ZIP Code Market Report
19116 — Philadelphia, PA
Data through February 2026 · Updated monthly
Avg Home Value
$387,996
▲ 2.7% year-over-year
Month-over-Month
-0.1%
▼ 0.1%
Single Family
$393,340
Condo / Co-op
$228,768
The average home value in the 19116 ZIP code (Philadelphia, PENNSYLVANIA) is $387,996 as of February 2026. Home prices are rising, up 2.7% compared to last year.
A 3-bedroom home in 19116 is valued at $392,060. Single-family homes average $393,340, while condos average $228,768.
The market in 19116 has a $130,751 spread between bottom-tier homes at $324,920 and top-tier homes at $455,672. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 19116 ZIP code will increase 0.7% over the next 12 months, bringing the projected average to approximately $390,711. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Bucks County market area in PENNSYLVANIA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Bucks County report.
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Market Snapshot
19116 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $388,668 | $388,357 | $387,996 | ▼ 0.2% |
| Single Family Value | $392,788 | $392,764 | $393,340 | ▲ 0.1% |
Home Values
19116 Home Value Trend
Historical home values for ZIP code 19116. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 19116
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $279,472 |
| 3 Bedrooms | $392,060 |
| 4 Bedrooms | $409,802 |
Property Types
Home Values by Property Type in 19116
How different property types compare in this ZIP code.
All Homes
$387,996
Single Family
$393,340
Condo / Co-op
$228,768
Bottom Tier
$324,920
Top Tier
$455,672
Forecast
12-Month Home Value Forecast for 19116
Zillow projects home values in 19116 will increase 0.7% over the next year, reaching approximately $390,711.
Current Value
$387,996
Projected Change
+0.7%
▲ 0.7%
Projected Value
$390,711
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 19116 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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