How much is a home worth in ZIP code 19123?

The typical home in 19123 is worth $461,841, based on the Zillow Home Value Index.

Are home values rising in 19123?

Home values in 19123 are up 3.3% over the past year, and up 1.0% a year over five years.

What is the typical rent in 19123?

A typical home in 19123 rents for about $2,125 a month, a gross rental yield of 5.5%.

What is the property tax rate in 19123?

The effective property tax rate in 19123 is 0.7% — roughly $3,409 a year on a typical home.

ZIP code 19123 has a population of 19,681 and a median household income of $102,106.

HousingHandbookReference data

…

U.S. ZIP Code · PA19123

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

Typical home value

$461,841^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.3%
5-year / yr: +1.0%
10-year / yr: +2.8%

Relative price

vs U.S.: +62.6%
vs metro: +15.4%
vs state: +97.8%

Price history

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

The typical home in 19123 is worth $461,841 — 15.4% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 3.3%. Homes here rent for a typical $2,125 a month — a 5.5% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $2,125^[2]
Gross yield: 5.5%^[2]
Cap rate: 3.3%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $3,409^[3]

#Climate risk

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

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

#Who lives here

Population: 19,681^[3]
Median household income: $102,106^[3]

#Migration

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

Net migration: -5,343^[5]
Moved in: 37,340
Moved out: 42,683

Schools

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

Public schools: 7
Elementary: 3
Middle: 1
High: 2

Math Civics and Sciences CS
Other · Grades 1–12 · Math Civics and Sciences CS
896 students
Folk Arts-Cultural Treasures CS
Elementary · Grades K–8 · Folk Arts-Cultural Treasures CS
494 students
Bodine William W HS
High · Grades 9–12 · Philadelphia City SD
464 students
Parkway Center City Middle College
High · Grades 9–12 · Philadelphia City SD
426 students
Spring Garden Sch
Elementary · Grades K–8 · Philadelphia City SD
254 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.

Home value$Monthly rent$

Gross yield5.5%

Net yield (after ~40% expenses)3.3%

Annual rent$25,498

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,335

Loan principal$369,473

Down payment$92,368

Total interest paid$471,242

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.41

Monthly cost to own$3,005

Monthly rent$2,125

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: 6th percentile^[1]
Rental yield: 41st percentile^[2]
Property tax: 8th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 19123?: The typical home in 19123 is worth $461,841, based on the Zillow Home Value Index.
Are home values rising in 19123?: Home values in 19123 are up 3.3% over the past year, and up 1.0% a year over five years.
What is the typical rent in 19123?: A typical home in 19123 rents for about $2,125 a month, a gross rental yield of 5.5%.
What is the property tax rate in 19123?: The effective property tax rate in 19123 is 0.7% — roughly $3,409 a year on a typical home.
Who lives in 19123?: ZIP code 19123 has a population of 19,681 and a median household income of $102,106.

#Comparable ZIPs

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

08077 vs 19123 →
Riverton, NJ
Typical home
$462,341
Gross yield
—
18964 vs 19123 →
Souderton, PA
Typical home
$460,360
Gross yield
3.8%
19103
Philadelphia, PA
Typical home
$463,426
Gross yield
5.7%
08505
Bordentown, NJ
Typical home
$459,721
Gross yield
6.3%
18074
Spring Mount CDP, PA
Typical home
$464,118
Gross yield
—
08061
Mount Royal CDP, NJ
Typical home
$459,413
Gross yield
—

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#Jump to section

U.S. ZIP Code · PA19123

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