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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −26.5% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +24.2% YoY, is the number to watch.
The median listing price is down 26.5% YoY while the median home got down 21.3% bigger, so value per square foot is down 7.5%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $1.30M purchase rents for $1,665/mo: 0.13% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 4 BR (sale only, no matching rent), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Sales here take about 37 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 19118 itself, not its parent county.
Renters hold 49.3% of this ZIP's 4,660 occupied households, on a median household income of $110K.
| Measure | ZIP 19118 | Philadelphia County | Difference |
|---|---|---|---|
| Median Household Income | $110K | $62K | +$48K |
| Below Poverty Level | 7.0% | 21.4% | -14.4% |
| Median Age | 46.60 | 35.30 | +11.30 |
| Total Population | 9,978 | 1,579,706 | -- |
| Avg Household Size | 1.97 | 2.26 | -0.29 |
| Owner-Occupied | 50.7% | 51.8% | -1.1% |
| Worked From Home | 34.4% | 18.4% | +16.0% |
| Mean Commute | 30.50 | 31.70 | -1.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.2% to 1,579,706: residents under 18 are down 1.2% and those 65 and over are up 2.2%.
County median household income is $62K, 21.4% of residents are below the poverty level, 18.4% work from home.