Why Live in East Oak Lane
East Oak Lane in north Philadelphia is known for its immense, historic homes showcasing a variety of architectural styles. Located 12 miles from Center City and east of Broad Street, this neighborhood features large lots with homes set on hills, tidy front yards, and sidewalks lined with young maple trees. Architectural styles range from colonial manors with wraparound porches to Tudors with uniquely pitched roofs, and American Foursquares with stucco exteriors and red clay tile roofs. The southern side of the neighborhood offers ranch homes, bungalows, and Cape Cod-style properties. The median home price in East Oak Lane is around $324,500.
Korean culture features prominently in East Oak Lane, with dining options like Café Soho for spicy Korean fried chicken, Jong Ka Jib for traditional dishes, and Mr. Wish Olney for bubble tea. H Mart Philadelphia provides a variety of Korean groceries and a food court. The Sturgis Playground recreation center offers movie nights, arts and crafts, bingo, summer camps, and community events, along with a playground and splash pad. For transportation, the Fern Rock Transportation Center is just a mile south in Olney, providing access to buses and SEPTA lines for easy travel within Philadelphia.
Frequently Asked Questions
Is East Oak Lane a good place to live?
East Oak Lane is a good place to live, receiving 3.6 stars from its residents. East Oak Lane is considered somewhat walkable and bikeable with good transit options. East Oak Lane is an urban core neighborhood. East Oak Lane has 5 parks for recreational activities. It is fairly dense in population with 14.9 people per acre and a median age of 44. The average household income is $86,166 which is below the national average. College graduates make up 34.6% of residents. A majority of residents in East Oak Lane are renters, with 54% of residents renting and 46% of residents owning their home. A
local real estate agent serving East Oak Lane can help you decide if this neighborhood is the right one for you. Learn more on our
East Oak Lane neighborhood guide.
How much do you need to make to afford a house in East Oak Lane?
The median home price in East Oak Lane is $344,500. If you put a 20% down payment of $68,900 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in East Oak Lane. The average household income in East Oak Lane is $86K.
What are the best public schools in East Oak Lane?
The best public schools that serve East Oak Lane are:
What are the best private schools in East Oak Lane?
The best private schools that serve East Oak Lane are:
What are the most popular zip codes in East Oak Lane, Philadelphia, PA?
What are the most popular neighborhoods near East Oak Lane, Philadelphia, PA?
Home Trends in East Oak Lane, PA
On average, homes in East Oak Lane, Philadelphia sell after 44 days on the market compared to the national average of 52 days. The median sale price for homes in East Oak Lane, Philadelphia over the last 12 months is $337,500, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$337,500
Median Single Family Sale Price
$380,000
Median Townhouse Sale Price
$292,500
Average Price Per Sq Ft
$151
Number of Homes for Sale
4
Last 12 months Home Sales
36
Median List Price
$344,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%