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Lower Merion Township
  • Suburb of Philadelphia, PA

Lower Merion Township Real Estate Market

About Lower Merion Township Real Estate

Housing
grade B
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban Suburban Mix
Rent vs. Own
  • Rent
    25%
  • Own
    75%
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Map

Home Listings

Listings by Ojo

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Real Estate Costs

Median Home Value
$647,900
National
$244,900
Home Values
  • <$50k
    1%
  • $50-$99k
    1%
  • $100-$199k
    6%
  • $200-$399k
    19%
  • $400-$749k
    33%
  • $750k+
    40%
Median Rent
$1,667
National
$1,163
Monthly Rent
  • <$500
    2%
  • $500-$999
    10%
  • $1,000-$1,499
    29%
  • $1,500-$1,999
    28%
  • $2,000+
    31%

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Home Quality

Poll
55%
of residents say the exterior quality of homes is good or excellent. 11 responses
Poll
36%
of residents say the interior quality of homes is good or excellent. 11 responses
64%
of residents say there is a good variety of homes. 11 responses
45%
of residents say there are a few vacant or abandoned properties here and there. 11 responses
55%
of residents say that parking is readily available. 11 responses

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Overview

Homes in Lower Merion Township have a median value of $647,900. The median rent price in Lower Merion Township is $1,667 and most residents own their homes. Lower Merion Township is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.

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