Why Live in Fairmount
Fairmount, also known as the Art Museum Area, is a vibrant neighborhood in Philadelphia located less than two miles from downtown along the scenic Schuylkill River. This area is renowned for its cultural attractions, including the Philadelphia Art Museum, the Rodin Museum, the Barnes Foundation, and the Franklin Institute. Residents enjoy the neighborhood's walkability, diverse restaurant scene, and excellent public transit options. Fairmount Park, the city's largest park, offers miles of trails and iconic sites like the Fountain of the Sea Horses and Boathouse Row. The Francisville Recreation Center provides facilities for swimming and basketball, while the Rocky Balboa statue steps challenge athletes. Dining options are plentiful, with popular spots like OCF Coffee House and Jack’s Firehouse. Annual events such as the Fairmount Avenue Street Fair and the Fairmount Arts Crawl bring the community together, and the Eastern State Penitentiary offers unique attractions, especially during Halloween. Housing in Fairmount includes stylish 1920s brick row homes, newer constructions, and condos, with many featuring rooftop terraces. The neighborhood's proximity to Interstates 76 and 95 and SEPTA's public transportation makes commuting convenient. Fairmount is about 13 miles from Philadelphia Airport. Residents appreciate the cultural richness and architectural beauty. The neighborhood is served by Bache-Martin School for K-8 and the Franklin Learning Center magnet school for high school students. Historic churches and Muhammad’s Temple of Islam add to the area's diverse character.
Home Trends in Fairmount, PA
On average, homes in Fairmount, Philadelphia sell after 39 days on the market compared to the national average of 52 days. The median sale price for homes in Fairmount, Philadelphia over the last 12 months is $449,500, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$449,500
Median Single Family Sale Price
$622,500
Median Townhouse Sale Price
$525,000
Median 2 Bedroom Sale Price
$365,000
Median 1 Bedroom Sale Price
$220,000
Average Price Per Sq Ft
$333
Number of Homes for Sale
82
Last 12 months Home Sales
224
Median List Price
$449,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%