Why Live in Pennypack
Pennypack, a neighborhood in Philadelphia, combines a suburban-urban feel with single, spaced-out houses and abundant greenery. The area is quieter and more tree-lined compared to other parts of northeast Philly, largely due to the presence of Pennypack Park. This 1,600-acre park features wetlands, meadows, historic buildings, an outdoor amphitheater, wooded trails, and the paved Pennypack Trail, making it a popular attraction for hiking, biking, and horseback riding. Residential areas near the park consist of 1950s brick and stone multi-family duplexes, some with stone retaining walls, front patios, or back decks. Farther south, three-story stone and brick twin houses with ground-level garages are common, while newer contemporary Colonials in Summer Hill Estates offer more space.
The neighborhood's commercial and industrial areas are concentrated along Roosevelt Boulevard, with retail and dining options such as Marshalls, Skechers, Ulta Beauty, Lidl Food Market, and Giant Supermarket. Dining spots include NORI Ramen and Poke Bowl and Miller's Ale House. Public transportation is accessible via SEPTA buses, and commuters can reach Center City with a 10-mile drive down Interstate 95. Healthcare services are available at Nazareth Hospital, located near Pennypack Park. The Northeast Philadelphia Airport, situated across Grant Avenue, contributes some noise pollution.
Pennypack is known for its community feel, with many long-term residents and families. The neighborhood offers a balance of convenience and tranquility, making it appealing for those seeking both urban amenities and a peaceful environment.
Home Trends in Pennypack, PA
On average, homes in Pennypack, Philadelphia sell after 26 days on the market compared to the national average of 52 days. The median sale price for homes in Pennypack, Philadelphia over the last 12 months is $330,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$330,000
Median Single Family Sale Price
$349,450
Median Townhouse Sale Price
$343,500
Median 2 Bedroom Sale Price
$243,000
Median 1 Bedroom Sale Price
$161,500
Average Price Per Sq Ft
$236
Number of Homes for Sale
20
Last 12 months Home Sales
105
Median List Price
$340,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%