Wynnefield, Philadelphia, PA—19131
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wynnefield, Philadelphia, PA
As of Oct '25, the median home price in Wynnefield, Philadelphia, PA is $155,000, with a year-over-year change of 5.9%. This indicates that home prices in Wynnefield, Philadelphia, PA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | 5.9% |
| Single Family | $153,000 | 6.2% |
| Condos | $163,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $144,000 | -0.7% |
2 Bed | $167,000 | 13.6% |
3 Bed | $139,000 | 7.8% |
4 Bed | $181,000 | 6.5% |
| 5 Bed | $391,000 | 4.3% |
% of Housing Stock
Rental Trends — Wynnefield, Philadelphia, PA
As of July '25, Rentcast reports the average rent in Wynnefield, Philadelphia, PA is $1,510, with a year-over-year rent change of -16.1%. Per bedroom, the median rent as of July '25 in Wynnefield, Philadelphia, PA is studios: $1,060, 1-bedrooms: $1,170, 2-bedrooms: $1,480, 3-bedrooms: $1,870, 4-bedrooms: $2,150. The most common rental property sizes in Wynnefield, Philadelphia, PA are 1-bedroom and 2-bedroom, accounting for 34.3% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,510 |
| Studio Rent | $1,020 | $1,060 |
| 1 Bed Rent | $1,130 | $1,170 |
| 2 Bed Rent | $1,400 | $1,480 |
| 3 Bed Rent | $1,800 | $1,870 |
| 4 Bed Rent | $2,250 | $2,150 |
% of Rental Stock
Property Listings — Wynnefield, Philadelphia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wynnefield, Philadelphia, PA is 61. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $194,000 | 4.0% |
Listing Count | 193 | 45.0% |
| Listings as % of Homes | 0.5% | 45.0% |
Days on Market | 61 | 1.0% |
Demographics — Wynnefield, Philadelphia, PA
As of the latest ACS Survey released in 2023, Wynnefield, Philadelphia, PA has a population of 44,800, which has remained stable by -0.4% over the past 5 years. Wynnefield, Philadelphia, PA is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 30.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,800 | -0.4% |
% Under 18 | 20.5% | -8.9% |
% Seniors | 17.3% | 6.8% |
% WFH | 12.9% | 514.3% |
% w/ College Degree | 30.1% | 13.6% |
As of the latest ACS Survey released in 2023, Wynnefield, Philadelphia, PA is a predominantly black area, with 80.6% of the population identifying as black. The black population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Wynnefield, Philadelphia, PA is white, making up 9.9% of the population. Foreign-born residents account for 8.3% of the population in Wynnefield, Philadelphia, PA, and this percentage has decreased by 9.8% 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 | 9.9% | -7.5% |
% Black | 80.6% | -0.7% |
% Hispanic | 2.7% | -15.6% |
% Asian | 3.6% | 2.9% |
% Foreign Born | 8.3% | -9.8% |
Mortgage and Risk — Wynnefield, Philadelphia, PA
According to HUD data as of 2023, there were 402 mortgage originations in Wynnefield, Philadelphia, PA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Wynnefield, Philadelphia, PA. Investor activity is low, as 9.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 402 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Wynnefield, Philadelphia, PA
As of 2024, the percent of homes in Wynnefield, Philadelphia, PA under the Section 8 program is 17.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Wynnefield, Philadelphia, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 2,270 |
Total Units Section 8 | 1,833 |
% Rentals under Section 8 | 17.0% |
% Occupied Section 8 | 83.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,130 | $1,450 |
| 2 Bedroom | $330 | $1,400 | $1,730 |
| 3 Bedroom | $280 | $1,800 | $2,080 |
| 4 Bedroom | $120 | $2,250 | $2,370 |
Affordability — Wynnefield, Philadelphia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $155,000 |
| Median Household Income | $46,100 |