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Queen Village

Philadelphia, PA

Neighborhood Market Analysis

Q3 2025 Report
$575,000 (June 2025)
Median Home Price
92 (Walker's Paradise)
Walkability Score
Meredith School is highly rated (8/10+); other options mixed but improving.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Lombard St (north), Washington Ave (south), Front St (east), and 6th St (west).

Zip Codes

19147

Market Data Summary

Price Range$400,000–$1,200,000+ (varies by size, condition, and location)
Price per Sq FtUp 5% in past 6 months; recent median around $400–$450/sqft
Inventory Levels54 homes for sale in June 2025, up 42.1% from May 2025; increased inventory across all bedroom types.

Property Characteristics

Home Types & Architecture

Home Types

Historic rowhomesModern townhousesLow-rise condosConverted lofts

Architectural Styles

FederalGeorgianVictorianContemporary infill

Property Details

Typical Lot SizesSmall urban lots, often 800–1,500 sq ft; some larger for corner or newer builds.
Home Age Range18th-century originals to new construction (most 80–150 years old, with renovations)
Construction QualityGenerally high; many homes renovated with modern systems while retaining historic facades.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with young professionals, families, and long-term residents; median age ~35–40.

Community Vibe

Historic, walkable, vibrant, and close-knit; strong neighborhood association.

Typical Residents

  • Young professionals
  • Families with children
  • Empty nesters
  • Creative professionals

Family Friendly

Yes; playgrounds, parks, and family-oriented businesses.

Amenities & Lifestyle

Parks & Recreation

  • • Mario Lanza Park
  • • Shot Tower Playground
  • • Delaware River waterfront trails

Dining Options

  • • Royal Sushi & Izakaya
  • • Hungry Pigeon
  • • Famous 4th Street Delicatessen
  • • Bistro La Baia

Shopping Centers

  • • Fabric Row
  • • South Street shops
  • • Italian Market (nearby)

Local Businesses

  • • Essene Market
  • • Shot Tower Coffee
  • • Fabric Row boutiques
  • • Neighborhood bakeries

Education & Schools

Meredith School is highly rated (8/10+); other options mixed but improving.
Overall School Rating

Elementary Schools

  • • William M. Meredith School

Middle Schools

  • • William M. Meredith School

High Schools

  • • Horace Furness High School

Private Schools

  • • St. Peter's School
  • • Settlement Music School

Transportation & Accessibility

Transit & Roads

Public Transit

  • • SEPTA bus routes (47, 57, 40, 64)
  • • Broad Street Line (nearby)

Major Roads

  • • I-95
  • • Columbus Blvd
  • • South Street

Commute & Walkability

Commute Times10–15 min to Center City by car or transit; 20–30 min to University City.
WalkabilityExcellent; most errands can be accomplished on foot.
ParkingChallenging; mostly street parking, some permit zones, limited private garages.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Urban families
  • Empty nesters relocating from suburbs
  • Investors seeking stable returns

Key Selling Points

  • Historic architecture
  • Top-rated elementary school
  • Walkable to dining, parks, and Center City
  • Active community association

Pricing Considerations

Price competitively within recent comps; premium for renovated, move-in-ready, or Meredith catchment homes.

Common Objections & Response Strategies

Objection: Parking is difficult.

Response Strategy:

Highlight walkability, bike storage, and proximity to transit; mention available permit parking and nearby garages.

Objection: Older homes may need repairs.

Response Strategy:

Emphasize recent renovations, updated systems, and home warranties where applicable.

Objection: Noise from nightlife or traffic.

Response Strategy:

Point out quieter blocks, double-pane windows, and community efforts to manage noise.

Investment Insights

Investment Potential

Appreciation Potential

Moderate, 2.5–4.5% annually projected for 2025; stable due to desirability and limited land for new builds.

Rental Demand

Strong, especially for renovated homes and condos; proximity to Center City drives demand.

Buyer Competition

Still competitive for move-in-ready and historic properties, though rising inventory offers more choices.

Best For

  • Long-term homeowners
  • Buy-and-hold investors
  • Families seeking urban amenities

Potential Concerns

  • Parking limitations
  • Older home maintenance
  • Noise near nightlife corridors

Professional Recommendations

1

Emphasize school quality and walkability in marketing

2

Educate buyers on historic home benefits and maintenance

3

Leverage virtual tours and social media for broader reach

4

Network with local businesses and community groups for referrals

5

Stay updated on inventory and price trends to advise clients accurately

Competitive Analysis

Comparable Markets

  • Bella Vista
  • Society Hill
  • Passyunk Square

Market Positioning

Premium urban neighborhood with strong community and family appeal.

Competitive Advantages

  • Historic charm with modern amenities
  • Top-rated public school
  • Superior walkability and dining scene

Price Comparison

Queen Village median price ($575,000) is higher than South Philadelphia overall ($379,900), reflecting its desirability and amenities.

Investment Metrics

3.5–4.5% for well-located rentals
Cap Rates
4–5% gross annual yield typical
Rental Yields
18–20, indicating balanced buy/hold potential
Price-to-Rent
Positive for long-term rentals, especially for updated properties in Meredith catchment
Cash Flow
2.5–4.5% annual appreciation projected for 2025
Appreciation

Buyer Journey Insights

First-Time Buyers

Appealing for those seeking urban lifestyle and walkability; may need education on older home maintenance and parking.

Move-Up Buyers

Popular for families upgrading for school catchment and more space; focus on renovated homes and outdoor areas.

Downsizers

Attractive for empty nesters seeking walkability and reduced maintenance; highlight condos and smaller rowhomes.

Investors

Strong rental demand and stable appreciation; focus on updated properties near amenities.

Relocators

Draw for those moving from suburbs or other cities for urban amenities and community feel.

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.

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