HousingHandbookReference data

U.S. ZIP Code · PA19038

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

Typical home value

$469,244[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.1%
5-year / yr
+5.0%
10-year / yr
+5.5%

Relative price

vs U.S.
+65.2%
vs metro
+17.2%
vs state
+100.9%
ZIP 19038 location in PA
Location of ZIP 19038 in PA

Price history

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

The typical home in 19038 is worth $469,244 — 17.2% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 1.1%. Homes here rent for a typical $1,610 a month — a 4.1% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,610[2]
Gross yield
4.1%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$7,017[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
No Rating
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
32,296[3]
Median household income
$117,683[3]

#Migration

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

Net migration
-354[5]
Moved in
22,400
Moved out
22,754

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
3
Middle
0
High
1
  • Copper Beech Sch

    Elementary · Grades K–5 · Abington SD

    878 students

  • Springfield Twp HS

    High · Grades 9–12 · Springfield Township SD

    770 students

  • Springfield Twp El Sch-Enfield

    Elementary · Grades K–2 · Springfield Township SD

    564 students

  • Glenside El Sch

    Elementary · Grades K–4 · Cheltenham SD

    374 students

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 yield4.1%
Net yield (after ~40% expenses)2.5%
Annual rent$19,321

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$2,373
Loan principal$375,395
Down payment$93,849
Total interest paid$478,796

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 ratio2.08
Monthly cost to own$3,350
Monthly rent$1,610

Renting is meaningfully cheaper month-to-month.

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
24th percentile[1]
Rental yield
16th percentile[2]
Property tax
59th percentile[3]

Frequently asked

How much is a home worth in ZIP code 19038?
The typical home in 19038 is worth $469,244, based on the Zillow Home Value Index.
Are home values rising in 19038?
Home values in 19038 are up 1.1% over the past year, and up 5.0% a year over five years.
What is the typical rent in 19038?
A typical home in 19038 rents for about $1,610 a month, a gross rental yield of 4.1%.
What is the property tax rate in 19038?
The effective property tax rate in 19038 is 1.5% — roughly $7,017 a year on a typical home.
Who lives in 19038?
ZIP code 19038 has a population of 32,296 and a median household income of $117,683.

#Comparable ZIPs

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

  • Nottingham CDP, PA

    Typical home
    $471,058
    Gross yield
  • Arden, DE

    Typical home
    $467,367
    Gross yield
    5.8%
  • Oxford, PA

    Typical home
    $472,400
    Gross yield
  • PA

    Typical home
    $465,904
    Gross yield
  • Honey Brook, PA

    Typical home
    $465,464
    Gross yield
  • Leisuretowne CDP, NJ

    Typical home
    $465,260
    Gross yield
    5.7%

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