Bustleton, Philadelphia, PA—19115
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bustleton, Philadelphia, PA
As of Oct '25, the median home price in Bustleton, Philadelphia, PA is $376,000, with a year-over-year change of 3.6%. This indicates that home prices in Bustleton, Philadelphia, PA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $376,000 | 3.6% |
| Single Family | $402,000 | 3.3% |
| Condos | $252,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $164,000 | 3.8% |
2 Bed | $265,000 | 4.7% |
3 Bed | $390,000 | 3.7% |
4 Bed | $462,000 | 3.1% |
| 5 Bed | $615,000 | 3.2% |
% of Housing Stock
Rental Trends — Bustleton, Philadelphia, PA
As of July '25, Rentcast reports the average rent in Bustleton, Philadelphia, PA is $1,690, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Bustleton, Philadelphia, PA is studios: $999, 1-bedrooms: $1,360, 2-bedrooms: $1,790, 3-bedrooms: $2,390. The most common rental property sizes in Bustleton, Philadelphia, PA are 2-bedroom and 1-bedroom, accounting for 42.6% and 41.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $1,690 |
| Studio Rent | $999 | $999 |
| 1 Bed Rent | $1,340 | $1,360 |
| 2 Bed Rent | $1,700 | $1,790 |
| 3 Bed Rent | $2,250 | $2,390 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bustleton, Philadelphia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bustleton, Philadelphia, PA is 24. This is a increase of 13.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $421,000 | 11.0% |
Listing Count | 67 | 44.0% |
| Listings as % of Homes | 0.3% | 44.0% |
Days on Market | 24 | 13.0% |
Demographics — Bustleton, Philadelphia, PA
As of the latest ACS Survey released in 2023, Bustleton, Philadelphia, PA has a population of 34,700, which has remained stable by 0.7% over the past 5 years. Bustleton, Philadelphia, PA is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 36.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,700 | 0.7% |
% Under 18 | 18.7% | -8.8% |
% Seniors | 26.0% | 10.2% |
% WFH | 11.5% | 858.3% |
% w/ College Degree | 36.9% | 2.8% |
As of the latest ACS Survey released in 2023, Bustleton, Philadelphia, PA is a predominantly white area, with 61.5% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Bustleton, Philadelphia, PA is asian, making up 20.4% of the population. Foreign-born residents account for 33.7% of the population in Bustleton, Philadelphia, PA, and this percentage has increased by 2.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.5% | -9.8% |
% Black | 8.8% | -11.1% |
% Hispanic | 6.4% | -14.7% |
% Asian | 20.4% | 56.9% |
% Foreign Born | 33.7% | 2.7% |
Mortgage and Risk — Bustleton, Philadelphia, PA
According to HUD data as of 2023, there were 442 mortgage originations in Bustleton, Philadelphia, PA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Bustleton, Philadelphia, PA. Investor activity is low, as 3.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 442 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Bustleton, Philadelphia, PA
Bustleton, Philadelphia, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 638 |
Total Units Section 8 | 522 |
% Rentals under Section 8 | 9.9% |
% Occupied Section 8 | 88.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,340 | $1,320 |
| 2 Bedroom | -$130 | $1,700 | $1,570 |
| 3 Bedroom | -$360 | $2,250 | $1,890 |
| 4 Bedroom | N/A | N/A | $2,150 |
Affordability — Bustleton, Philadelphia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $376,000 |
| Median Household Income | $70,400 |