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North Philadelphia and Fairmount real estate news

I'm Jarrell James, a REALTOR with KW Empower. Every week on ReLLestate I go through the region's real estate news. This page is everything from those episodes about North Philadelphia and Fairmount, newest first.

What's been reported

  1. A Philadelphia pilot is selling rehabbed rowhouses for $160,000 through HACE, a North Philly community development corporation. One household earning about $45,200 is closing with a mortgage of about $1,000 a month, the Inquirer reports.

    , Episode 64

  2. A three bedroom Fairmount rowhouse with a private patio listed for $645,000.

    , Episode 52

  3. The Inquirer compared what $405,000 buys in Fairmount, in Delaware County and in Magnolia, Camden County.

    , Episode 48

  4. A couple closed on a $975,000 Fairmount townhouse with no down payment by combining loan programs, the Inquirer reported.

    , Episode 46

  5. Alterra is pursuing a $140 million refinance for LVL North at 510 North Broad Street. The building is 97% leased.

    , Episode 42

  6. Permits were issued for a 45 unit mixed use building at 4225 North Park Avenue in Hunting Park.

    , Episode 18

  7. Post Brothers was finishing the first 630 apartments at One Thousand One on North Broad Street, with 453 more planned in the next phase.

    , Episode 16

  8. The Philadelphia Housing Authority broke ground on 88 affordable apartments: 55 in Belmont and 33 in Sharswood.

    , Episode 11

Prices, counts and percentages are what was reported the week each episode ran. They are news about the area, not a valuation of any one property.

Questions about North Philadelphia

How much do the rehabbed homes in Philadelphia's vacant home pilot cost?

In the example covered this week, HACE, a North Philadelphia community development corporation, is selling rehabbed homes for $160,000. It is working with the City, the Philadelphia Housing Authority and a nonprofit partner, according to the Inquirer. From Episode 64, November 9, 2026

Which Philadelphia neighborhoods are in the draft Opportunity Zones 2.0 map?

The draft adds four tracts in Southwest Philadelphia along Woodland Avenue between 46th and 65th streets, keeps a smaller North Philadelphia cluster near Broad Street and Temple, and keeps Gray's Ferry and Point Breeze in South Philadelphia. Fishtown, Kensington and Brewerytown were in the first program and are not in this draft. Upper Darby and Millbourne are newly included. From Episode 62, October 27, 2026

What does $405,000 buy in the Philadelphia area?

The Inquirer's Price Point comparison covered in this episode looked at the same budget in three places: Fairmount in the city, Delaware County, and Magnolia in Camden County. The tradeoff is walkability in the city against more space, a driveway or a yard farther out. From Episode 48, June 29, 2026

Can you buy a home in Philadelphia with no money down?

One couple featured in the Inquirer did. They closed on a $975,000 Fairmount townhouse without a down payment by combining loan programs. The right structure depends on the buyer, so it is a question to take to a lender. From Episode 46, June 15, 2026

Is LVL North on North Broad Street full?

It was 97% leased and 95% occupied when this episode ran. The owner, Alterra, was pursuing a $140 million refinance. From Episode 42, May 4, 2026

How much of their income do Philadelphia renters spend on rent?

In 2024, 48% of renter households spent 35% or more of their income on rent, according to the Inquirer. The burden was highest in Hunting Park and West Philadelphia. From Episode 27, October 21, 2025

Buying or selling in North Philadelphia?

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Episodes that covered North Philadelphia

More areas: Center City, Fishtown and Kensington, Roxborough and Manayunk, Chestnut Hill and Mount Airy, West Philadelphia, South Philadelphia, Northeast Philadelphia. See all.