Published September 16, 2025

Moving to Philadelphia? Here’s What New Homebuyers Should Know

Author Avatar

Written by Ryan Kanofsky

Moving to Philadelphia? Here’s What New Homebuyers Should Know header image.

Thinking about relocating to Philadelphia?

What should new buyers know before jumping into the market here?

Short answer: Philly offers a wide range of housing, unique neighborhoods, and local quirks that newcomers need to plan for.


Housing Styles You’ll See

From historic brick rowhomes to sleek Center City condos and spacious townhouses, Philadelphia has options for every lifestyle. Understanding the pros and cons of each helps narrow your search.

Neighborhood Variety

Each neighborhood has its own personality—think the artsy vibe of Northern Liberties, the charm of Chestnut Hill, or the bustling energy of South Philly. Deciding what fits your lifestyle is step one.

Local Costs to Plan For

Philadelphia has its own real estate transfer tax, along with city wage taxes that newcomers often overlook. Factor these into your buying budget alongside standard closing costs.

Why Philly Appeals to Buyers

  • Affordable compared to nearby cities like NYC and DC
  • Walkable neighborhoods with strong community ties
  • Rich history, culture, and dining scene

If you’re moving to Philadelphia, take time to learn the market, explore neighborhoods, and budget for the unique costs of buying here. With the right guidance, you’ll find a home that fits your lifestyle and long-term goals.

 

👉 Ready to explore your Philly options? Browse listings or book a call with KG Real Estate today.

Categories

Buyer Know-How, Philly

Get In Touch


home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way