9 mi
- Philadelphia International Airport3.84.4 mi
- Wilmington Airport4.327.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic shipyard converted into a major corporate campus with parks and walking trails.
A large regional park featuring lakes, sports fields, and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.