Buy Vs. Rent in Philadelphia

ask yourself:  how long will i live here?

The Spring real estate market is almost here which means many renters in Philadelphia are trying to figure out if they are going to extend their lease, find a new place or buy a home.  Trulia put together a clever interactive map that delves into the buy vs. rent dilemma by breaking down mortgage rates, tax bracket & how long you will stay in the home.  Philadelphia buyers fare well in as little as 3 years according to Trulia.  After 3 years it is 25% cheaper to buy, after 5 years it is 40% cheaper to buy & after 7 years it is 46% cheaper to buy than it is to rent in Philadelphia.   The national average is 38% after 7 years.  Check out the map for yourself.  You may also want to check out their rent vs. buy calculator.

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CNN Money has Philadelphia’s median home price as $175,000.  Want to see what $175,000 looks like in Philadelphia?

Price Range: $174,800 to $175,000 Price Average: $174,962
Size Range: 396 to 3,075 Sq. Ft. Size Average: 1,091 Sq. Ft.
Gallery List Map
1 16 of 16
Under Contract
Contingency
$ 174,900
7411 TABOR AVENUE
Philadelphia, PA 19111
BURHOLME
2 Bed / 1/1 Bath
900 Sq. Ft.
Property Type: Condo
MLS® #: 7251628
Courtesy of Keller Williams Real Estate Tri-County
Under Contract
Contingency
$ 174,900
7411 TABOR AVENUE | Philadelphia, PA 19111
BURHOLME
MLS® #
Property Type
Beds
Baths
Square Ft
7251628
Condo
2
1/1
900 s.f.
Courtesy of Keller Williams Real Estate Tri-County
Great opportunity for this super well maintained brick raised ranch in Burholme featuring full finished basement, new central air & heater (1yr), replacement windows & huge fenced grassy yard w/ concrete patio! Great curb appeal w/ private driveway w/ brick retaining wall. Large living room w/ lots of natural light & brand new carpets throughout the entire 1st fl (except 2nd bedroom) which are protecting the original hardwood flooring. Spacious kitchen & dining room combo featuring newer neutral laminate flooring, plenty of timeless solid Oak wood cabinets w/ inlays beautiful grains, butcher block cabinet, dishwasher & ceiling fan. Clean full bathroom w/ ceramic tiled floor & walls, vanity & ceramic tub/shower. Hallway w/ linen closet leads to very large master bedroom w/ big walk-in closet & ceiling fan, and 2nd bedroom w/ closet & ceiling fan. The basement is huge and fully finished adding much more living apace and features a convenient 1/2 bath & sliding doors out to a concrete patio and giant fenced in grass yard w/ storage shed. Large laundry room w/ large walk-in storage closet, and entrance to the massive oversized garage which is great for extra parking, hobbies, extra storage, or to even finish for an extra room/bedroom. This home was cared for and taken care of and it shows, with all the extras like new central air & heater, newer roof (5yrs) replacement windows, hardwood flooring under newer carpeting, this is a solid house and a good buy/investment, great for someone just starting out or downsizing. Great block & area, close to public transportation and train downtown, schools & shopping. While inspections are welcomed, this is an estate that wishes to sell as-is. Hurry before it's gone!
Under Contract
Contingency
$ 175,000
1128-32 N 63RD STREET
Philadelphia, PA 19151
OVERBROOK
9 Bed / 3 Bath
3,075 Sq. Ft.
Property Type: Condo
MLS® #: 7248522
Courtesy of Realty Mark Associates
Under Contract
Contingency
$ 175,000
1128-32 N 63RD STREET | Philadelphia, PA 19151
OVERBROOK
MLS® #
Property Type
Beds
Baths
Square Ft
7248522
Condo
9
3
3,075 s.f.
Courtesy of Realty Mark Associates
Calling all investors!! Large 9-bedroom house with 2 extra side lots. Over 3,000 sq. ft living space and total lot and house area 9700 sq ft WOW! So much potentials. Housing. Large professional office with parking. Student living. Property is within short driving distance to St. Joseph University and PCOM medical college near city Ave. It could be converted to 3 or units with approved zoning It has been occupied as a single-family house but prior to that it was a Doctor's office. The resident kept the Doctor office layout. There are 3 rooms on first floor that could be a small bedroom or office. The second floor is where the doctor had residence above the office. It has 3 rooms. Living room (open) kitchen, bath and a front room that functions as the master bedroom for present owner's. The third floor has 4 bedrooms and a full bath. It has 2 extra lots as part of deed and a drive way. Property needs extensive rehab. The old saying "It has plenty of meat, but the bones are worn". Property is cluttered but present owner is willing to clean out house prior to settlement. Property is being sold "As Is" condition.
Under Contract
Contingency
$ 175,000
6210 CHRISTIAN STREET
Philadelphia, PA 19143
COBBS CREEK
4 Bed / 1/2 Bath
2,056 Sq. Ft.
Property Type: Condo
MLS® #: 7247356
Courtesy of Common Ground Realtors
Under Contract
Contingency
$ 175,000
6210 CHRISTIAN STREET | Philadelphia, PA 19143
COBBS CREEK
MLS® #
Property Type
Beds
Baths
Square Ft
7247356
Condo
4
1/2
2,056 s.f.
Courtesy of Common Ground Realtors
If you're looking for University City architectural detail on a West Philly budget, have I got the place for you. Cobb's Creek is a hidden gem of a place to live, and this sunny spacious twin has all the makings for a killer home. Spotless block, half a block away from Cobb's Creek Park, this 2,000 square foot twin has an entry via sun room, flowing into a living room with a wood burning fireplace, a formal dining room, a spacious kitchen (w/ powder room) Front yard, back yard deck/porch over garage. The second floor has four generously sized bedrooms and an over sized bathroom. Many upgrades, including a bunch of replacement windows. Refinish some floors, make a few upgrades, and this place isn't that far away from being something special. Potential is an overused word in this business, but it has never been more aptly applied. Come see what I'm talking about.
Under Contract
Contingency
$ 175,000
959 WAKELING STREET
Philadelphia, PA 19124
NORTHWOOD
4 Bed / 1/1 Bath
1,408 Sq. Ft.
Property Type: Condo
MLS® #: 7248140
Courtesy of RE/MAX Centre Realtors
Under Contract
Contingency
$ 175,000
959 WAKELING STREET | Philadelphia, PA 19124
NORTHWOOD
MLS® #
Property Type
Beds
Baths
Square Ft
7248140
Condo
4
1/1
1,408 s.f.
Courtesy of RE/MAX Centre Realtors
4 Bedroom house with detached garage this home features newer kitchen ,basement hardwood floors a few touches will make this home -A WANTA HOME !
Under Contract
Contingency
$ 174,900
1100 S BROAD STREET #204B
Philadelphia, PA 19146
WASHINGTON SQ WEST
0 Bed / 1 Bath
396 Sq. Ft.
Property Type: Condo
MLS® #: 7243737
Courtesy of Mercury Real Estate Group
Under Contract
Contingency
$ 174,900
1100 S BROAD STREET #204B | Philadelphia, PA 19146
WASHINGTON SQ WEST
MLS® #
Property Type
Beds
Baths
Square Ft
7243737
Condo
0
1
396 s.f.
Courtesy of Mercury Real Estate Group
An Urban Oasis awaits you at the Marine Club. Enter the lobby off of South Broad Street and feel right at home. Choose from many unique and renovated floorplans to fit your lifestyle. Re-energize in our professionally managed 10,000sqft fitness center that includes hot tubs, saunas, locker rooms, personal training, group fitness and much more. Stop by the full service spa for a massage or facial. Apartments boast granite countertops, hardwood floors, stainless steel appliances and generous counter space. Situated along The Avenue of the Arts, you have access to all of the city's theaters and fabulous restaurants. The Marine Club is just minutes from the historical district and the charm and shopping of Rittenhouse Square. Also enjoy the newly upgraded Market East Neighborhood. Walk to the 1talian Market or jump on the subway for a quick ride to the sports arenas.Property is being sold in as-is condition. Purchaser responsible for Use and Occupancy Certificate. No Disclosures. Addendums generate upon an accepted offer. Cash offers are to be submitted with proof of funds. Escrow deposit is to be in form of certified funds. Please allow 2 to 3 business days for response
Under Contract
Contingency
$ 175,000
7302 CRESHEIM ROAD #C4
Philadelphia, PA 19119
MT AIRY (WEST)
1 Bed / 1 Bath
678 Sq. Ft.
Property Type: Condo
MLS® #: 7240651
Courtesy of Elfant Wissahickon-Chestnut Hill
Under Contract
Contingency
$ 175,000
7302 CRESHEIM ROAD #C4 | Philadelphia, PA 19119
MT AIRY (WEST)
MLS® #
Property Type
Beds
Baths
Square Ft
7240651
Condo
1
1
678 s.f.
