• Description

    It’s a familiar story; a working class neighborhood experiences an influx of investment, bohemian coffee shops open, public opinion on street art shifts from graffiti to social commentary and, finally, a high end grocery store opens in an industrial looking building. Yes, Fishtown is experiencing symptoms of gentrification. However, this is a self aware process. The city of Philadelphia, along with community development organizations, take steps such as subsidizing new housing to ensure that residents aren’t pushed out of this unique neighborhood. Additionally, Philadelphia is no stranger to the ‘G’ word. Consider the positive transformations of Fairmont, Somerton, Manayunk and Mount Airy. Perhaps gentrification, with its negative connotations, is the wrong word to describe the process taking place in this historic and proud neighborhood. Rather, what’s going down in Fishtown is a renaissance–a process of looking forward while valuing the past.

     

    No one has described what’s going on in Fishtown better than John Oates. A music venue, the Fillmore recently opened. The opening act? Hall and Oates. The night of the performance, Oates commented, “It’s a first tonight for you; it’s a first tonight for us. Here in Fishtown — how about that? I used to be scared to come up here.” Yes, Fishtown has a past that includes some nitty and gritty–but nitty gritty-ness is what drew people here in the first place. North of the relatively exorbitant Center City, east of collegiate oriented Temple and bordering the Delaware river is Fishtown. Fishtown has a history that predates European colonization. Once home to the Lenni Lenape Native American tribe, the neighborhood developed around the influx of German, Irish and Polish immigrants. The neighborhood served as a commercial fishing hub and center for industry. Even as industrial jobs left, long time residents found new jobs and ways to make ends meet. Bohemian types, musicians, culinary artists have been moving into the neighborhood for years for its relatively affordable housing and old-school city feel.

     

    There are several green spaces/community gardens in Fishtown. The largest and most scenic park is Penn Treaty Park. It has large green spaces dotted with old sycamore, willow and elm trees. It includes a bank of the Delaware river and views of Center City and the Benjamin Franklin Bridge. The space is where William Penn famously signed a peace treaty with a sect of Lenni Lenape in 1683.

     

    Transportation is easy in Fishtown. Hop on the “L” (SEPTA’s Market Frankford elevated train) and get to Center City in 20 minutes. Or, for a more nostalgic approach, take the Girard Avenue trolley. Once a horse-car line, the trolley line dates back to 1895.

    Due to the combination of new construction, older homes and renovated older homes there is a plethora of choice when purchasing real estate in Fishtown. Renovated homes are very popular and relatively affordable when compared to prices in higher income neighborhoods. With plenty of choice it’s easy to find the right home relatively quickly.

Location

Fishtown, Philadelphia
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Fishtown

Listings Available

$2,400,000
319 Vine St #501
Philadelphia, PA 19106
4 bed | 3 bath | 4,000 sq
Courtesy of BHHS Fox & Roach-CC Rittenhouse Hotel
Pending
$1,700,000
1145 N Delaware Ave #4
Philadelphia, PA 19125
3 bed | 3/2 bath | 3,966 sq
Courtesy of Keller Williams Realty Center City
Pending
$1,700,000
1145 N Delaware Ave #3
Philadelphia, PA 19125
3 bed | 3/2 bath | 3,966 sq
Courtesy of Keller Williams Realty Center City
 New Listing
$1,695,000
1145 N Delaware Ave #9
Philadelphia, PA 19125
3 bed | 3/2 bath | 3,966 sq
Courtesy of Keller Williams Realty Center City
$1,650,000
309 N 5th St
Philadelphia, PA 19106
3 bed | 4/3 bath | 4,000 sq
Courtesy of BHHS Fox & Roach-Center City Walnut
 New Listing
$1,595,000
1145 N Delaware Ave #5
Philadelphia, PA 19125
3 bed | 3/2 bath | 3,966 sq
Courtesy of Keller Williams Realty Center City

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Fishtown

Statistics

Price range:
  • Average Days on Market Residential

    118 September 2017
    -30.8 % since
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    -30.8 % since September 2016
  • Average Price per SqFt Residential

    $5,372 September 2017
    +2,202.6 % since
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    +2,202.6 % since September 2016
  • Total Monthly Inventory September 2017

    420
    Total Units
    +101.0 % since
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    +101.0 % since September 2016
  • New Listings Residential

    67 September 2017
    +13.6 % since
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    +13.6 % since September 2016
  • Percent of Asking Price Residential

    98 % September 2017
    -1.9 % since
    -1.9 % since September 2016

Local Information

Local Information

Understand the educational environment and opportunities around this area before moving in.
Bodine William W High School
Type: Public
Level: 9-12
Adaire Alexander School
Type: Public
Level: K-8
St Peter The Apostle School
Type: Private
Level: PK-8
Lasalle Academy
Type: Private
Level: 3-8
Penn Treaty Middle School
Type: Public
Level: 6-12
General Philip Kearny
Type: Public
Level: K-8
Moffet John School
Type: Public
Level: K-5
Walter D Palmer Leadership Learning Partnership Cs
Type: Charter
Level: PK-12
Al Aqsa Islamic Academy
Type: Private
Level: PK-12
Young Scholars Cs
Type: Charter
Level: 5-8

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