HousingHandbookReference data

U.S. ZIP Code · PA18923

Bucks County · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Typical home value

$653,339[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.7%
5-year / yr
+5.6%
10-year / yr
+5.1%

Relative price

vs U.S.
+130.0%
vs metro
+63.2%
vs state
+179.8%
ZIP 18923 location in PA
Location of ZIP 18923 in PA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 18923 is worth $653,339 — 63.2% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 0.7%. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$6,467[3]

#Climate risk

FEMA National Risk Index ratings for Bucks County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively Moderate
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
984[3]
Median household income
$79,722[3]

#Migration

Household moves in and out of Bucks County over a year, from IRS tax-return data.

Net migration
-1,375[5]
Moved in
13,613
Moved out
14,988

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,304
Loan principal$522,671
Down payment$130,668
Total interest paid$666,638

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,387
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
42nd percentile[1]
Rental yield
[2]
Property tax
28th percentile[3]

Frequently asked

How much is a home worth in ZIP code 18923?
The typical home in 18923 is worth $653,339, based on the Zillow Home Value Index.
Are home values rising in 18923?
Home values in 18923 are up 0.7% over the past year, and up 5.6% a year over five years.
What is the property tax rate in 18923?
The effective property tax rate in 18923 is 1.0% — roughly $6,467 a year on a typical home.
Who lives in 18923?
ZIP code 18923 has a population of 984 and a median household income of $79,722.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • West Chester, PA

    Typical home
    $649,567
    Gross yield
    4.0%
  • Lima CDP, PA

    Typical home
    $646,109
    Gross yield
    3.8%
  • Paoli CDP, PA

    Typical home
    $640,803
    Gross yield
    4.6%
  • PA

    Typical home
    $638,173
    Gross yield
  • Doylestown, PA

    Typical home
    $671,062
    Gross yield
    4.1%
  • Bala Cynwyd CDP, PA

    Typical home
    $672,890
    Gross yield
    3.9%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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