Courtesy of Elfant Wissahickon-Chestnut Hill
Heavily Wooded Condo. West Mt Airy's "Best Kept Secret" nestled in a forest of trees, this 2nd floor one bedroom, 1 full bath condo townhouse quad is sexy and chic featuring off-street parking with an uninterrupted view of Fairmount Park. Newly remodeled everything! A CRESHEIMBROOK CONDO is what most travelers and downsizers wish to find and rarely do. Cresheimbrook is walking distance to the train for a direct line into downtown Philadelphia and everything it has to offer. This unit has been opened up to offer a large spacious floor plan perfect for entertaining with many extras. From the outstanding view to the stunning kitchen, you will find quality at every turn. Extraordinary quality & high-end design is on full display in the chef's Euro-style kitchen, with newly installed high white wood cabinets, open shelving, high white tile walled back splash, quartz flecked white counter tops, all new appliances, hidden washer and gas dryer. Perfect for casual dinners or a fun place to have parties and pizza! Dining area faces Sliding glass doors which add dramatic light and openness to your eating area which views an uninterrupted view of the woods. Additional amenities include: solid oak wood floors complimented by freshly painted interior in neutral and pale colors, recessed lighting, off-street parking, NEW GAS HVAC & CENTRAL AIR, basement storage, and new windows. These designer touches create an elegant coziness throughout with many luxuries of life at your disposal. Walk down to restaurants, pubs, pizza, drugstore, ice cream shop(!), Weavers Way Co Op, Allen's Lane Train/cafe convenient to all areas of Mt. Airy and Chestnut Hill. CRESHEIMBROOK combines characteristic 1970's area architecture with best-of-class modern day amenities and comfort. You just won't be able to believe it when you see it.
Under Contract
Contingency
$ 175,000
1129 GERMANTOWN AVENUE #2D
Philadelphia, PA 19123
NORTHERN LIBERTIES
0 Bed / 1 Bath
467 Sq. Ft.
Property Type: Condo
MLS® #: 7239961
Courtesy of Keller Williams Realty Center City
Under Contract
Contingency
$ 175,000
1129 GERMANTOWN AVENUE #2D | Philadelphia, PA 19123
NORTHERN LIBERTIES
MLS® #
Property Type
Beds
Baths
Square Ft
7239961
Condo
0
1
467 s.f.
Courtesy of Keller Williams Realty Center City
Welcome to North Liberty Triangle! Situated in a prime location in Northern Liberties, this 17-unit new construction project features a 2nd floor studio with an Open Floor Plan, Gourmet Kitchen, spacious Living Area and a balcony, Amenities, and more! This unit features a well-appointed Kitchen that opens up nicely into the Living Area, making a beautiful space for entertaining guests. Build your dream home by purchasing early in the construction phase for the opportunity to select your home finishes. Meet with a specialist to design your Kitchen, Baths, Fixtures and more throughout, to build your home to your style. Our designer Kitchen packages feature stunning quartz countertops, soft close cabinetry, top-of-the-line appliances, modern backsplashs... just to name a few! Enjoy the convenience of being located a short walk from popular dining, nightlife, entertainment and grocers! **North Liberty Triangle is currently under construction. Featured photos are of a recently completed Streamline home. Condo Fees & Tax Numbers are estimates and are subject to change.** Parking is availabe for an additional charge.
Under Contract
Contingency
$ 174,900
8533 TOLBUT STREET
Philadelphia, PA 19152
BELLS CORNER
2 Bed / 1/1 Bath
820 Sq. Ft.
Property Type: Condo
MLS® #: 7234947
Courtesy of Emmanuel Realty
Under Contract
Contingency
$ 174,900
8533 TOLBUT STREET | Philadelphia, PA 19152
BELLS CORNER
MLS® #
Property Type
Beds
Baths
Square Ft
7234947
Condo
2
1/1
820 s.f.
Courtesy of Emmanuel Realty
Totally remodeled Twin Ranch at a great location.New carpet,new kitchen,new roof shingles,new paint and more....won't last long!!! Hurry!!!
Under Contract
Contingency
$ 175,000
1010 E SLOCUM STREET
Philadelphia, PA 19150
MT AIRY (EAST)
3 Bed / 2/1 Bath
1,474 Sq. Ft.
Property Type: Condo
MLS® #: 7234160
Courtesy of Elite Level Realty
Under Contract
Contingency
$ 175,000
1010 E SLOCUM STREET | Philadelphia, PA 19150
MT AIRY (EAST)
MLS® #
Property Type
Beds
Baths
Square Ft
7234160
Condo
3
2/1
1,474 s.f.
