Queen Village, Philadelphia, PA—19147
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Queen Village, Philadelphia, PA
As of Oct '25, the median home price in Queen Village, Philadelphia, PA is $466,000, with a year-over-year change of 2.5%. This indicates that home prices in Queen Village, Philadelphia, PA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $466,000 | 2.5% |
| Single Family | $481,000 | 2.6% |
| Condos | $411,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $311,000 | 1.6% |
2 Bed | $393,000 | 1.8% |
3 Bed | $546,000 | 2.1% |
4 Bed | $650,000 | 2.7% |
| 5 Bed | $560,000 | 4.1% |
% of Housing Stock
Rental Trends — Queen Village, Philadelphia, PA
As of July '25, Rentcast reports the average rent in Queen Village, Philadelphia, PA is $2,320, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Queen Village, Philadelphia, PA is studios: $1,350, 1-bedrooms: $1,750, 2-bedrooms: $2,510, 3-bedrooms: $3,740, 4-bedrooms: $3,590. The most common rental property sizes in Queen Village, Philadelphia, PA are 1-bedroom and 2-bedroom, accounting for 39.5% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,320 |
| Studio Rent | $1,370 | $1,350 |
| 1 Bed Rent | $1,680 | $1,750 |
| 2 Bed Rent | $2,450 | $2,510 |
| 3 Bed Rent | $3,220 | $3,740 |
| 4 Bed Rent | $3,600 | $3,590 |
% of Rental Stock
Property Listings — Queen Village, Philadelphia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Queen Village, Philadelphia, PA is 47. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter 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 | $559,000 | 4.0% |
Listing Count | 219 | -6.0% |
| Listings as % of Homes | 0.9% | -6.0% |
Days on Market | 47 | -12.0% |
Demographics — Queen Village, Philadelphia, PA
As of the latest ACS Survey released in 2023, Queen Village, Philadelphia, PA has a population of 38,700, which has remained stable by -0.8% over the past 5 years. Queen Village, Philadelphia, PA is a moderately popular place for families, as children make up 16.0% of the population. The area has a highly educated workforce, with 69.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,700 | -0.8% |
% Under 18 | 16.0% | 0.6% |
% Seniors | 13.6% | 24.8% |
% WFH | 31.2% | 333.3% |
% w/ College Degree | 69.2% | 14.4% |
As of the latest ACS Survey released in 2023, Queen Village, Philadelphia, PA is a predominantly white area, with 68.5% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Queen Village, Philadelphia, PA is asian, making up 9.4% of the population. Foreign-born residents account for 11.0% of the population in Queen Village, Philadelphia, PA, and this percentage has decreased by 26.2% 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 | 68.5% | 3.2% |
% Black | 8.5% | -6.6% |
% Hispanic | 6.4% | -29.7% |
% Asian | 9.4% | -26.6% |
% Foreign Born | 11.0% | -26.2% |
Mortgage and Risk — Queen Village, Philadelphia, PA
According to HUD data as of 2023, there were 417 mortgage originations in Queen Village, Philadelphia, PA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Queen Village, Philadelphia, PA. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 417 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Queen Village, Philadelphia, PA
As of 2024, the percent of homes in Queen Village, Philadelphia, PA under the Section 8 program is 9.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Queen Village, Philadelphia, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 973 |
Total Units Section 8 | 822 |
% Rentals under Section 8 | 9.6% |
% Occupied Section 8 | 87.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,680 | $1,980 |
| 2 Bedroom | -$90 | $2,450 | $2,360 |
| 3 Bedroom | -$380 | $3,220 | $2,840 |
| 4 Bedroom | -$370 | $3,600 | $3,230 |
Affordability — Queen Village, Philadelphia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $466,000 |
| Median Household Income | $104,000 |