Real Estate Market Update for 19121 (Philadelphia, PA)

Video: Real Estate Community Tour for 19121 (Philadelphia, PA)

See Real estate community tour for 19121 (Philadelphia, PA)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 52% from one year earlier, and down 13% 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 140-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 67%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 130-thousand dollars. The number of units sold increased 33% year-over-year, and increased 20% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 19121 (Philadelphia, PA)
Area Information for 19121 (Philadelphia, PA)
  • Population: 41,358
  • Median Age: 28.4 yr
  • Median Commute Time: 44 mins
  • Educational Climate*: 1
  • Sales Tax: 6%
  • Population Density: 18,704/sq mi
  • Population Change Since 2000: 18.95%
  • Closest Airport: Philadelphia International
  • Closest College: Temple University
  • Closest Jr. College: Community College Of Philadelphia
  • Median Household Income: $21,312
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $75,000
  • Closest Major Sports Team: Philadelphia 76ers
  • Change Avg. Household Income Since 2000: 37%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 19121 (Philadelphia, PA)
Median Age: 28.4 Married: 10% Number of Households: 15,060 Households with Children: 3,758
Community:
    • 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 19121 (Philadelphia, PA)

      School Name Distance Type Grades School Rating Parent Rating
      White Dove Performing Arts Academy 0.2 mi Private PRESCHOOL-5 0 0
      Kelley William D School 0.2 mi Public PRESCHOOL-8 0 0
      Gideon Edward School 0.2 mi Public K-8 0 0
      James G Blaine Academic Plus 0.3 mi Public PRESCHOOL-8 0 0
      Community Partnership 0.4 mi Private PRESCHOOL-5 0 0
      Dick William School 0.4 mi Public K-8 0 0
      Morris Robert School 0.4 mi Public K-8 0 0
      Celestial Christian Academy 0.5 mi Private K-7 0 0
      Hope Christian Academy 0.5 mi Private K-5 0 0
      Frederick Douglass Mastery Charter School 0.5 mi Public K-8 0 0
      Strawberry Mansion High School 0.6 mi Public 9-12 0 0
      Girard College 0.7 mi Private 1-12 0 0
      Al Mosheh Shule Of Positive Ed 0.7 mi Private K-7 0 0
      Alliance For Progress Cs 0.7 mi Public K-8 1 0
      Meade Gen George C School 0.8 mi Public K-8 0 0
      Gesu School 1.0 mi Catholic PRESCHOOL-8 0 0
      Carver Engineering And Science High School 1.0 mi Public 7-12 5 4
      Duckrey Tanner School 1.1 mi Public PRESCHOOL-8 0 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 19121 (Philadelphia, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.