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University City Real Estate & Homes for Sale

Buying or Selling University City Real Estate

If you're planning to buy or sell a home in University City Philadelphia - Philadelphia realtors experience can be your asset! Why not let a team of real estate professionals serve your University City real estate needs?

If you're currently looking for a home please have a look at University City homes for sale current listings. Use the University City MLS search tools you'll find here, If you don't see what your looking for here, contact a University City realtor and they will search the entire University City real estate market to meet your needs! Or submit a University City MLS listings by email form and they'll email you every new home that meets your criteria.

If you're interested in downtown Philadelphia or any of the other local communities in the greater Philadelphia area, please use the real estate resources you'll find on Philadelphiasrealestate.com to aid in you home search or new Philadelphia mortgage process.

University City Philadelphia History

zip codes 19104, 19139, 19143  University City

University City is bounded by the Schuykill river on the east, Spring Garden Street, Powelton Avenue and Markey Street to the north, Civic Center Boulevard, University Avenue, and Woodland Avenue to the south, and 52nd Street to the west. The area is home to the University of Pennsylvania, its largest employer, Drexel University and the University of the Sciences, and Lincoln University Plaza. The western end of the district is basically residential and consists of Victorian and early twentieth century homes. There are many diverse cultural amenities in the area and its proximity to Center City makes it very desireable.

The University of Pennsylvania, founded in 1740 moved to its present location in 1872 and has continued its expansion program over the years. Its hospital is ranked 12th in the United States. Penn/Presbyterian Hospital is in the area, as well as the VA Medical Center and Children’s Hospital, ranked number one in the country.

In 1677 William Warner purchased 1,500 acres from the local Indian tribe.  The area was called Blockley. The Blockley Almshouse was situated there. It eventually became the Philadelphia General Hospital.  When Philadelphia proper was founded five years later, and at that time the area began to be called West Philadelphia. The area along Lancaster Avenue and Market Street became a haven for travelers with inns and taverns proliferating. In the coming years improvement of public transportation led to the migration of city-dwellers west. This was a period of major growth, and  lkarge and attractive homes were built as well as apartment complexes.The Great Depression, however, saw the beginning of deterioration in the housing stock

In the mid-1950s the name University City was coined in order to attract university faculty members back to the area. Penn has offered attractive mortgage incentives to Penn employees who locate in the area. There has been gentrification going on for several decades, and many new buildings have been constructed on the several campuses. A great deal of the housing stock was bought up by companies providing student housing, and many row houses were rehabbed. First class restaurants and fast food venues started to appear, as well as high-end boutiques and clothing stores. Penn is planning development along the Schuykill’s west bank.

University City Philadelphia Homes for Sale

University City has a diverse assortment of condos and single family homes. The average listing is $634,110 and the median sales price $233,000.

 

University City Philadelphia MLS search

 


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