How much is a home worth in ZIP code 19124?

The typical home in 19124 is worth $171,133, based on the Zillow Home Value Index.

Are home values rising in 19124?

Home values in 19124 are up 2.9% over the past year, and up 3.0% a year over five years.

What is the typical rent in 19124?

A typical home in 19124 rents for about $1,250 a month, a gross rental yield of 8.8%.

What is the property tax rate in 19124?

The effective property tax rate in 19124 is 0.8% — roughly $1,443 a year on a typical home.

ZIP code 19124 has a population of 71,004 and a median household income of $45,314.

HousingHandbookReference data

…

U.S. ZIP Code · PA19124

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

Typical home value

$171,133^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.9%
5-year / yr: +3.0%
10-year / yr: +7.9%

Relative price

vs U.S.: -39.8%
vs metro: -57.2%
vs state: -26.7%

Price history

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

The typical home in 19124 is worth $171,133 — 57.2% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 2.9%. Homes here rent for a typical $1,250 a month — a 8.8% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,250^[2]
Gross yield: 8.8%^[2]
Cap rate: 5.3%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $1,443^[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: 71,004^[3]
Median household income: $45,314^[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: 14
Elementary: 8
Middle: 1
High: 1

First Philadelphia Preparatory CS
Other · Grades K–12 · First Philadelphia Preparatory CS
1,818 students
Mariana Bracetti Academy CS
Other · Grades K–12 · Mariana Bracetti Academy CS
1,506 students
Community Academy of Philadelphia CS
Other · Grades K–12 · Community Academy of Philadelphia CS
1,242 students
The Philadelphia CS for Arts and Sciences at HR Edmunds
Elementary · Grades K–8 · The Philadelphia CS for Arts and Sciences at HR Edmunds
908 students
Juniata Park Academy
Elementary · Grades K–8 · Philadelphia City SD
865 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 yield8.8%

Net yield (after ~40% expenses)5.3%

Annual rent$14,999

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$865

Loan principal$136,907

Down payment$34,227

Total interest paid$174,617

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 ratio0.90

Monthly cost to own$1,128

Monthly rent$1,250

Owning 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: 11th percentile^[1]
Rental yield: 84th percentile^[2]
Property tax: 15th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

1st for most populous in PAView list →

Frequently asked

How much is a home worth in ZIP code 19124?: The typical home in 19124 is worth $171,133, based on the Zillow Home Value Index.
Are home values rising in 19124?: Home values in 19124 are up 2.9% over the past year, and up 3.0% a year over five years.
What is the typical rent in 19124?: A typical home in 19124 rents for about $1,250 a month, a gross rental yield of 8.8%.
What is the property tax rate in 19124?: The effective property tax rate in 19124 is 0.8% — roughly $1,443 a year on a typical home.
Who lives in 19124?: ZIP code 19124 has a population of 71,004 and a median household income of $45,314.

#Comparable ZIPs

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

19120 vs 19124 →
Philadelphia, PA
Typical home
$169,317
Gross yield
10.0%
19023 vs 19124 →
Collingdale, PA
Typical home
$173,529
Gross yield
10.6%
08105
Camden, NJ
Typical home
$175,582
Gross yield
—
19131
Philadelphia, PA
Typical home
$164,161
Gross yield
12.0%
19801
Wilmington, DE
Typical home
$181,168
Gross yield
12.7%
19141
Philadelphia, PA
Typical home
$160,868
Gross yield
9.5%

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Pit ZIP 19124 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · PA19124

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