MANAYUNK Real Estate

Newly restored industrial area, vibrancy is the name of the game here. Located near East Falls, the bars, restaurants & shopping are where it’s at in this satellite of a city in the heart of the burbs.

Manayunk is located on the north western edge of Philadelphia, a hilly area that gives the neighborhood a distinctive character. Now considered one of the most desirable areas of the city to live. Manayunk is home to an exciting nightlife and a wide variety of attractions.

Perhaps the best known event in this section of the city is the bike race that takes place there annually. Crowds pack the sidewalks to watch professional cyclists take on the dreaded “wall,” a steep hill that runs through the center of the neighborhood.

While today Manayunk is the home of young professionals and graduate students, it used to be an immigrant community. The large number of mills and factories, powered by river power, attracted workers. There are still signs of the neighborhood’s history in the many churches and historic buildings that dot the hillside. Many of these structures have since been converted for modern use, now housing upscale shops and luxury condominiums. Yet even if the window displays and residents have changed over the years, the cobblestone paving and row homes retain a small town’s charm.

MANAYUNK - Town vs. County Stats

Avg Price in MANAYUNK: $476,200 / County Avg $436,100

55%

Avg Taxes in MANAYUNK: $2,700 / County Avg $17,500

8%

Avg Sq. Ft. in MANAYUNK: 1,933 / County Avg 1,502

64%

Avg Price per/sqft in MANAYUNK:$246 / County Avg $290

85%

Avg Walkscore in MANAYUNK: 81 / County Avg 84

48%

Avg Year Built in MANAYUNK: 1945 / County Avg 1946

50%

MANAYUNK Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales