Philadelphia Real Estate
Row homes and river wards, Center City condos and colonial classics. Philadelphia offers a home for every buyer, in a city that never stops moving.
A City Built for Every Kind of Buyer
Philadelphia is a market with real depth. The citywide median home price sits around $265,000 to $275,000, which means entry-level buyers and luxury buyers are shopping the same city, just different blocks. Craig Lerch has closed transactions across Philadelphia's neighborhoods over his 37+ year career, from first-time purchases in the river wards to townhomes, multi-unit buildings, and commercial property.
Popular buyer neighborhoods include Fishtown, with its independent shops and new construction, East Passyunk, a food-and-family hub with strong price appreciation, Graduate Hospital and Fairmount for buyers who want walkable proximity to Center City, and Chestnut Hill, the city's premium market with stone houses and village charm. From the rowhome blocks of South Philly to the tree-lined streets of Mt. Airy and Manayunk's hillside views, Philadelphia rewards buyers who know where the next chapter is being written.
Schools, Charters, and the Suburban Choice
Buying in Philadelphia means weighing the full education picture. The School District of Philadelphia serves the city's public schools, supported by one of the country's largest charter school networks and a deep bench of historic parochial and private schools. Many buyers pair a Philadelphia home with a specific school plan, while others look to Main Line districts like Lower Merion or Bucks County's Central Bucks and Council Rock when a suburban school assignment fits the family's goals. Craig helps you think through the tradeoff before you make an offer.
- • School District of Philadelphia: The city's public school system, with neighborhood schools across all wards.
- • Charter & Magnets: Philadelphia's charter network and magnet programs give families options beyond the neighborhood assignment.
- • Nearby Suburban Districts: Lower Merion, Central Bucks, Council Rock, and Wissahickon are common choices for buyers who want suburban schools with a quick commute.
City Market Profile
Handpicked Philadelphia Dining Favorites
Craig's picks for great meals across the city, from fine dining at Rittenhouse to craft beer on the Parkway.
Lacroix Restaurant at The Rittenhouse
Fine Dining · Rittenhouse Square
One of Philadelphia's most refined dining rooms, overlooking Rittenhouse Square. A favorite for client dinners and celebrations, with a seasonally driven menu and exceptional service.
Victory Brewing Company Philadelphia
Craft Brewery & Restaurant · Museum District
A lively brewpub on the Benjamin Franklin Parkway, pairing Victory's flagship beers with a crowd-pleasing kitchen. Great for casual client meetings and post-show meals.
Navigating a Philadelphia Home Transition?
With over 37+ years and 4,000+ transactions managed directly, including transactions across Philadelphia's neighborhoods, our comprehensive Platinum Plan matches you with the strategies to succeed.
Speak with Craig Lerch Direct"We relocated from California to Pennsylvania and needed someone we could trust from 3,000 miles away. Craig became our eyes, ears, and advocate throughout the entire process. His local knowledge and communication made the distance disappear."
The Chen Family, Lower Gwynedd, PA