Philly's real estate transitioned from a buyer's to seller's market earlier this year, when home prices hit an all-time high since the housing bust. Still, reports show that it's still a better deal to buy than rent in this city, with the median home price hovering somewhere around $141,000. Although prices are rising and inventory is dwindling, there are still some pretty nice properties for sale with reasonable price tags. Here, listed from least to most expensive, are 10 homes for sale just under $200,000, and not a penny over.Read More
10 homes for sale in Philly under $200K
1. 914 N. Randolph St., Unit B
Philadelphia, PA 19123
It's still possible to find affordable properties in Northern Liberties, where new builds are pushing home prices up and up. This 2-bedroom, 1-bath Trinity is definitely charming, with its wood-burning fireplace and farmhouse-style kitchen.
2. 2124 N. Hobart Street
Philadelphia, PA 19131
Just on the edge of West Philadelphia, this Wynnefield home has been recently renovated and looks like it gets plenty of natural light. Just note: That front deck will be removed prior to the sale.
3. 2352 Federal Street, Unit 1
Philadelphia, PA 19146
Just above Grays Ferry and Point Breeze, this 2-bedroom, 1-bath condo is in a newly built community. Even at just 753 square feet, the master bedroom has a walk-in closet, the bathroom is spacious, and big windows let lots of light into the home.
4. 2617 Livingston Street
Philadelphia, PA 19125
This cute rowhouse in Olde Richmond sits on the same street as new construction that's in the $300Ks. It features two bedrooms and two baths, and is a cozy 880 square feet.
5. 8530 Temple Road
Philadelphia, PA 19150
In Mt. Airy (East), this rowhome has a new roof, HVAC, and windows, has been completely renovated inside, too. There's an electric fireplace, nice modern finishes throughout, and a little front yard.
6. 234-38 N. 3rd Street, Unit 405
Philadelphia, PA 19106
It's all about location with this 1-bedroom condo, which is right on so-called Nerd Street, blocks from Old City's historic haunts. Outside the bedroom window is a view of the Benjamin Franklin Bridge and Center City skyline.
7. 108 Mercy Street
Philadelphia, PA 19148
This price tag buys you a sunny, 2-bedroom, 1-bath home in Pennsport, named neighborhood of the year by Curbed readers in 2015. It's loaded with character, from the hardwood floors to the crown molding to the exposed brick. While there is a small back patio, it's also not a far walk from the many piers-turned-parks along the Delaware River.
8. 1901 Green Street, Unit 4
Philadelphia, PA 19130
At 493 square feet, this studio in Fairmount is one of the smallest condos for sale in all of Philly. But it manages to squeeze a lot of charm into the tiny space, from the marble fireplace to the tall windows and hardwood floors.
9. 1339 N. Myrtlewood Street
Philadelphia, PA 19121
In booming Brewerytown, this 2-bedroom, 1-bath home is on the market for just under $200K after undergoing a gut renovation. The rooms may be a bit tight, given that the home is 819 square feet. But location is close to Fairmount and offers easy access to Center City.
10. 2535 Pierce Street
Philadelphia, PA 19145
In Point Breeze, this 3-bedroom, 1-bath home surprises inside with its new interiors. There's exposed brick, a metal staircase, and the mudroom behind the kitchen is a nice touch.