Real Estate Market Update for 19087 (Wayne, PA)

Video: Real Estate Community Tour for 19087 (Wayne, PA)

See Real estate community tour for 19087 (Wayne, PA)
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 24% from one year earlier, and up 10% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 600-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 25%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 340-thousand dollars. The number of units sold decreased 50% year-over-year, and increased 31% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 19087 (Wayne, PA)
Area Information for 19087 (Wayne, PA)
  • Population: 33,329
  • Median Age: 39.87 yr
  • Median Commute Time: 21.8 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 2,088/sq mi
  • Population Change Since 2000: 3.48%
  • Closest Airport: Philadelphia International
  • Closest College: Eastern University
  • Closest Jr. College: Valley Forge Military Academy-college
  • Median Household Income: $97,113
  • Annual Residential Turnover: 16.59%
  • Median Years in Residence: 4.36 yr
  • Closest Major Sports Team: Eagles
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 19087 (Wayne, PA)
Median Age: 39.87 Married: 37% Number of Households: 12,892 Households with Children: 3,897
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 19087 (Wayne, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Woodlynde School 0.6 mi Private K-12 0 4
      Armenian Sisters Academy 0.6 mi Private PRESCHOOL-8 0 3
      New Eagle El School 0.8 mi Public K-4 5 5
      Heritage School 0.8 mi Private PRESCHOOL-K 0 0
      Goddard School 0.9 mi Private PRESCHOOL-K 0 0
      Agora Cyber Cs 1.0 mi Public K-12 1 4
      Roberts El School 1.1 mi Public K-4 4 5
      Our Lady Of The Assumption School 1.1 mi Catholic PRESCHOOL-K 0 0
      Valley Forge Military Academy 1.3 mi Private 7-12 0 3
      Radnor Middle School 1.6 mi Public 6-8 5 2
      Lane Montessori School 1.6 mi Private PRESCHOOL-K 0 0
      St. Katharine Of Siena School 1.7 mi Catholic K-8 0 5
      Launfal School 1.7 mi Private PRESCHOOL-1 0 0
      Wayne El School 2.0 mi Public K-5 4 4
      Valley Forge El School 2.1 mi Public K-4 4-5 5
      The Children's School Of Cabrini College 2.2 mi Private PRESCHOOL-K 0 0
      St David's Nursery School 2.2 mi Private PRESCHOOL-K 0 0
      Valley Forge Middle School 2.3 mi Public 5-8 5 5
      Montessori Children's House Of Valley Forge 2.3 mi Private PRESCHOOL-K 0 0
      Radnor El School 2.4 mi Public K-5 5 4
      Archbishop John Carroll High School 2.7 mi Catholic 9-12 0 4
      Radnor Senior High School 2.9 mi Public 9-12 5 4
      Chesterbrook Academy 3.4 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 19087 (Wayne, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.