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The Most Expensive Zip Codes in Pennsylvania – Philadelphia Main Line in the Lead

Quick facts:

  • Villanova’s 19085 is Pennsylvania’s #1 most expensive zip code
  • Philadelphia and the Philadelphia Main Line are home to Pennsylvania’s top 10 most expensive zip codes
  • Philadelphia boasts the highest number of expensive zip codes – 5 – of any Pennsylvanian city
  • All of Pennsylvania’s top 50 most expensive zip codes feature median sale prices above the national average

With a looming 38,000-unit shortage in the apartment sector by 2030 and an ever-tightening stock of for sale homes, real estate conditions in Pennsylvania are increasingly favoring sellers.  Following national trends, demand is high and growing in the Keystone State, while supply continues to dwindle, especially in the middle-income buyer segment, pricing out many Millennials eager to buy their first homes. As bidding wars and above asking price sales have become increasingly common, Greater Philadelphia is currently in the midst of a buying frenzy, with prices and sales rising in the Harrisburg metro area as well.

As home values continued to grow and approach pre-recession levels, average and median sale prices have followed suit. At a median sale price of $1,046,925, Villanova’s 19085 is the #1 most expensive zip code in Pennsylvania. Although not among 2016’s 100 most expensive zip codes in the country, 19085 remains one of the most exclusive enclaves nationwide. Located at the heart of the notoriously affluent Pennsylvania Main Line, Villanova is no stranger to luxury real estate – the Fresh Prince of Bel Air himself called this high-income suburb home a few year ago.

But 19085 has higher claims to fame than Will Smith – Villanova give its name to Villanova University, whose campus is also located in the state’s priciest zip. The private research university is known for its graduate school, as well as the Villanova University School of Law, an institution that trained notables like 9/11 workers’ advocate David Worby, former San Diego Padres CEO Jeff Moorad and a host of high-profile politicians.

Close to $200,000 behind 19085, Gladwyne’s 19035 is the 2nd most expensive zip code in Pennsylvania over the past 12 months. Homes here sell at a median price of $850,000, more than two and a half times the national median sale price – which clocked in at $310,800 in June 2017 according to the latest Census data.

Rolling along the banks of the Shuykill River, just 12 miles from downtown Philly, 19035 is also known as one of the Main Line’s high-income enclaves. Thanks to early preservation efforts, Gladwyne has retained much of its original real estate landscape. Possibly most notable of them all is Linden Hill, the 1930s estate and former home of Campbell’s Soup heir John T. Dorrance, Jr. The iconic French Norman style property is currently listed for $16.5 million, a full $8 million below its initial pricing back in 2013.

With the 67-acre Linden Hill still on the market, the largest residential transaction in Pennsylvania over the past 12 months was the $5,850,000 sale of 1447 Waverley Road in Gladwyne back in late March. Built in 2007, the 15,471-square-foot Colonial home features 8 bedrooms and 9 baths. Luxe amenities at the 2-acre estate include a pool, 4-car garage, game room, and library, as well as a fitness center and generous outdoor living space, including a covered terrace, patio and pool deck. 1447 Waverley Road is located in Montgomery County, which boasts the highest number of pricey zips – 15 – of all Pennsylvania counties.

1447 Waverley Road, Gladwyne © Kurfiss Sotheby’s International Realty

With double the national median sale price, 19066 in Merion Station is the 3rd most expensive zip code in the Keystone State. Bordering Philadelphia, the median sale price for the past 12 months in Merion Station averaged out to $620,000. Musical fans will recognize Merion as the temporary home of the iconic von Trapps of The Sound of Music fame. Legendary art collector, Barnes Foundation founder and self-made millionaire Albert C. Barnes was also a noted resident of Merion Station.

Curious to see more of Pennsylvania’s priciest zip codes? Check out the 50 most expensive zip codes below:

#Zip codeLocationMedian sale price June 2016 - July 2017County
119085Villanova$1,046,925Delaware County
219035Gladwyne$850,000Montgomery County
319066Merion Station$620,000Montgomery County
419041Haverford$585,000Delaware County
519312Berwyn$563,750Chester County
618938New Hope$545,000Bucks County
719010Bryn Mawr$510,000Montgomery County
818977Washington Crossing$500,000Bucks County
919118Philadelphia$477,500Philadelphia County
1019034Fort Washington$472,000Montgomery County
1119333Devon$470,000Chester County
1219355Malvern$470,000Chester County
1319096Wynnewood$468,000Montgomery County
1419072Narberth$462,500Montgomery County
1519087Wayne$455,000Delaware County
1619425Chester Springs$454,742Chester County
1719317Chadds Ford$454,000Delaware County
1818940Newtown$446,500Bucks County
1918954Richboro$440,000Bucks County
2018902Doylestown$429,000Bucks County
2119103Philadelphia$428,000Philadelphia County
2219342Glen Mills$426,000Delaware County
2315142Presto$414,000Allegheny County
2419422Blue Bell$412,000Montgomery County
2519350Landenberg$399,000Chester County
2619004Bala Cynwyd$397,500Montgomery County
2718925Furlong$395,000Bucks County
2819025Dresher$391,250Montgomery County
2919343Glenmoore$390,000Chester County
3019073Newtown Square$387,000Delaware County
3118901Doylestown$385,000Bucks County
3219031Flourtown$375,000Montgomery County
3319106Philadelphia$375,000Philadelphia County
3419130Philadelphia$375,000Philadelphia County
3518929Jamison$372,500Bucks County
3618976Warrington$370,452Bucks County
3718947Pipersville$370,000Bucks County
3819444Lafayette Hill$368,105Montgomery County
3919006Huntingdon Valley$365,000Montgomery County
4018923Fountainville$361,250Bucks County
4119382West Chester$360,000Chester County
4219123Philadelphia$355,000Philadelphia County
4319002Ambler$355,000Montgomery County
4419341Exton$350,000Chester County
4519311Avondale$349,500Chester County
4619380West Chester$345,000Chester County
4718915Colmar$344,558Montgomery County
4819352Lincoln University$343,250Chester County
4919462Plymouth Meeting$340,000Montgomery County
5019067Morrisville$340,000Bucks County

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Methodology:  In order to determine which were the most expensive ZIP codes in Pennsylvania, we looked at all residential transactions closed between August 2016 and July 2017, taking into account condo, co-op, single- and the two-family homes. All package deals were excluded.

Eliza Theiss

Eliza Theiss

Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. Eliza also writes for CommercialEdge. Reach her at [email protected]

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