The story of this market
The typical home in ZIP 19150 sells for about $239,630, or $155 per square foot.
Prices are down 1.79% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,273 a month.
ZIP 19150 — Philadelphia
The 19150 housing market shows signs of stabilization with a median price of $169,000 and a moderate inventory level. While year-over-year prices have seen a slight decline, the area remains an affordable option for local buyers. Market activity is driven by steady demand for single-family homes, though high unemployment rates in the ZIP continue to influence overall economic sentiment.
This ZIP is well-suited for first-time homebuyers and families seeking more affordable housing options within the Philadelphia city limits while maintaining access to urban amenities.
Median prices moved down 1.8% year over year.
Homes spend a median of 48 days on market with 4.7 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.3% · poverty 8.5% — a stable, low-distress profile.
Built from 318 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 1.7%/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 2.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19150, Philadelphia County PA
Crime rates in the 19150 area are generally consistent with broader Philadelphia urban trends, with property crime being the primary concern for residents.
Public schools in the area are part of the School District of Philadelphia, with performance ratings varying significantly by individual school facility.
The area faces standard urban environmental risks, primarily related to aging infrastructure and localized stormwater management during heavy precipitation events.
Economic momentum is tied to the broader Philadelphia regional economy, with proximity to major medical and educational institutions providing a stable employment base.
Property taxes are assessed by the City of Philadelphia and the Philadelphia School District, utilizing a uniform millage rate applied to the assessed value of real estate.
Residents benefit from proximity to regional rail lines and major thoroughfares like Route 309, facilitating access to Center City Philadelphia.
The area features access to local neighborhood parks and is within a short drive of the larger Wissahickon Valley Park trail systems.
The rental market is characterized by steady demand for multi-family units, with vacancy rates remaining low due to the area's affordability relative to Center City.
The local economy is anchored by healthcare, education, and public sector employment within the Philadelphia metropolitan area.
The area is served by SEPTA bus routes and is proximate to regional rail stations connecting to Center City.
Development is largely focused on infill projects and the modernization of existing commercial corridors.
The Office of Property Assessment (OPA) manages the city-wide assessment cycle for all residential and commercial parcels.
Parcels are subject to city-wide school district taxes and municipal service levies.
Property insurance premiums are influenced by urban density and regional weather patterns typical of the Mid-Atlantic.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
- Adventure Aquarium4.69 mi
- Sesame Place Philadelphia4.117.5 mi
- Franklin Square4.68.2 mi
- Thrillz High Flying Adventure Park4.59.9 mi
- The Funplex4.316.4 mi
- Lincoln Financial Field4.611.8 mi
- Citizens Bank Park4.711.5 mi
- Xfinity Mobile Arena4.511.9 mi
- Philadelphia Museum of Art4.87.4 mi
- Pennsylvania Convention Center Philadelphia4.58.1 mi
- Philadelphia Museum of Art4.87.4 mi
- Parx Casino4.111.8 mi
- Liberty Bell4.68.6 mi
- Adventure Aquarium4.69 mi
- Philadelphia Zoo4.57.1 mi
- Philadelphia Museum of Art4.87.4 mi
- Liberty Bell4.68.6 mi
- Philadelphia Museum of Art Steps4.77.5 mi
- The Franklin Institute4.67.9 mi
- Independence Hall4.78.6 mi
- Philadelphia Zoo4.57.1 mi
- JFK Plaza (Love Park)4.58.2 mi
- Franklin Square4.68.2 mi
- Morris Arboretum & Gardens of the University of Pennsylvania4.83 mi
- FDR Park4.511.8 mi
- Topgolf Philadelphia4.19.2 mi
- Philadelphia Cricket Club4.83.8 mi
- Union League Liberty Hill4.74.4 mi
- Jeffersonville Golf Club4.312.4 mi
- Merion Golf Club4.79 mi
- King of Prussia4.611.8 mi
- Reading Terminal Market4.78.3 mi
- Cherry Hill Mall4.411.9 mi
- Willow Grove Park4.45.2 mi
- Franklin Mall4.211 mi
- Philadelphia International Airport3.814.4 mi
- Trenton-Mercer Airport3.923.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive hiking and biking trails located nearby.
Local retail hub serving the immediate community.
Key-figure check: median price diverges 29.5% from the nearest retained anchor (published ten-year series (2025)) — 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 $169,000 (29.5% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $169,000 (-29.5% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.