South Philly Real Estate Prices and Trends

Posted on Feb 03, 2016


Real Estate is booming in South Philly. Let’s see why.

It’s South Philadelphia’s (South Philly as any local would say) turn in the spotlight on the Real-State blog. South Philly starts at South Street, is bounded by the Delaware River to the east and south, and the Schuylkill River to the west. It has a rich immigrant history, is a foodie’s delight, and in 2015 saw a 12% increase in real estate prices.

South Philly has four zip codes: 19145, 19146, 19147, and 19148. Each of these zip codes contains different neighborhoods within it. Today we will focus on neighborhoods in 19145 (Point Breeze), 19146 (Point Breeze and Graduate Hospital), 19147 (Queen Village and Bella Vista), and 19148 (East Passyunk).

Neighborhood Facts, Destinations, and Trivia

Point Breeze

Graduate Hospital

Queen Village

Bella Vista

East Passyunk

Now that you are familiar with the neighborhoods, let’s jump into the real estate numbers.

 

South Philly Real Estate infographic. Population, median rent, days on market, sold vs. listed properties, average list price.

South Philly Real Estate Infographic

Interested in buying or selling property in South Philly? Give us a call at (267) 765-2080 or send us an email.


Recent Articles

10 Tips To Minimize Stress When Selling Your Home

10 Tips To Minimize Stress When Selling Your Home

Posted on Aug 06, 2018

Selling your home without a plan will end up costing you emotionally and financially. Here are ten strategies we suggest that will help get you to the closing table with your sanity intact.

A home is oftentimes the largest asset you have. You invested a large sum of your hard-earned money into it and the price you can fetch for your home can have a significant impact on the future, including your ability to purchase your next dream home. 

What Happens When Philadelphia Tax Abatements Expire? Part III

What Happens When Philadelphia Tax Abatements Expire? Part III

Posted on Jun 22, 2018

This blog is the third in Houwzer Senior Economic Advisor Kevin Gillen's three-part research series examining how successful and beneficial the tax abatement program has been so far. Part one of the series examined the transaction volume after the abatements expired. Part two examined what happened to the properties' market values post-abatement. This final piece uncovers the disparity between what buyers paid for an abatement and its actual value, as well as the reasons behind the disparity.