The story of this market
The typical home in ZIP 19122 sells for about $349,921, or $274 per square foot.
Prices are down 7.7% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,471 a month.
ZIP 19122 — Philadelphia
The 19122 housing market is currently experiencing a price correction with a 7.7% year-over-year decline in median sale prices. High inventory levels and a shift in buyer sentiment have led to longer days on market, reflecting a cooling trend in this urban Philadelphia neighborhood.
This ZIP is best suited for young professionals, students, and investors looking for urban proximity to Temple University and Center City, though it requires careful due diligence regarding property condition.
Median prices moved down 7.7% year over year.
Homes spend a median of 45 days on market with 4.2 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 9.5% · poverty 35.6% — elevated distress and economic pressure.
Built from 394 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 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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 19122, Philadelphia County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in 19122 remain elevated compared to regional averages, with property and violent crime trends showing persistent challenges typical of urban Philadelphia neighborhoods.
Public schools serving the area generally receive lower performance ratings, with many families opting for charter or private alternatives within the Philadelphia school system.
The area faces standard urban environmental risks, including localized flood potential in low-lying sections and typical urban heat island effects; insurance premiums are influenced by city-wide fire and theft risk profiles.
Development momentum is driven by adaptive reuse of industrial spaces and proximity to Temple University, though large-scale corporate infrastructure remains limited compared to the Center City core.
Property taxes are assessed by the City of Philadelphia based on the Office of Property Assessment (OPA) valuations, with a uniform millage rate applied to all residential parcels; no special MUD/PID districts are typically attached.
Residents benefit from high transit accessibility via SEPTA's Market-Frankford Line and various bus routes, providing efficient access to the Center City employment hub.
The area features several local parks and community gardens, with proximity to the Delaware River waterfront and the shopping/dining corridors of Olde Kensington and Northern Liberties.
The rental market is highly active with significant demand from students and young professionals, though high vacancy pressure exists in older housing stock; short-term rental activity is regulated by city ordinances.
The economy is anchored by higher education, healthcare, and a growing service sector, with significant spillover from the nearby Center City business district.
The area is well-served by the SEPTA Market-Frankford Line and extensive bus networks, facilitating easy commutes to major employment centers.
Development is focused on infill residential projects and the revitalization of former industrial corridors bordering the neighborhood.
Parcels are subject to the Philadelphia School District and city-wide municipal tax levies; no specialized utility or flood control districts are applicable.
Property insurance premiums are generally higher due to urban density and historical fire risk profiles in older row-home construction.
Data retrieved from US Census Bureau ZCTA profiles and ACS 5-year estimates.
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 Aquarium4.62.4 mi
- Diggerland USA4.416.5 mi
- Franklin Square4.61.7 mi
- Thrillz High Flying Adventure Park4.513.1 mi
- The Funplex4.313.5 mi
- Lincoln Financial Field4.65.5 mi
- Citizens Bank Park4.75.2 mi
- Xfinity Mobile Arena4.55.6 mi
- Philadelphia Museum of Art4.82.1 mi
- Pennsylvania Convention Center Philadelphia4.51.9 mi
- Philadelphia Museum of Art4.82.1 mi
- Adventure Aquarium4.62.4 mi
- Liberty Bell4.62.1 mi
- Philadelphia Zoo4.52.7 mi
- The Franklin Institute4.62.1 mi
- Philadelphia Museum of Art4.82.1 mi
- Liberty Bell4.62.1 mi
- Philadelphia Museum of Art Steps4.72.1 mi
- The Franklin Institute4.62.1 mi
- Independence Hall4.72.1 mi
- Philadelphia Zoo4.52.7 mi
- JFK Plaza (Love Park)4.52 mi
- Franklin Square4.61.7 mi
- FDR Park4.55.7 mi
- Morris Arboretum & Gardens of the University of Pennsylvania4.88.5 mi
- Cooper River Park4.65.9 mi
- Gillin Boathouse, Saint Joseph's University/St. Joseph's Preparatory School4.62.8 mi
- Riverton Yacht Club4.77.2 mi
- Penn's Landing Marina4.72.5 mi
- Gloucester City Marina4.55.8 mi
- Topgolf Mount Laurel4.412.8 mi
- Topgolf Philadelphia4.111.7 mi
- Philadelphia Cricket Club4.89.8 mi
- Union League Liberty Hill4.78.8 mi
- Ramblewood Country Club4.311.8 mi
- Reading Terminal Market4.72 mi
- Cherry Hill Mall4.46.9 mi
- Deptford Mall4.310.5 mi
- Willow Grove Park4.411.2 mi
- Franklin Mall4.212.3 mi
- Philadelphia International Airport3.89 mi
- Trenton-Mercer Airport3.926.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution driving local economy and housing demand.
Historic waterfront park providing green space and river views.
Popular commercial corridor with diverse restaurants and retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.