The Philadelphia Business Journal recently came out with an interesting report announcing “The 30 Philadelphia-area ZIP codes delivering the best return on investment” over the last ten years
It is common knowledge that Philadelphia has a very hot housing market with home values going up 2.1% in the last year, according to Zillow. The median home sale price in the region is $217,000.
Zip code 19146 which encompasses Point Breeze and Grays Ferry saw a whopping 1,648% return on investment (ROI) over the last decade. This growth ranks #15 overall in the US.
The regional zip codes with the greatest ROI over the last ten years are in the City of Philadelphia.
Below are the top 10 zip codes in the Philadelphia area experiencing the highest ROI over the last ten years.
#10 Oxford Circle/Mayfair (zip code 19149) 248% ROI
#9 Fairmount/Spring Garden (zip code 19130) 255% ROI
#8 East Germantown (zip code 19138) 268% ROI
#7 Poplar (zip code 19123) 352% ROI
#6 Queen Village/Passyunk Square (zip code 19147) 427% ROI
#5 Lower Moyamensing/Whitman/Wharton (zip code 19148) 460% ROI
#4 Girard Estates (zip code 19145) 615% ROI
#3 Fishtown (zip code 19125) 820% ROI
#2 Old Kensington (zip code 19122) 1484% ROI
#1 Point Breeze/Grays Ferry (zip code 19146) 1648% ROI