University City, Philadelphia, PA—19104
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — University City, Philadelphia, PA
As of Oct '25, the median home price in University City, Philadelphia, PA is $220,000, with a year-over-year change of -1.6%. This indicates that home prices in University City, Philadelphia, PA are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | -1.6% |
| Single Family | $214,000 | -2.3% |
| Condos | $319,000 | -2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $256,000 | 6.7% |
2 Bed | $253,000 | 1.6% |
3 Bed | $142,000 | -1.4% |
4 Bed | $287,000 | 1.8% |
| 5 Bed | $490,000 | 0.0% |
% of Housing Stock
Rental Trends — University City, Philadelphia, PA
As of July '25, Rentcast reports the average rent in University City, Philadelphia, PA is $1,920, with a year-over-year rent change of -6.3%. Per bedroom, the median rent as of July '25 in University City, Philadelphia, PA is studios: $1,330, 1-bedrooms: $1,700, 2-bedrooms: $2,170, 3-bedrooms: $2,280, 4-bedrooms: $2,300. The most common rental property sizes in University City, Philadelphia, PA are 1-bedroom and 2-bedroom, accounting for 32.1% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,920 |
| Studio Rent | $1,190 | $1,330 |
| 1 Bed Rent | $1,500 | $1,700 |
| 2 Bed Rent | $1,850 | $2,170 |
| 3 Bed Rent | $2,000 | $2,280 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — University City, Philadelphia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in University City, Philadelphia, PA is 88. This is a increase of 51.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | 4.0% |
Listing Count | 91 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 88 | 51.0% |
Demographics — University City, Philadelphia, PA
As of the latest ACS Survey released in 2023, University City, Philadelphia, PA has a population of 54,500, which has remained stable by 0.3% over the past 5 years. University City, Philadelphia, PA is a less popular place for families, as children make up 12.5% of the population. The area has a highly educated workforce, with 46.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,500 | 0.3% |
% Under 18 | 12.5% | -15.0% |
% Seniors | 7.6% | 8.6% |
% WFH | 20.7% | 256.9% |
% w/ College Degree | 46.9% | 21.8% |
As of the latest ACS Survey released in 2023, University City, Philadelphia, PA is a predominantly black area, with 37.2% of the population identifying as black. The black population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in University City, Philadelphia, PA is white, making up 37.0% of the population. Foreign-born residents account for 15.1% of the population in University City, Philadelphia, PA, and this percentage has decreased by 2.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 37.0% | 6.9% |
% Black | 37.2% | -12.1% |
% Hispanic | 4.8% | -5.9% |
% Asian | 15.2% | 7.8% |
% Foreign Born | 15.1% | -2.6% |
Mortgage and Risk — University City, Philadelphia, PA
According to HUD data as of 2023, there were 192 mortgage originations in University City, Philadelphia, PA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in University City, Philadelphia, PA. Investor activity is low, as 11.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 192 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 11.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — University City, Philadelphia, PA
As of 2024, the percent of homes in University City, Philadelphia, PA under the Section 8 program is 11.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In University City, Philadelphia, PA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 3,173 |
Total Units Section 8 | 2,125 |
% Rentals under Section 8 | 11.8% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,500 | $1,380 |
| 2 Bedroom | -$200 | $1,850 | $1,650 |
| 3 Bedroom | -$10 | $2,000 | $1,990 |
| 4 Bedroom | -$40 | $2,300 | $2,260 |
Affordability — University City, Philadelphia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $220,000 |
| Median Household Income | $39,500 |