Northern Liberties Real Estate - Find Your Perfect Home For Sale!
Northern Liberties - Town vs. County Stats
Avg Price in Northern Liberties: $422,000/Co. / County Avg $571,700
Avg Taxes in Northern Liberties: $2,000/Co. / County. Avg $3,500
Avg Sq. Ft. in Northern Liberties: 1,348/Co. / County Avg 1,804
Avg Price per/ft2 in Northern Liberties: $313/Co. / County Avg $317
Avg Walkscore in Northern Liberties: 94 / County Avg 85
Avg Year Built in Northern Liberties: 1979/Co. / County Avg 1949
Avg Days on Website in Northern Liberties: 66/Co. / County Avg 96
Northern Liberties Real Estate Market Health
Northern Liberties has become a hub for a wide variety of Philadelphia residents, many of them young. Students, artists and entrepreneurs all flock to the area, which has enjoyed a massive development boom in recent years. Art galleries have appeared next to bars, restaurants, and new businesses, marking it as the place to find the newest trends and styles.
Northern Liberties popped into existence as an immigrant community, providing a place for thousands of German and Eastern European families seeking a new life in Philadelphia. As a result it was full of various industrial buildings such as tanneries, mills and chemical factories. For many early residents, who both lived and worked in the neighborhood, it was a tough existence. With the many condo and apartment buildings that have parked up between parks and stores, they would not even recognize the modern version of their home.
As Northern Liberties has developed, it has also grown. The label, and style, of the area has begun to overtake some of the surrounding districts, such as Kensington. This is less an invasion than a sharing of the wealth though, as the positive forces at work in the neighborhood revitalize an ever larger swath of the city.