The Quick Answer (BLUF): The best current public benchmark for Grays Ferry is $224,923, the median sale price for all home types over the three months ending July 2026, according to Redfin calculations using MLS and/or public-record data. That figure is useful for buyers evaluating Grays Ferry, but it is **not a rowhome-only 19146 median, so a specific rowhome should still be valued against comparable recent rowhome sales.
The Key Data at a Glance
Factor / Metric | Local Standard / Baseline | What It Means for You |
|---|---|---|
Grays Ferry median sale price | $224,923 | Current neighborhood benchmark for all home types over the three months ending July 2026 |
Year-over-year price change | +2.5% | The neighborhood median was modestly higher than the same period a year earlier |
Median sale price per square foot | $193/sq. ft. | Useful secondary benchmark when comparing rowhomes of different sizes |
Median days on market | 44 days | Gives buyers and sellers a baseline for how quickly Grays Ferry properties are moving |
Homes sold | 32 homes in July 2026 | Shows the transaction volume behind the latest monthly market snapshot |
Entire 19146 ZIP median | $499,889 | Shows why using ZIP code 19146 alone dramatically overstates the Grays Ferry neighborhood benchmark |
Source note: Redfin reports the Grays Ferry figures above based on calculations of MLS and/or public-record data. The $224,923 figure covers all home types in the Grays Ferry neighborhood and should not be represented as a Bright MLS rowhome-only median.
Deeper Dive: 3 Things You Must Know
1. About $225,000 is the current Grays Ferry benchmark, not the price of every rowhome
As of the three months ending July 2026, Redfin reports a $224,923 median sale price in Grays Ferry, up 2.5% from the same period in 2025. The median sale price per square foot was $193.
For a first-time buyer, that gives you a much more useful starting point than looking at asking prices alone. But the figure includes all home types in Redfin's Grays Ferry neighborhood boundaries, so it should not be interpreted as saying that every Grays Ferry rowhome is worth approximately $225,000.
A renovated three-bedroom rowhome may compete in a different price range than a property that needs a new kitchen, roof, mechanical systems, or substantial interior renovation.
- Data Point: $224,923 median sale price and $193 median sale price per square foot for Grays Ferry over the three months ending July 2026.
- The Action: Use approximately $225,000 as a neighborhood-level starting benchmark, then compare the property with recently closed rowhomes of similar size, condition, bedroom count, and location.
This distinction becomes particularly important for buyers comparing Grays Ferry with nearby Point Breeze.
2. Using all of ZIP code 19146 gives buyers the wrong picture of Grays Ferry affordability
ZIP code 19146 is not the same thing as Grays Ferry.
Redfin reports a $499,889 median sale price for all homes in ZIP code 19146 over the three months ending July 2026. That is more than twice the $224,923 Grays Ferry neighborhood median reported over the same period.
Why is there such a large difference?
Because 19146 covers considerably more than Grays Ferry. It includes properties in other South Philadelphia areas with substantially different housing stock and price points.
That means a buyer asking, “What do houses cost in Grays Ferry 19146?” can receive a highly misleading answer if the analysis simply pulls every transaction within the ZIP code.
- Step One: Start with the Grays Ferry neighborhood benchmark of $224,923, rather than the $499,889 median for the entire 19146 ZIP code.
- Step Two: Narrow the analysis to recently sold rowhomes that actually compete with the property you are considering.
For buyers priced out of Point Breeze, this distinction is particularly important because the Grays Ferry neighborhood-level data can tell a very different affordability story than a generic 19146 search.
3. The block and condition can matter more than the neighborhood median
Two Grays Ferry rowhomes can be relatively close to each other and still justify very different prices.
Recent public sale records illustrate that range. For example, Redfin shows 3311 Reed Street selling for $275,000 on September 2, 2026, while 2729 Reed Street sold for $245,000 on August 27, 2026. Another property at 1432 S. Newkirk Street sold for $261,300 on August 20, 2026.
Those individual sales should not be treated as a replacement for a comparative market analysis, but they show why a single neighborhood median cannot determine the value of a specific rowhome.
For a South Philadelphia rowhome, I would look closely at:
- Interior condition and renovation quality
- Above-grade living area
- Bedroom and bathroom count
- Central air and mechanical-system condition
- Finished versus unfinished basement space
- Outdoor space
- Parking, when available
- Property taxes
- Recent comparable sales on the same or nearby blocks
The $224,923 median tells you where the broader Grays Ferry market is sitting. Comparable sales tell you what a particular house is more likely to be worth.
Data Sources & Methodology
Market statistics were checked in September 2026.
- Grays Ferry median sale price: $224,923, three months ending July 2026
- Grays Ferry year-over-year change: +2.5%
- Grays Ferry median price per square foot: $193
- Grays Ferry median days on market: 44 days
- Grays Ferry July 2026 homes sold: 32
- 19146 median sale price: $499,889, three months ending July 2026
- 19146 year-over-year change: +3.1%
- 19146 median days on market: 46 days
Local FAQ
Is $225,000 enough to buy a rowhome in Grays Ferry in 2026?
How quickly are homes selling in Grays Ferry in 2026?
Why does 19146 show a much higher home price than Grays Ferry?
Drafted with AI assistance; every statistic is human-verified against primary sources before publishing.
About Martin Rodriguez
South Philadelphia REALTOR® with KW Empower — Grays Ferry, Point Breeze & Newbold specialist. Real answers, verified numbers, no pressure.