How much is a home worth in ZIP code 19438?

The typical home in 19438 is worth $536,955, based on the Zillow Home Value Index.

Are home values rising in 19438?

Home values in 19438 are up 2.5% over the past year, and up 5.7% a year over five years.

What is the typical rent in 19438?

A typical home in 19438 rents for about $1,916 a month, a gross rental yield of 4.3%.

What is the property tax rate in 19438?

The effective property tax rate in 19438 is 1.4% — roughly $7,487 a year on a typical home.

ZIP code 19438 has a population of 25,438 and a median household income of $138,134.

HousingHandbookReference data

…

U.S. ZIP Code · PA19438

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

Typical home value

$536,955^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.5%
5-year / yr: +5.7%
10-year / yr: +5.5%

Relative price

vs U.S.: +89.0%
vs metro: +34.2%
vs state: +129.9%

Price history

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

The typical home in 19438 is worth $536,955 — 34.2% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,916 a month — a 4.3% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent: $1,916^[2]
Gross yield: 4.3%^[2]
Cap rate: 2.6%^[2]

#Property tax

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

Effective tax rate: 1.4%^[3]
Typical annual tax: $7,487^[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: 25,438^[3]
Median household income: $138,134^[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: 1
High: 0

Indian Valley MS
Middle · Grades 6–8 · Souderton Area SD
747 students
General Nash El Sch
Elementary · Grades K–6 · North Penn SD
455 students
Salford Hills El Sch
Elementary · Grades K–5 · Souderton Area SD
440 students
Oak Ridge El Sch
Elementary · Grades K–5 · Souderton Area SD
405 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 yield4.3%

Net yield (after ~40% expenses)2.6%

Annual rent$22,997

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$2,715

Loan principal$429,564

Down payment$107,391

Total interest paid$547,885

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 ratio1.97

Monthly cost to own$3,785

Monthly rent$1,916

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: 43rd percentile^[1]
Rental yield: 18th percentile^[2]
Property tax: 53rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 19438?: The typical home in 19438 is worth $536,955, based on the Zillow Home Value Index.
Are home values rising in 19438?: Home values in 19438 are up 2.5% over the past year, and up 5.7% a year over five years.
What is the typical rent in 19438?: A typical home in 19438 rents for about $1,916 a month, a gross rental yield of 4.3%.
What is the property tax rate in 19438?: The effective property tax rate in 19438 is 1.4% — roughly $7,487 a year on a typical home.
Who lives in 19438?: ZIP code 19438 has a population of 25,438 and a median household income of $138,134.

#Comparable ZIPs

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

19473 vs 19438 →
Skippack CDP, PA
Typical home
$535,585
Gross yield
—
19454 vs 19438 →
Montgomeryville CDP, PA
Typical home
$534,685
Gross yield
4.1%
19709
Middletown, DE
Typical home
$534,075
Gross yield
6.2%
18915
Montgomeryville CDP, PA
Typical home
$540,034
Gross yield
—
19083
Penn Wynne CDP, PA
Typical home
$533,710
Gross yield
3.8%
08022
Juliustown CDP, NJ
Typical home
$531,826
Gross yield
—

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#Jump to section

U.S. ZIP Code · PA19438

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