Why Live in Narberth
Narberth, located on the Philadelphia Main Line, is a historic neighborhood known for its charming downtown, community spirit, and low crime rate, which is safer than the national average. With a population of 4,300, this half-square-mile borough features a mix of Dutch Colonial, Victorian, Cape Cod, bungalow, twin, and row houses, many dating from the late 1800s to the 1930s. The neighborhood's walkability is a significant draw, with most homes within walking distance of local businesses, restaurants, pastry shops, and bookstores. Narberth Park offers basketball courts, baseball diamonds, open fields, and a large playground, providing ample opportunities for outdoor activities. The Lower Merion School District, serving Narberth, is highly rated, with Merion Elementary, Bala Cynwyd Middle, and Lower Merion High School all receiving top marks. The neighborhood hosts various community events, such as the annual Leprechaun Hunt, Narberth Fireworks, and the Dickins Festival, ensuring there are always things to do. Shopping and dining options are plentiful, with favorites like The Cheese Company, Real Pizza, and Ryan Christopher’s. Narberth is conveniently located 7 miles from downtown Philadelphia, with easy commuting options via the SEPTA train system and nearby major routes.
Frequently Asked Questions
What is the average home price in Narberth, PA?
Homes for sale in Narberth, PA have an average home price of $843,296.
Are home prices dropping in Narberth?
Yes, home prices in Narberth are down 5% in the last 12 months.
How many homes have sold over the last 12 months in Narberth, PA?
25 homes have sold in Narberth, PA over the last 12 months.
What are the most popular zip codes in Narberth, PA?
How much do you need to make to afford a house in Narberth?
The median home price in Narberth is $839,000. If you put a 20% down payment of $167,800 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $4,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $187K a year to afford the median home price in Narberth.
How are the schools in Narberth, PA?
Home Trends in Narberth, PA
On average, homes in Narberth, PA sell after 19 days on the market compared to the national average of 50 days. The median sale price for homes in Narberth, PA over the last 12 months is $839,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$839,000
Median Single Family Sale Price
$822,500
Median Townhouse Sale Price
$1,425,000
Median 1 Bedroom Sale Price
$190,000
Average Price Per Sq Ft
$379
Number of Homes for Sale
2
Last 12 months Home Sales
25
Median List Price
$839,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%