Old City Real Estate - Find Your Perfect Home For Sale!
Old City - Town vs. County Stats
Avg Price in Old City: $563,600 / County Avg $324,500
Avg Taxes in Old City: $4,700 / County Avg $2,100
Avg Sq. Ft. in Old City: 1,471 / County Avg 1,581
Avg Price per/ft2 in Old City: $383 / County Avg $205
Avg Walkscore in Old City: 95 / County Avg 86
Avg Year Built in Old City: 1991 / County Avg 1951
Avg Days on Website in Old City: 130 / County Avg 100
Old City Real Estate Market Health
Old City in Center City is the historic hub of Philadelphia. This neighborhood represents both one of the major colonial cities of early American history and the birthplace of the United States.
While almost any block in the area has a claim to some pivotal event that helped shape the nation, major attractions include Independence Hall and the Liberty Bell, both of which attract huge numbers of tourists throughout the year.
The boundaries of Old City can be defined as being Front and Sixth Streets, with Vine Street and Walnut Street marking the Northern and Southern edges.
Yet Old City is not merely a piece of living history. The neighborhood is also home to a large portion of the city’s nightlife with a mix of both expensive and dive bars, dance clubs and hookah lounges. As the tourists file out at night the locals pour in for events like First Fridays, which occur each month. First Friday’s offer a way to enjoy art, music and style from local artists and businesses in a street fair style atmosphere at little or no cost.
While its prime location makes it expensive, Old City also retains many residents. These lucky city dwellers, many of them in historic row homes, are both situated in the heart of Philadelphia and separated from its hectic pace, hidden on narrow alleys and cobblestone streets. Even now, after over two hundred years, Old City still has the colonial look that made it so appealing to the country’s founders.