Back to Market Intelligence Directory

Passyunk Square

Philadelphia, PA

Neighborhood Market Analysis

Q3 2025 Report
$525,000 (2025 estimate)
Median Home Price
92 (Walker's Paradise)
Walkability Score
Public schools are average; some families opt for charters or private options.
School Rating

Location Overview

Neighborhood Boundaries

Washington Avenue (north) to Tasker Street (south), 6th Street (east) to Broad Street (west)

Zip Codes

19147

Market Data Summary

Price Range$400,000–$900,000+ for renovated rowhomes and new construction
Price per Sq Ft$350–$450/sq ft (2025)
Inventory LevelsLow to moderate; new construction and adaptive reuse projects are adding units, but most homes sell quickly.

Property Characteristics

Home Types & Architecture

Home Types

RowhomesTownhousesBrownstonesTrinitiesMixed-use buildingsNew construction condos

Architectural Styles

FederalColonialRed brick rowhomesGothic Revival (select historic buildings)[1]Modern (new construction)

Property Details

Typical Lot SizesSmall urban lots, often 1,000–1,500 sq ft; homes typically 1,200–2,400 sq ft.
Home Age RangeLate 1800s–early 1900s (historic); 2000s–2020s (new construction)
Construction QualityMix of historic craftsmanship and modern renovations; many homes feature high-end finishes and restored details[4].

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of young professionals, families, and long-term residents. Growing LGBTQ+ population and strong Italian-American heritage.

Community Vibe

Trendy, vibrant, and community-focused. Known for its food scene, local events, and active neighborhood associations[3].

Typical Residents

  • Young professionals
  • Families
  • Retirees
  • Artists/creatives

Family Friendly

Yes; walkable, access to parks, playgrounds, and family-oriented businesses.

Amenities & Lifestyle

Parks & Recreation

  • • Columbus Square Park
  • • Capitolo Playground
  • • Gold Star Park

Dining Options

  • • Italian Market
  • • Pat’s King of Steaks
  • • Geno’s Steaks
  • • Gastropubs
  • • BYOB restaurants

Shopping Centers

  • • East Passyunk Avenue retail corridor
  • • Italian Market

Local Businesses

  • • Boutiques
  • • Salons
  • • Spas
  • • Specialty grocers
  • • Coffee shops

Education & Schools

Public schools are average; some families opt for charters or private options.
Overall School Rating

Elementary Schools

  • • Jackson Andrew School

Middle Schools

  • • Jackson Andrew School

High Schools

  • • South Philadelphia High School

Private Schools

  • • St. Anthony of Padua Regional Catholic School

Transportation & Accessibility

Transit & Roads

Public Transit

  • • Broad Street Line (subway)
  • • SEPTA bus routes 45, 47, 29

Major Roads

  • • Broad Street
  • • Washington Avenue
  • • Tasker Street

Commute & Walkability

Commute Times10–20 minutes to Center City by subway or car; easy access to I-95 and I-76.
WalkabilityExcellent; most errands and amenities accessible on foot.
ParkingStreet parking is limited; some new developments offer private parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Foodies
  • Families seeking urban lifestyle
  • Investors

Key Selling Points

  • Vibrant food and retail scene
  • Historic charm with modern updates
  • Strong community identity
  • Excellent walkability

Pricing Considerations

Homes priced at or slightly above market often attract multiple offers if well-presented.

Common Objections & Response Strategies

Objection: Limited parking

Response Strategy:

Highlight walkability, transit access, and bike-friendliness; mention new developments with parking.

Objection: Older homes may need repairs

Response Strategy:

Emphasize quality renovations and inspection reports; showcase new construction options.

Objection: Noise from nightlife or commercial activity

Response Strategy:

Point out quieter side streets and double-pane windows in renovated homes.

Investment Insights

Investment Potential

Appreciation Potential

High; continued demand, new development, and strong retail scene drive values upward.

Rental Demand

Very strong, especially for renovated rowhomes and apartments near East Passyunk Avenue.

Buyer Competition

High; multiple-offer situations common for well-priced homes.

Best For

  • Owner-occupants seeking walkability and amenities
  • Investors targeting rental income
  • Buyers seeking long-term appreciation

Potential Concerns

  • Limited parking
  • Older homes may require maintenance
  • Competition can drive up prices

Professional Recommendations

1

Educate buyers on fast-paced market and need for pre-approval.

2

Leverage local dining and retail scene in marketing.

3

Network with local businesses for cross-promotion.

4

Highlight both historic charm and modern amenities.

5

Prepare for multiple-offer scenarios and set client expectations.

Competitive Analysis

Comparable Markets

  • Bella Vista
  • Graduate Hospital
  • Point Breeze

Market Positioning

Trendy, amenity-rich, and community-focused urban neighborhood.

Competitive Advantages

  • Stronger food/dining scene
  • More historic housing stock
  • Better walkability

Price Comparison

Slightly more affordable than Graduate Hospital; similar to Bella Vista; pricier than Point Breeze.

Investment Metrics

4.5%–5.5% for well-located rentals (2025)
Cap Rates
5%–6% gross yield for updated rowhomes
Rental Yields
18–20
Price-to-Rent
Positive cash flow possible with 20% down on multi-units or well-priced rowhomes
Cash Flow
5%–7% annual appreciation expected through 2026
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by walkability, amenities, and vibrant culture; may face competition and need to act quickly.

Move-Up Buyers

Seek larger or renovated homes; value outdoor space and modern upgrades.

Downsizers

Appreciate low-maintenance living and proximity to dining/entertainment.

Investors

Strong rental demand and appreciation; focus on updated properties near retail corridors.

Relocators

Drawn by neighborhood reputation, access to Center City, and lifestyle.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

Related Market Intelligence

Explore connected markets and opportunities

Explore This Area

Philadelphia, PA

city

Parent city

$350,000

Nearby Areas

19143 (PA)

zip_code

2 miles away

$190,000

Philadelphia, PA

city

3 miles away

$350,000

Similar Markets

Philadelphia, PA

city

Similar market (88% price match)

$350,000

Manayunk in Philadelphia, PA

neighborhood

Similar market (88% price match)

$450,000