The housing median value in 19122 Philadelphia, PA is $270,500 which is significantly lower than the US House Median Value of $338,100. Despite this difference, house appreciation in 19122 has been strong with a 1 year appreciation rate of 6.96%, just slightly lower than the nationwide 8.27% growth rate. This suggests that 19122 Philadelphia remains an attractive market for homebuyers looking to invest in real estate.
The median home cost in Philadelphia (zip 19122) is $270,500. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Philadelphia (zip 19122) is up 7.1%.
Average Age of Homes
- The median age of Philadelphia (zip 19122) real estate is 58 years old
The Rental Market in Philadelphia (zip 19122)
- Renters make up 49.2% of the Philadelphia (zip 19122) population
- 2.7% of houses and apartments in Philadelphia (zip 19122), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.