Real Estate Market Update for 19103 (Philadelphia, PA)

Video: Real Estate Community Tour for 19103 (Philadelphia, PA)

See Real estate community tour for 19103 (Philadelphia, PA)
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 21% from one year earlier, and down 15% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 23%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 410-thousand dollars. The number of units sold decreased 52% year-over-year, and decreased 24% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 19103 (Philadelphia, PA)
Area Information for 19103 (Philadelphia, PA)
  • Population: 21,854
  • Median Age: 35.23 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 5
  • Sales Tax: 8%
  • Population Density: 34,200/sq mi
  • Population Change Since 2000: 12.14%
  • Closest Airport: Philadelphia International
  • Closest College: Curtis Institute Of Music
  • Closest Jr. College: Metropolitan Career Center
  • Median Household Income: $66,645
  • Annual Residential Turnover: 23%
  • Median Home Sales Price: $481,500
  • Closest Major Sports Team: Philadelphia 76ers
  • Change Avg. Household Income Since 2000: 56.65%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 19103 (Philadelphia, PA)
Median Age: 35.23 Married: 28% Number of Households: 14,856 Households with Children: 686
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 19103 (Philadelphia, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Freire Cs 0.1 mi Public 9-12 3 4
      Freire Charter School Middle School 0.1 mi Public 5-8 0 0
      De La Salle In Town 0.1 mi Catholic UNGRADE-UNGRADE 0 0
      Science Leadership Academy 0.2 mi Public 9-12 4-5 5
      Greenfield Albert M School 0.2 mi Public K-8 2 4
      Russell Byers Cs 0.2 mi Public K-6 2-5 4
      Greene Towne School 0.2 mi Private PRESCHOOL-K 0 0
      Kindercare 0.3 mi Private PRESCHOOL-K 0 0
      Friends Select School 0.4 mi Private PRESCHOOL-12 0 4
      Jw Hallahan Catholic Girls' High School 0.5 mi Catholic 9-12 0 3
      The City School 0.5 mi Private 9-12 0 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for 19103 (Philadelphia, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.