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: $174,950
Size Range: 396 to 2,010 Sq. Ft. Size Average: 1,070 Sq. Ft.
Gallery List Map
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Under Contract
Contingency
$ 174,900
1143 MAGEE AVENUE
Philadelphia, PA 19111
CASTOR GARDENS
3 Bed / 2 Bath
1,320 Sq. Ft.
Property Type: Condo
MLS® #: 7216794
Courtesy of RE/MAX Elite
Under Contract
Contingency
$ 174,900
1143 MAGEE AVENUE | Philadelphia, PA 19111
CASTOR GARDENS
MLS® #
Property Type
Beds
Baths
Square Ft
7216794
Condo
3
2
1,320 s.f.
Courtesy of RE/MAX Elite
Great starter home or investment property. Currently long term month-to-month tenants living in home. Nicely kept and very cozy.
Under Contract
Contingency
$ 175,000
335 E CHURCH LANE
Philadelphia, PA 19144
GERMANTOWN (EAST)
4 Bed / 1/1 Bath
2,010 Sq. Ft.
Property Type: Condo
MLS® #: 7214694
Courtesy of Revel Realty
Under Contract
Contingency
$ 175,000
335 E CHURCH LANE | Philadelphia, PA 19144
GERMANTOWN (EAST)
MLS® #
Property Type
Beds
Baths
Square Ft
7214694
Condo
4
1/1
2,010 s.f.
Courtesy of Revel Realty
Bright and nicely appointed 3 story, FOUR BED, 1.5 FULL BATH home in a great location in Germantown. Steps to the train a short walk away. Beautiful HARDWOOD floors & beautiful millwork throughout. Nice size EAT-IN KITCHEN, newly renovated bathroom laundry room on the first floor.There are 2 bedrooms and 1 bathroom on the 2nd floor, and the 3rd floor has 2 bedrooms,spacious backyard quiet block. M U S T see priced to sell schedule your appointment today!!!!
Under Contract
Contingency
$ 174,900
4802 KNORR STREET
Philadelphia, PA 19135
TACONY
3 Bed / 1/1 Bath
1,470 Sq. Ft.
Property Type: Condo
MLS® #: 7210644
Courtesy of RE/MAX Affiliates-Northeast
Under Contract
Contingency
$ 174,900
4802 KNORR STREET | Philadelphia, PA 19135
TACONY
MLS® #
Property Type
Beds
Baths
Square Ft
7210644
Condo
3
1/1
1,470 s.f.
Courtesy of RE/MAX Affiliates-Northeast
Immaculate 3 story home fully renovated. Enter to a beautiful 3 bedroom freshly painted home with new hardwood floors thru out the home and recess lighting in living room, dining room and the kitchen has lots of cabinet space and granite counter tops a full renovated half bathroom next to it and a renovated laundry room on the first floor, second floor has a fully renovated bathroom with lots of lighting and 2 bedrooms with hardwood flooring, the 3rd floor has a bedroom with hardwood flooring and lots of space. Has lots of back yard space to add a swimming pool for the hot summer's. Just Reduce wont last....
Under Contract
Contingency
$ 175,000
5036 CHESTNUT STREET
Philadelphia, PA 19139
WALNUT HILL
4 Bed / 1/1 Bath
1,760 Sq. Ft.
Property Type: Condo
MLS® #: 7198784
Courtesy of BHHS Fox & Roach-Art Museum
Under Contract
Contingency
$ 175,000
5036 CHESTNUT STREET | Philadelphia, PA 19139
WALNUT HILL
MLS® #
Property Type
Beds
Baths
Square Ft
7198784
Condo
4
1/1
1,760 s.f.
Courtesy of BHHS Fox & Roach-Art Museum
Currently drive by only.
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
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
NONE AVAILABLE
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
NONE AVAILABLE
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
,
Bed / Bath
0 Sq. Ft.
Property Type:
MLS® #:
Courtesy of
Under Contract
Contingency
$ 0
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MLS® #
Property Type
Beds
Baths
Square Ft
0 s.f.
Courtesy of
No listings available.
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Listing information last updated 07/19/2018 at 16:45:44 UTC.

 

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