University City Real Estate

Dorm, University of Pennsylvania, Philadelphia, Pennsylvania - PICRYL  Public Domain Search

Located just over the west side of the South Street Bridge lies the area known as University City, a desirable section of West Philadelphia, which caters to the University of Pennsylvania and Drexel University students, staff, and alumni. University City boundaries surround 29th Street and the Schuylkill River to 50th Street; Spring Garden Street to Powelton Avenue and Market Street. University City is home to The University of Pennsylvania, Wharton Business School, the University’s Law/Medical/Dental Schools and Hospitals, as well as Drexel University and its newest Law School. It was known as Philadelphia’s first suburb, although it remains a part of Philadelphia. This dynamic neighborhood gets its distinctive spirit from the combination of college students, faculty, artists, and families. It is one of Philadelphia’s most varied and lively neighborhoods where you can find anything from gorgeous single homes in tiny tree-lined streets to contemporary condos with city views.

University City - Town vs. County Stats

Avg Price in University City: $427,500 / County Avg $417,100

51%

Avg Taxes in University City: $3,100 / County Avg $7,300

21%

Avg Sq. Ft. in University City: 1,963 / County Avg 1,793

55%

Avg Price per/sqft in University City:$218 / County Avg $233

94%

Avg Walkscore in University City: 90 / County Avg 81

56%

Avg Year Built in University City: 1954 / County Avg 1946

50%

Avg Days on Website in University City: 67 / County Avg 89

38%

University City Real Estate Market Health

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