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Northeast Philadelphia, Philadelphia, PA—19154

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$315,000
3.0% YoY Growth
Household Income
$93,500
43.6% YoY Growth
Days on Market
46
27.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$2,020
9.2% YoY Growth
1-Bed Rent
$1,300
10.8% YoY Growth
2-Bed Rent
$1,500
8.0% YoY Growth
3-Bed Rent
$2,300
3.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Northeast Philadelphia, Philadelphia, PA

As of Dec '25, the median home price in Northeast Philadelphia, Philadelphia, PA is $315,000, with a year-over-year change of 3.0%. This indicates that home prices in Northeast Philadelphia, Philadelphia, PA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$315,0003.0%
Single Family $317,0002.3%
Condos $279,0005.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$279,0004.5%
    3 Bed
    		$314,0002.3%
    4 Bed
    		$337,0004.3%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    4.9%
    2 Bedrooms
    20.8%
    3 Bedrooms
    60.8%
    4 Bedrooms
    11.8%
    5+ Bedrooms
    1.2%

    Rental Trends — Northeast Philadelphia, Philadelphia, PA

    As of July '25, Rentcast reports the average rent in Northeast Philadelphia, Philadelphia, PA is $2,020, with a year-over-year rent change of 9.2%. Per bedroom, the median rent as of July '25 in Northeast Philadelphia, Philadelphia, PA is studios: $1,180, 1-bedrooms: $1,400, 2-bedrooms: $1,600, 3-bedrooms: $2,350, 4-bedrooms: $2,850. The most common rental property sizes in Northeast Philadelphia, Philadelphia, PA are 2-bedroom and 1-bedroom, accounting for 53.8% and 22.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,020$2,020
    Studio Rent $1,180$1,180
    1 Bed Rent $1,300$1,400
    2 Bed Rent $1,500$1,600
    3 Bed Rent $2,300$2,350
    4 Bed Rent $2,850$2,850
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    % of Rental Stock

    Studio
    2.9%
    1 Bedroom
    22.4%
    2 Bedrooms
    53.8%
    3 Bedrooms
    17.6%
    4 Bedrooms
    1.8%
    5+ Bedrooms
    1.6%

    Property Listings — Northeast Philadelphia, Philadelphia, PA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Northeast Philadelphia, Philadelphia, PA is 32. This is a increase of 30.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$345,0007.0%
    Listing Count
    		57-11.0%
    Listings as % of Homes0.4%-11.0%
    Days on Market
    		4627.0%
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    Demographics — Northeast Philadelphia, Philadelphia, PA

    As of the latest ACS Survey released in 2023, Northeast Philadelphia, Philadelphia, PA has a population of 34,100, which has remained stable by -0.5% over the past 5 years. Northeast Philadelphia, Philadelphia, PA is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		34,100-0.5%
    % Under 18
    		24.0%9.1%
    % Seniors
    		16.3%3.2%
    % WFH
    		9.6%380.0%
    % w/ College Degree
    		26.7%14.6%
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    As of the latest ACS Survey released in 2023, Northeast Philadelphia, Philadelphia, PA is a predominantly white area, with 74.5% 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 Northeast Philadelphia, Philadelphia, PA is hispanic, making up 9.8% of the population. Foreign-born residents account for 11.6% of the population in Northeast Philadelphia, Philadelphia, PA, and this percentage has increased by 22.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		74.5%-4.5%
    % Black
    		9.0%5.9%
    % Hispanic
    		9.8%19.5%
    % Asian
    		4.7%17.5%
    % Foreign Born
    		11.6%22.1%
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    Mortgage and Risk — Northeast Philadelphia, Philadelphia, PA

    According to HUD data as of 2023, there were 705 mortgage originations in Northeast Philadelphia, Philadelphia, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Northeast Philadelphia, Philadelphia, PA. Investor activity is low, as 3.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		705
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		24.0%
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    Rentals and Section 8 — Northeast Philadelphia, Philadelphia, PA

    As of 2024, the percent of homes in Northeast Philadelphia, Philadelphia, PA under the Section 8 program is 3.7%. 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 units appear to be good home sizes to consider for Section 8 housing in Northeast Philadelphia, Philadelphia, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		97
    Total Units Section 8
    		97
    % Rentals under Section 8
    		3.7%
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$240$1,300$1,540
    2 Bedroom$330$1,500$1,830
    3 Bedroom-$100$2,300$2,200
    4 Bedroom-$340$2,850$2,510

    Affordability — Northeast Philadelphia, Philadelphia, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$315,000
    Median Household Income$93,500

    Northeast Philadelphia, Philadelphia, PA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Torresdale, Philadelphia, PA

    19114

    Somerton, Philadelphia, PA

    19116

    Bensalem, PA

    19020

    Feasterville Trevose, PA

    19053

    Bustleton, Philadelphia, PA

    19115

    Frequently Asked Questions