Mount Airy, Philadelphia, PA—19119
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Airy, Philadelphia, PA
As of Oct '25, the median home price in Mount Airy, Philadelphia, PA is $360,000, with a year-over-year change of 4.3%. This indicates that home prices in Mount Airy, Philadelphia, PA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $360,000 | 4.3% |
| Single Family | $368,000 | 4.2% |
| Condos | $222,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $262,000 | 0.4% |
3 Bed | $292,000 | 6.2% |
4 Bed | $457,000 | 4.8% |
| 5 Bed | $677,000 | 3.2% |
% of Housing Stock
Rental Trends — Mount Airy, Philadelphia, PA
As of July '25, Rentcast reports the average rent in Mount Airy, Philadelphia, PA is $1,530, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Mount Airy, Philadelphia, PA is studios: $1,210, 1-bedrooms: $1,320, 2-bedrooms: $1,580, 3-bedrooms: $2,290, 4-bedrooms: $2,420. The most common rental property sizes in Mount Airy, Philadelphia, PA are 1-bedroom and 2-bedroom, accounting for 39.4% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,530 |
| Studio Rent | $1,120 | $1,210 |
| 1 Bed Rent | $1,300 | $1,320 |
| 2 Bed Rent | $1,550 | $1,580 |
| 3 Bed Rent | $2,250 | $2,290 |
| 4 Bed Rent | $2,200 | $2,420 |
% of Rental Stock
Property Listings — Mount Airy, Philadelphia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Airy, Philadelphia, PA is 39. This is a increase of 4.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | 5.0% |
Listing Count | 99 | -10.0% |
| Listings as % of Homes | 0.7% | -10.0% |
Days on Market | 39 | 4.0% |
Demographics — Mount Airy, Philadelphia, PA
As of the latest ACS Survey released in 2023, Mount Airy, Philadelphia, PA has a population of 28,600, which has decreased by -2.8% over the past 5 years. Mount Airy, Philadelphia, PA is a moderately popular place for families, as children make up 20.2% of the population. The area has a highly educated workforce, with 55.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | -2.8% |
% Under 18 | 20.2% | 4.7% |
% Seniors | 19.1% | -5.0% |
% WFH | 26.9% | 253.9% |
% w/ College Degree | 55.3% | 15.2% |
As of the latest ACS Survey released in 2023, Mount Airy, Philadelphia, PA is a predominantly black area, with 55.2% of the population identifying as black. The black population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Mount Airy, Philadelphia, PA is white, making up 34.8% of the population. Foreign-born residents account for 5.2% of the population in Mount Airy, Philadelphia, PA, and this percentage has decreased by 10.3% 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 | 34.8% | 11.2% |
% Black | 55.2% | -5.6% |
% Hispanic | 4.2% | 44.8% |
% Asian | 1.4% | -26.3% |
% Foreign Born | 5.2% | -10.3% |
Mortgage and Risk — Mount Airy, Philadelphia, PA
According to HUD data as of 2023, there were 431 mortgage originations in Mount Airy, Philadelphia, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Mount Airy, Philadelphia, PA. Investor activity is low, as 4.0% 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 | 431 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Mount Airy, Philadelphia, PA
As of 2024, the percent of homes in Mount Airy, Philadelphia, PA under the Section 8 program is 5.6%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Mount Airy, Philadelphia, PA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 499 |
Total Units Section 8 | 262 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,300 | $1,360 |
| 2 Bedroom | $70 | $1,550 | $1,620 |
| 3 Bedroom | -$300 | $2,250 | $1,950 |
| 4 Bedroom | $20 | $2,200 | $2,220 |
Affordability — Mount Airy, Philadelphia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $360,000 |
| Median Household Income | $81,600 |