Courtesy of Elite Level Realty
Twin property with 3 bedroom 2.5 baths. Property has hardwood floors under carpet, bathroom skylight. Property has good bones but needs updating. Great for First time buyer or investor. Please note all offers will have to be approved by Orphan Court. The seller response date on agreement should be left unspecified. The response time for all submitted offers is undefined. If your clients has a required time frame for response this is not the house for your client. Cash or conventional with no repairs offers only. Any inspections conducted will be for informational purposes only. Seller will not perform any work requested. Property is being sold in AS IS condition.
Under Contract
Contingency
$ 174,900
4476 RICHMOND STREET
Philadelphia, PA 19137
BRIDESBURG
3 Bed / 1 Bath
1,170 Sq. Ft.
Property Type: Condo
MLS® #: 7230491
Courtesy of Dydak Realty
Under Contract
Contingency
$ 174,900
4476 RICHMOND STREET | Philadelphia, PA 19137
BRIDESBURG
MLS® #
Property Type
Beds
Baths
Square Ft
7230491
Condo
3
1
1,170 s.f.
Courtesy of Dydak Realty
Another great opportunity deep in the heart of Bridesburg. Must see, spacious 3 bedroom, 1 full bath twin in need of cosmetics as well as some updating/upgrading. Out front is a lawn and a roof covered sun porch. Enter through the family room, large living/dining room combo. Kitchen exits to a rear wooded deck and oversized yard. Upstairs is 3 spacious bedrooms with ample closet space. A semi-modern 3 piece bathroom finishes off this home. Property being sold in As-Is condition. Don't miss this opportunity!!
Under Contract
Contingency
$ 174,990
406 E SANGER STREET
Philadelphia, PA 19120
LAWNCREST
5 Bed / 1/1 Bath
1,834 Sq. Ft.
Property Type: Condo
MLS® #: 7212491
Courtesy of Diallo Real Estate
Under Contract
Contingency
$ 174,990
406 E SANGER STREET | Philadelphia, PA 19120
LAWNCREST
MLS® #
Property Type
Beds
Baths
Square Ft
7212491
Condo
5
1/1
1,834 s.f.
Courtesy of Diallo Real Estate
STEEP PRICE DROP!!! Calling on all investors and first time homebuyers!!! you cannot beat this rare opportunity!.. Have you been looking for a property in Lawcrest with enough land around to give you the feeling of living in the surburb? this is your chance to own one. This beautiful over 1800 square footage old style property sits on about a quarter acre land in the wooded neigborhood of Lawncrest... the first floor hosts a large living and dining rooms and the kitchen which leads to a recently installed deck. On the second floor floor, you'll find a four great size bedrooms and a hallway bathroom, and on the third floor is an oversized bedroom or an office if you prefer. Full unfinished basement on the lower level. This property comes with the empty lot next to it. All it needs is your imagination to turn it into its best use possible. Owner took great pride in maintaining this property and keeping its originality... Seller is having the interior painted, please forgive the work in progress... Call for a tour, and Send your offer today. Property needs some TLC, and it's a great opportunity.
Under Contract
Contingency
$ 175,000
48 GOOD STREET
Philadelphia, PA 19119
PHILA (NORTH)
3 Bed / 1 Bath
1,176 Sq. Ft.
Property Type: Condo
MLS® #: 7195501
Courtesy of Fred R Levine Real Estate
Under Contract
Contingency
$ 175,000
48 GOOD STREET | Philadelphia, PA 19119
PHILA (NORTH)
MLS® #
Property Type
Beds
Baths
Square Ft
7195501
Condo
3
1
1,176 s.f.
Courtesy of Fred R Levine Real Estate
Under Contract
Contingency
$ 175,000
250 S 13TH STREET #3G
Philadelphia, PA 19107
WASHINGTON SQ WEST
0 Bed / 1 Bath
406 Sq. Ft.
Property Type: Condo
MLS® #: 7189007
Courtesy of Coldwell Banker Preferred-Old City
Under Contract
Contingency
$ 175,000
250 S 13TH STREET #3G | Philadelphia, PA 19107
WASHINGTON SQ WEST
MLS® #
Property Type
Beds
Baths
Square Ft
7189007
Condo
0
1
406 s.f.
