The story of this market
The typical home in ZIP 19064 sells for about $525,000, or $275 per square foot.
Prices are up +7.1% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,469 a month.
ZIP 19064 — Springfield
The Springfield housing market remains highly competitive with low inventory and steady price appreciation. Demand is driven by the area's strong school district and convenient access to Philadelphia, keeping days on market low and sale-to-list ratios above asking price.
This ZIP is ideal for families and professionals who prioritize school quality and suburban convenience while maintaining a manageable commute to Philadelphia.
Median prices moved up 7.1% year over year.
Homes spend a median of 14 days on market with 1.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 101% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 3.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 19064, Delaware County PA
Springfield generally reports lower crime rates compared to the broader Philadelphia metropolitan area, with property crime being the primary concern.
The area is served by the Springfield School District, which is generally well-regarded and a primary driver for local housing demand.
The area faces standard regional risks for wind and storm damage; flood risk is localized to specific low-lying areas near creeks.
Economic momentum is driven by its proximity to Philadelphia and major suburban employment hubs in Delaware County, with limited new residential construction.
Property taxes are levied by the township, county, and the Springfield School District, with the school district portion representing the largest share of the total effective rate.
Residents benefit from proximity to the SEPTA regional rail and major highway corridors like I-476, providing efficient access to Center City Philadelphia.
The area features several community parks, local golf courses, and the Springfield Mall, providing a robust amenity base within a 3-mile radius.
The rental market is tight with low vacancy rates, driven by high demand from families and commuters seeking suburban living near the city.
The local economy is supported by a mix of retail, healthcare, and professional services, with many residents commuting to Philadelphia for employment.
The area is well-connected via the SEPTA trolley and regional rail lines, alongside easy access to the Blue Route (I-476).
Development is primarily focused on infill projects and the revitalization of existing commercial corridors.
The Delaware County Board of Assessment Appeals manages property valuations, with periodic reassessments to maintain tax equity.
Parcels are subject to Springfield Township, Delaware County, and Springfield School District tax levies.
Property insurance premiums are stable but reflect regional exposure to severe weather events common in the Mid-Atlantic.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major regional retail anchor.
Private golf course serving the local community.
Central community green space.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).