Old City Real Estate

    Old City is the perfect neighborhood for new beginnings.

    Its occasionally-cobble-stoned streets have witnessed the birth of a new country. They’ve seen the rebirth of the city as a haven for the arts, while gallery after gallery sprang up along the waterfront. They’re still an ongoing and vital part of the city’s evolution into a tech-forward community, as startups and co-working spaces continue to open up within its borders.

    It’s also a neighborhood where you can begin a new interest in just about anything.

    Like theater, for instance. There’s the Arden, which throws award-winning plays in its theater spaces, and incredible bashes in the lobby. There’s also Christ Church Neighborhood House, a performance venue known for more experimental productions, and a not-to-be-missed destination during Fringe Festival every September. Or if independent film is more your style, choose from any of three Ritz movie theaters.

    Or the arts, of course. You can stop by any number of Old City galleries anytime. But during the First Friday of every month, gallery spaces, shops and public venues throughout the neighborhood keep their doors open late – and beckon visitors inside with wine samples, free treats, and all the arts openings you can handle.

    Then, there’s all that history. There’s well-known tourist destinations, like the Betsy Ross House and Independence Hall. But there’s also the oldest residential street in America (by 300 years!), Elfreth’s Alley, still inhabited by Philadelphia residents today. Or the still-operating City Tavern, an excellent restaurant with a rebel past – it’s the pub where gents like Ben Franklin and Alexander Hamilton used to talk of revolution with their beers.

    And it just keeps on getting better with every new beginning. Boutique shops, restaurants, bars, ice cream parlors: whatever your interest or taste, there’s something new (or really, really old) already there to satisfy it.

    Life in Old City:

    Schools:

    Grades K-8:

    Independence Charter School
    1600 Lombard Street
    Philadelphia, PA 19146
    215-238-8000
    independencecharter.org

    Grades 7-12:

    Mastery Charter High School
    5700 Wayne Avenue
    Philadelphia, PA 19144
    215-866-9000
    masterycharter.org

    Grades 9-12:

    Constitution High School
    18 S. 7th Street
    Philadelphia, PA 19106
    215-400-7850
    constitutionhs.philasd.org

    Charter High School for Architecture and Design
    107 S. 7th Street
    Philadelphia, PA 19107
    215-351-2900
    chadphila.org

    Dining and Nightlife:

    The Franklin Fountain
    116 Market Street
    Philadelphia, PA 19106
    franklinfountain.com

    City Tavern
    138 S. Second Street
    Philadelphia, PA 19106
    citytavern.com

    Moshulu
    401 S. Columbus Boulevard
    Philadelphia, PA 19106
    moshulu.com

    Cuba Libre
    10 South Second Street
    Philadelphia, PA 19106
    cubalibrerestaurant.com

    National Mechanics
    22 S. Third Street
    Philadelphia, PA 19106
    nationalmechanics.com

    JJ Bootleggers
    35 S. Second Street
    Philadelphia, PA 19106
    jjbootleggers.com

    Shopping:

    Art in the Age
    116 N. Third Street
    Philadelphia, PA 19106
    artintheage.com

    United by Blue
    144 N. Second Street
    Philadelphia, PA 19106
    unitedbyblue.com

    Sugarcube
    124 N. Third Street
    Philadelphia, PA 19106
    sugarcube.us

    The Book Trader
    7 N. Second Street
    Philadelphia, PA 19106
    phillybooktrader.com

    Scarlett Alley
    241 Race Street
    Philadelphia, PA 19106
    scarlettalley.com

    Smak Parlour
    219 Market Street
    Philadelphia, PA 19106
    smakparlour.com

    Transportation:

    Old City is easily accessible via SEPTA’s Market-Frankford Line with stops at 5th and 2nd & Market Streets. A large number of Bus Routes also make stops in Penn’s Landing and the seasonal PHLASH bus offers convenient access to Philadelphia’s top attractions from the Independence Visitor Center.

    Source: iseptaphilly.com

    Real Estate Stats:

    As of January 2018, the Old City neighborhood has seen 182 units sold, with an average list price of $718,582, and an average sales price of $626,365. Average days on the market: 75.