View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Pennsylvania
  4. /Philadelphia
  5. /Olney, Philadelphia, PA - 19120

Olney, Philadelphia, PA—19120

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$169,000
0.8% YoY Growth
Household Income
$52,000
37.2% YoY Growth
Days on Market
52
2.0% Shorter YoY
Home Price Forecast
1.2%
Median Rent
$1,250
5.1% YoY Growth
1-Bed Rent
$1,000
7.2% YoY Growth
2-Bed Rent
$1,300
3.2% YoY Growth
3-Bed Rent
$1,600
3.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Olney, Philadelphia, PA

As of May '26, the median home price in Olney, Philadelphia, PA is $169,000, with a year-over-year change of -0.8%. This indicates that home prices in Olney, Philadelphia, PA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$169,000-0.8%
Single Family $169,000-1.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$160,000-1.2%
    3 Bed
    		$166,000-1.8%
    4 Bed
    		$201,0000.5%
    5 Bed $255,3822.0%
    Loading chart...

    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    7.9%
    2 Bedrooms
    14.6%
    3 Bedrooms
    69.8%
    4 Bedrooms
    5.6%
    5+ Bedrooms
    1.0%

    Rental Trends — Olney, Philadelphia, PA

    As of July '25, Rentcast reports the average rent in Olney, Philadelphia, PA is $1,300, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Olney, Philadelphia, PA is studios: $975, 1-bedrooms: $1,030, 2-bedrooms: $1,300, 3-bedrooms: $1,640. The most common rental property sizes in Olney, Philadelphia, PA are 3-bedroom and 2-bedroom, accounting for 50.6% and 28.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,250$1,300
    Studio Rent $975$975
    1 Bed Rent $1,000$1,030
    2 Bed Rent $1,300$1,300
    3 Bed Rent $1,600$1,640
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    2.7%
    1 Bedroom
    14.1%
    2 Bedrooms
    28.8%
    3 Bedrooms
    50.6%
    4 Bedrooms
    3.6%
    5+ Bedrooms
    0.3%

    Property Listings — Olney, Philadelphia, PA

    As of May '26, Realtor.com reports that the median days on market for a home in Olney, Philadelphia, PA is 52. This is a decrease of -2.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$215,0006.0%
    Listing Count
    		1667.0%
    Listings as % of Homes0.7%7.0%
    Days on Market
    		52-2.0%
    Loading chart...

    Demographics — Olney, Philadelphia, PA

    As of the latest ACS Survey released in 2023, Olney, Philadelphia, PA has a population of 68,100, which has decreased by -9.2% over the past 5 years. Olney, Philadelphia, PA is a popular place for families, as children make up 28.8% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		68,100-9.2%
    % Under 18
    		28.8%0.7%
    % Seniors
    		13.3%82.2%
    % WFH
    		7.0%288.9%
    % w/ College Degree
    		13.4%-2.9%
    Loading chart...

    As of the latest ACS Survey released in 2023, Olney, Philadelphia, PA is a predominantly black area, with 46.5% of the population identifying as black. The black population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Olney, Philadelphia, PA is hispanic, making up 31.8% of the population. Foreign-born residents account for 20.1% of the population in Olney, Philadelphia, PA, and this percentage has decreased by 10.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		4.8%-20.0%
    % Black
    		46.5%-10.7%
    % Hispanic
    		31.8%3.2%
    % Asian
    		13.6%22.5%
    % Foreign Born
    		20.1%-10.7%
    Loading chart...

    Mortgage and Risk — Olney, Philadelphia, PA

    According to HUD data as of 2023, there were 761 mortgage originations in Olney, Philadelphia, PA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Olney, Philadelphia, PA. Investor activity is low, as 6.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		761
    % Conventional Loans
    		67.0%
    % Government Loans
    		33.0%
    % Investor Loans
    		6.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		18.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Olney, Philadelphia, PA

    Olney, Philadelphia, PA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		1,019
    Total Units Section 8
    		632
    % Rentals under Section 8
    		9.7%
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$200$1,000$1,200
    2 Bedroom$130$1,300$1,430
    3 Bedroom$120$1,600$1,720
    4 BedroomN/AN/A$1,960

    Affordability — Olney, Philadelphia, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$169,000
    Median Household Income$52,000

    Olney, Philadelphia, PA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Logan, Philadelphia, PA

    19141

    Oak Lane, Philadelphia, PA

    19126

    Cheltenham, PA

    19012

    Frankford, Philadelphia, PA

    19124

    North Philadelphia, Philadelphia, PA

    19140

    Frequently Asked Questions