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Philadelphia, PA 19123 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Philadelphia, PA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 4747PendingPending sales: 44
Philadelphia, PA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $599k$599kSoldMedian sold price (last 6 months): $550k$550k
What homes actually sell for in Philadelphia, PA
Distribution of 169 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $360k to $725k
$257k to $362k: 36 sales36sales$257k$362k to $467k: 27 sales$467k to $572k: 16 sales$467k$572k to $676k: 32 sales$676k to $781k: 19 sales$676k$781k to $886k: 7 sales$886k to $991k: 7 sales$886k$991k to $1.1M: 8 salesMedian $550k

What the numbers say

As of October 26, 2026, Resideline is tracking 47 active listings and 4 pending sales in ZIP code 19123. That pending-to-active ratio of 0.09 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $599,000, while the median of the 169 closed sales Resideline tracked over the last six months was $550,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 19123 for 104 days.

Frequently asked questions

What is the median home price in 19123?

The median closed sale price in Philadelphia, PA 19123 was $550,000 over the last six months, based on 169 closed sales tracked by Resideline. The middle half of those sales ranged from $360,000 to $725,000.

Is 19123 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 47 active listings in 19123, a pending-to-active ratio of 0.09. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 19123 is currently a typical-pace market.

Nearby ZIP code market data

Full Philadelphia, PA housing market report →

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