Real Estate Market Update for 19140 (Philadelphia, PA)
Welcome to November's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was up 1% compared to one year earlier, and down 3% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 50-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 33%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 40-thousand dollars. The number of units sold increased 13% year-over-year, and decreased 40% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
Show Transcript
Map Information for 19140 (Philadelphia, PA)
Area Information for 19140 (Philadelphia, PA)
  • Population: 54,759
  • Median Age: 31.44 yr
  • Median Commute Time: 31.09 mins
  • Educational Climate*: 2
  • Sales Tax: 8%
  • Population Density: 17,941/sq mi
  • Population Change Since 2000: -4.66%
  • Closest Airport: Philadelphia International
  • Closest College: Temple University School Of Medicine
  • Closest Jr. College: Community College Of Philadelphia
  • Median Household Income: $22,277
  • Annual Residential Turnover: 16.79%
  • Median Years in Residence: 4.66 yr
  • Median Home Sales Price: $40,000
  • Closest Major Sports Team: Phillies
  • Change Avg. Household Income Since 2000: 11%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 19140 (Philadelphia, PA)
Median Age: 31.44 Married: 12% Number of Households: 19,581 Households with Children: 7,721
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 19140 (Philadelphia, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Little Flower Catholic High School 0.1 mi Catholic 9-12 0 4
      Multi-cultural Academy Cs 0.3 mi Public 9-12 1 3
      Mcclure Alexander K School 0.5 mi Public PRESCHOOL-4 1 4
      Taylor Bayard School 0.5 mi Public K-5 0 0
      Faith Tabernacle School 0.6 mi Private 1-12 0 0
      St. Veronica Elementary School 0.6 mi Catholic K-8 0 3
      Hunting Park Christian Academy 0.6 mi Private PRESCHOOL-8 1 4
      Philadelphia Christian Academy 0.6 mi Private PRESCHOOL-5 0 2
      Harold O Davis Christian School 0.6 mi Private K-4 0 3
      Gratz Simon High School 0.6 mi Public 7-12 0 3
      Aspira Bilingual Cyber Charter School 0.6 mi Public K-12 0 0
      Cayuga School 0.6 mi Public K-5 0 0
      Bethune Mary Mcleod School 0.7 mi Public K-8 0 3
      Nueva Esperanza Academy Cs 0.7 mi Public 6-12 0 0
      Kenderton School 0.7 mi Public K-8 0 2
      Antonia Pantoja Community Charter School 0.7 mi Public K-8 1 0
      Cleveland Grover School 0.8 mi Public PRESCHOOL-8 0 2
      Steel Edward School 0.8 mi Public PRESCHOOL-8 1 2
      Broad Street Academy 0.8 mi Private PRESCHOOL-2 0 0
      Thomas Edison High School 0.9 mi Public 9-12 0 0
      Munoz-marin Luis 0.9 mi Public PRESCHOOL-8 1 4
      Clemente Roberto Middle School 0.9 mi Public 6-8 0 4
      Thankful Learning Center 1.0 mi Private PRESCHOOL-K 0 0
      St. Hugh School 1.0 mi Catholic K-8 0 0
      Cramp William School 1.0 mi Public K-5 0 0
      Cep/hunting Park 1.0 mi Public 6-12 0 3
      Philadelphia Learning Academy - North 1.0 mi Public 9-12 0 0
      New Harvest Christian Academy 1.2 mi Private 1-3 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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 19140 (Philadelphia, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.