Rhawnhurst, Philadelphia, PA—19152
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rhawnhurst, Philadelphia, PA
As of Oct '25, the median home price in Rhawnhurst, Philadelphia, PA is $319,000, with a year-over-year change of 2.6%. This indicates that home prices in Rhawnhurst, Philadelphia, PA are increasing. 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 | $319,000 | 2.6% |
| Single Family | $321,000 | 2.2% |
| Condos | $168,000 | 7.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | 2.9% |
3 Bed | $325,000 | 3.2% |
4 Bed | $340,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rhawnhurst, Philadelphia, PA
As of July '25, Rentcast reports the average rent in Rhawnhurst, Philadelphia, PA is $1,670, with a year-over-year rent change of 0.6%. Per bedroom, the median rent as of July '25 in Rhawnhurst, Philadelphia, PA is studios: $895, 1-bedrooms: $1,300, 2-bedrooms: $1,610, 3-bedrooms: $2,100, 4-bedrooms: $2,450. The most common rental property sizes in Rhawnhurst, Philadelphia, PA are 1-bedroom and 3-bedroom, accounting for 40.0% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,670 |
| Studio Rent | $895 | $895 |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,650 | $1,610 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | $2,300 | $2,450 |
% of Rental Stock
Property Listings — Rhawnhurst, Philadelphia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rhawnhurst, Philadelphia, PA is 46. This is a increase of 28.0% 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 | $342,000 | -4.0% |
Listing Count | 74 | 11.0% |
| Listings as % of Homes | 0.5% | 11.0% |
Days on Market | 46 | 28.0% |
Demographics — Rhawnhurst, Philadelphia, PA
As of the latest ACS Survey released in 2023, Rhawnhurst, Philadelphia, PA has a population of 35,600, which has decreased by -4.0% over the past 5 years. Rhawnhurst, Philadelphia, PA is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,600 | -4.0% |
% Under 18 | 21.7% | 4.3% |
% Seniors | 19.6% | 4.8% |
% WFH | 10.8% | 414.3% |
% w/ College Degree | 28.1% | 9.8% |
As of the latest ACS Survey released in 2023, Rhawnhurst, Philadelphia, PA is a predominantly white area, with 51.0% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Rhawnhurst, Philadelphia, PA is asian, making up 17.8% of the population. Foreign-born residents account for 30.8% of the population in Rhawnhurst, Philadelphia, PA, and this percentage has increased by 1.3% 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 | 51.0% | -4.5% |
% Black | 17.3% | 11.6% |
% Hispanic | 10.6% | -17.8% |
% Asian | 17.8% | 18.7% |
% Foreign Born | 30.8% | 1.3% |
Mortgage and Risk — Rhawnhurst, Philadelphia, PA
According to HUD data as of 2023, there were 296 mortgage originations in Rhawnhurst, Philadelphia, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Rhawnhurst, Philadelphia, PA. Investor activity is low, as 5.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 296 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Rhawnhurst, Philadelphia, PA
As of 2024, the percent of homes in Rhawnhurst, Philadelphia, PA under the Section 8 program is 11.9%. 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 Rhawnhurst, 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 | 736 |
Total Units Section 8 | 671 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,300 | $1,330 |
| 2 Bedroom | -$70 | $1,650 | $1,580 |
| 3 Bedroom | -$200 | $2,100 | $1,900 |
| 4 Bedroom | -$140 | $2,300 | $2,160 |
Affordability — Rhawnhurst, Philadelphia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $319,000 |
| Median Household Income | $58,000 |