Zip Code 19148

Philadelphia, PAPhiladelphia County

Real Estate Market Analysis

Q3 2025 Report
$325,000 (2025 est.)
Median Home Value
~52,000
Population
$58,000
Median Income
C+ (GreatSchools 2025)
School District Rating

Market Statistics

Property Values

$325,000 (2025 est.)
Median Home Value
$1,650/mo (2025 est.)
Median Rent
$260
Price per Sq Ft

Market Performance

Home Appreciation5.2% YoY (2024-2025)
Market VelocityAverage days on market: 28
Foreclosure Rate0.7%

Area Information

Area Size~3.5 sq mi
CountyPhiladelphia
Primary CityPhiladelphia

Housing Profile

Housing Statistics

Total Housing Units~25,000
Owner Occupied54%
Rental Properties46%
Vacant Units6%
New ConstructionActive infill and rowhome redevelopment, moderate multi-family starts

Housing Types

RowhomesTownhousesLow-rise apartmentsDuplexes

Demographics

~52,000
Population
37
Median Age
$58,000
Median Income
~95.5% (unemployment 4.5%)
Employment Rate
28% bachelor's or higher, 38% high school only, 34% some college/associate
Education Levels
Mix of families, singles, and multi-generational households
Family Composition

Education Quality

School District Performance

C+ (GreatSchools 2025)
District Rating
School DistrictSchool District of Philadelphia
Test ScoresSlightly below state average, improving trend
Graduation Rates81%

Schools in Area

  • Southwark School (K-8)
  • Furness High School
  • St. Monica School (private)
  • Girard Academic Music Program (magnet)

Economic Factors

Employment & Business

Job Growth2.1% YoY (2024-2025)
Unemployment Rate4.5% (citywide)
Business EnvironmentStrong for healthcare, education, retail, and hospitality
Commercial ActivityActive along Oregon Ave, Snyder Ave, and Passyunk Ave

Major Employers

  • Jefferson Health
  • Penn Medicine
  • Comcast
  • School District of Philadelphia

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Broad Street Line subway
  • SEPTA bus routes 4, 7, 29, 47, 79
  • I-95 and I-76 access

Utilities & Services

  • PECO (electric/gas)
  • Philadelphia Water Dept.
  • Multiple waste/recycling providers

Quality of Life

Safety & Environment

Violent crime down 15% since 2022; property crime slightly above city average

Urban, moderate air quality, improved green space access

Healthcare Access

  • Jefferson Methodist Hospital
  • Multiple urgent care centers
  • Primary care clinics

Development Trends

Planned Developments

  • Mixed-use redevelopment at Oregon Ave corridor
  • New apartment complexes on Snyder Ave

Infrastructure Projects

  • Streetscape improvements on Passyunk Ave
  • Expanded bike lanes

Investment Outlook

Growth Outlook

Steady, with moderate population and price growth expected through 2027

Investment Opportunities

  • Rowhome flips
  • Small multi-family rentals
  • Retail storefronts

Marketing Intelligence

Target Demographics

  • Young professionals
  • First-time buyers
  • Multi-generational families
  • Investors

Competitive Advantages

  • Proximity to Center City
  • Strong neighborhood identity
  • Active local business corridors

Pricing Strategies

Competitive pricing with value-add potential; incentives for first-time buyers

Common Objections & Response Strategies

Objection: Concerns about crime rates.

Response Strategy:

Highlight recent crime reductions and active community policing.

Objection: Older housing stock needs renovation.

Response Strategy:

Emphasize value-add opportunities and available renovation grants.

Objection: School quality concerns.

Response Strategy:

Showcase improving test scores and magnet/private school options.

Objection: Parking limitations.

Response Strategy:

Promote walkability, transit, and new bike infrastructure.

Professional Recommendations

1

Stay current on zoning and development news for Oregon/Snyder corridors.

2

Network with local contractors for renovation-ready listings.

3

Highlight recent crime and school improvements in marketing.

4

Target young professionals and first-time buyers with transit-focused campaigns.

5

Leverage local business partnerships for open houses and events.

Competitive Analysis

Comparable Markets

  • 19145 (Girard Estate/West Passyunk)
  • 19147 (East Passyunk/Bella Vista)
  • 19146 (Point Breeze/Graduate Hospital)

Market Positioning

Affordable urban neighborhood with strong transit and cultural amenities

Competitive Advantages

  • Lower price per sqft than 19146/19147
  • Stronger community ties than 19145

Price Comparison

19148 median home value ~$325k vs. 19146 ~$410k, 19147 ~$390k, 19145 ~$310k

Investment Metrics

5.8% (multi-family, 2025)
Cap Rates
5.2% gross
Rental Yields
16.4
Price-to-Rent
Moderate, especially for updated rentals
Cash Flow
4-6% annual through 2027
Appreciation

Buyer Journey Insights

First-Time Buyers

Appealing due to affordability, transit, and community amenities; may need guidance on renovation options.

Move-Up Buyers

Options for larger rowhomes and new construction; emphasize school and park access.

Downsizers

Single-floor rowhomes and condos available; highlight walkability and healthcare.

Investors

Strong rental demand, value-add potential, stable cap rates.

Relocators

Diverse, welcoming community with easy Center City access; emphasize cultural and dining scene.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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