The story of this market
The typical home in ZIP 19147 sells for about $549,837, or $374 per square foot.
Prices are up +7.8% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,716 a month.
ZIP 19147 — Philadelphia
The 19147 housing market shows resilience with a median sale price of approximately $550K and steady year-over-year appreciation. While vacancy rates and rental demand present some challenges, the area's high walkability and proximity to Center City continue to drive interest from buyers and renters alike.
This ZIP is ideal for urban professionals, young families, and investors seeking proximity to Center City, walkability, and historic character, though it requires navigating a dense, competitive urban market.
Median prices moved up 7.8% year over year.
Homes spend a median of 43 days on market with 4.2 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 11.0% — a stable, low-distress profile.
Built from 981 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.
versus the prior ACS vintage
ZCTA 19147, Philadelphia County PA
Crime trends in the 19147 area are monitored as part of the broader Philadelphia urban environment, which experiences higher property crime rates compared to national averages. Local safety perceptions vary significantly by neighborhood block.
Public schools serving the area are part of the School District of Philadelphia, with performance ratings varying widely across individual school sites.
The area faces standard urban climate risks, including potential for localized flash flooding during heavy rain events and typical urban heat island effects.
The area benefits from proximity to Center City Philadelphia's employment core and ongoing infill residential development, though large-scale industrial growth is limited by the dense, historic urban fabric.
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 taxable real estate.
Residents benefit from high walkability and extensive access to SEPTA bus and subway lines, providing efficient transit connections to Center City employment hubs.
The ZIP features significant access to the Delaware River waterfront, numerous historic parks, and the vibrant dining and shopping corridors of Passyunk Square and South Street.
The rental market is characterized by steady demand, though vacancy pressure has been noted in some segments; the area remains a popular choice for urban professionals and students.
The local economy is anchored by the broader Philadelphia labor market, with significant employment concentrations in healthcare, education, and professional services in nearby Center City.
The area is served by a dense network of SEPTA bus routes and the Broad Street Line subway, facilitating easy transit-oriented commuting.
Development is primarily focused on small-scale residential infill and the adaptive reuse of historic structures rather than large-scale master-planned projects.
The Philadelphia Office of Property Assessment (OPA) manages the city-wide assessment regime, conducting annual valuations for all residential and commercial parcels.
Parcels are subject to the School District of Philadelphia tax levies and standard municipal utility service districts.
Property insurance premiums are influenced by the urban density and historic construction types prevalent in the area, with standard coverage available through major carriers.
Data retrieved from US Census Bureau ZCTA profiles and local market aggregators.
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 Aquarium4.61.3 mi
- Diggerland USA4.414.8 mi
- Franklin Square4.61.4 mi
- Thrillz High Flying Adventure Park4.514.7 mi
- The Funplex4.313.9 mi
- Lincoln Financial Field4.62.5 mi
- Citizens Bank Park4.72.2 mi
- Xfinity Mobile Arena4.52.6 mi
- Philadelphia Museum of Art4.82.6 mi
- Pennsylvania Convention Center Philadelphia4.51.5 mi
- Philadelphia Museum of Art4.82.6 mi
- Adventure Aquarium4.61.3 mi
- Liberty Bell4.61 mi
- Philadelphia Zoo4.53.4 mi
- The Franklin Institute4.62 mi
- Philadelphia Museum of Art4.82.6 mi
- Liberty Bell4.61 mi
- Philadelphia Museum of Art Steps4.72.5 mi
- The Franklin Institute4.62 mi
- Independence Hall4.71 mi
- Philadelphia Zoo4.53.4 mi
- JFK Plaza (Love Park)4.51.5 mi
- Franklin Square4.61.4 mi
- FDR Park4.52.8 mi
- Morris Arboretum & Gardens of the University of Pennsylvania4.811.2 mi
- Penn's Landing Marina4.70.8 mi
- Gloucester City Marina4.53 mi
- Wiggins Park Marina4.41.2 mi
- Philadelphia Cricket Club4.812.6 mi
- Union League Liberty Hill4.711.2 mi
- Ramblewood Country Club4.311.5 mi
- RiverWinds Golf & Tennis Club4.36.2 mi
- Merion Golf Club4.79.7 mi
- Reading Terminal Market4.71.3 mi
- Cherry Hill Mall4.46.7 mi
- Gloucester Premium Outlets4.511.6 mi
- Deptford Mall4.37.7 mi
- H Mart Philadelphia4.67.8 mi
- Philadelphia International Airport3.86.5 mi
- Trenton-Mercer Airport3.929.5 mi
- Wilmington Airport4.330 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 and vibrant corridor known for its eclectic mix of shops, restaurants, and entertainment venues.
A highly regarded culinary destination featuring numerous independent restaurants and cafes.
Provides public access to trails, piers, and seasonal recreational programming.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).