Courtesy of Coldwell Banker Preferred-Old City
Great investment. Currently occupied by great rent-paying tenant!!! Beautiful studio condo at The Lenox! This charming Pied-~-Terre with hardwood floors, lots of closet space and plenty of light and a separate kitchen area with granite countertops and stainless steel appliances make it complete. The Lenox, a beautiful pre-war building, is located in Washington Square West, close to great restaurants, coffee shops, theaters, shopping...who could ask for more?. Feel secure with live 24/7 desk concierge. Other great features include common laundry bike storage (Bike Score 97). Transit Score 100! Walk Score 98. Schedule your showing today!
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #404B
Philadelphia, PA 19146
PHILA (SOUTH)
1 Bed / 1 Bath
396 Sq. Ft.
Property Type: Condo
MLS® #: 7180495
Courtesy of Keller Williams Philly
Under Contract
Contingency
$ 175,000
1100 S BROAD STREET #404B | Philadelphia, PA 19146
PHILA (SOUTH)
MLS® #
Property Type
Beds
Baths
Square Ft
7180495
Condo
1
1
396 s.f.
Courtesy of Keller Williams Philly
An Urban Oasis awaits you at the MarineClub. Enter the lobby off of South Broad Street and feel right at home. Re-energize in our fitness center that includes hot tubs, saunas, locker rooms, personal training, group fitness and much more. Stop by the full service spa for a massage or facial. This studio apartment has granite countertops, hardwood floors, stainless steel appliances and generous counter space. The MarineClub is situated along The Avenue of the Arts, you will have access to all of the city's theaters and fabulous restaurants. The MarineClub is just minutes from the historical district and the charm and shopping of Rittenhouse Square. Walk to the ItalianMarket or jump on the subway for a quick ride to the sports arenas.
Under Contract
Contingency
$ 174,800
511-19 N BROAD STREET #205
Philadelphia, PA 19123
NORTHERN LIBERTIES
1 Bed / 1 Bath
726 Sq. Ft.
Property Type: Condo
MLS® #: 7171892
Courtesy of RE/MAX Eastern-Feasterville
Under Contract
Contingency
$ 174,800
511-19 N BROAD STREET #205 | Philadelphia, PA 19123
NORTHERN LIBERTIES
MLS® #
Property Type
Beds
Baths
Square Ft
7171892
Condo
1
1
726 s.f.
Courtesy of RE/MAX Eastern-Feasterville
This studio is approximately 12 years. Features include hardwood floors (recently added), washer & dryer in the unit, refrigerator, large living room space, six large windows, kitchen island, ceramic tile floor in the bathroom and shower wall, intercom system, doorman, fifteen foot ceilings with exposed pipes and beautiful recently upgraded lobby entrance. You are in walking distance to the Philadelphia Art Museum, many theaters, night life, restaurants, BYOB's, personal storage area in the basement, close to Amtrak and SEPTA. It is currently occupied at 1,150.00 per month.
Under Contract
Contingency
$ 175,000
1901 JOHN F KENNEDY BOULEVARD #710
Philadelphia, PA 19103
RITTENHOUSE SQUARE
0 Bed / 1 Bath
475 Sq. Ft.
Property Type: Condo
MLS® #: 7154419
Courtesy of BHHS Fox & Roach - Narberth
Under Contract
Contingency
$ 175,000
1901 JOHN F KENNEDY BOULEVARD #710 | Philadelphia, PA 19103
RITTENHOUSE SQUARE
MLS® #
Property Type
Beds
Baths
Square Ft
7154419
Condo
0
1
475 s.f.
Courtesy of BHHS Fox & Roach - Narberth
This charming Southside Studio on the 7th floor has 475 Sq Ft and boasts wood floors throughout the living area. Plenty of closet space. The Kennedy House has 24-hour Security & Doorman, On-Site Management & Maintenance, Full Laundry Facility on the 30th Floor, Amazing Rooftop Swimming Pool with breathtaking views, Complete Fitness Center for only $120 annually, On-Premises PARKING GARAGE available at 50% off normal rates, Hospitality Suites. THE MONTHLY FEE INCLUDES ALMOST EVERYTHING: All Utilities including electric, heat, air conditioning, water & basic cable, All Real Estate Taxes & Maintenance Package. This unit has an abundance of closet space, a Storage Locker is available at no additional charge, and newer top-of-the-line windows. Nominal real estate transfer tax & no title ins. required. The Kennedy House is one block from Suburban Station, three blocks from Amtrak 30th Station and within two blocks of Septa 13 Bus. The Kennedy Market Restaurant and Chima Brazilian Steakhouse are located in the building. Experience the ability to walk out your door to first class, 4-star restaurants, fabulous shopping & all the conveniences of this sought-after neighborhood. One-time admin fee paid at closing.
Under Contract
Contingency
$ 0
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Contingency
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