East Falls sits along the Schuylkill River in Northwest Philadelphia, bounded by Manayunk, Roxborough, and Germantown. It is a compact, geographically distinct neighborhood with a strong identity, the kind of place people have in mind when they talk about Philadelphia’s village character. Kelly Drive runs along the river below, connecting the neighborhood south to Fairmount Park and the Schuylkill trail system.
The neighborhood was once home to the Kellys. John B. “Jack” Kelly Sr., a three-time Olympic gold medal sculler and accomplished builder, raised his family along Henry Avenue, where his daughter Grace Kelly grew up before becoming a Hollywood actress and, eventually, Princess of Monaco. Kelly Drive is named in the family’s honor. Thomas Jefferson University maintains a campus in the neighborhood as well, adding an active institutional presence to the surrounding residential blocks.
Talk to Henry| Median sale price (Oct 2026) | $385,000 |
|---|---|
| Homes listed (Oct 2026) | 20 |
| Homes sold (Oct 2026) | 9 |
| Pended (Oct 2026) | 12 |
| Listed volume (Oct 2026) | $8.7M |
| Sold volume (Oct 2026) | $4.3M |
| Listed median (Oct 2026) | $382,000 |
| Average days on market | 27 days |
| Zip code | 19129 |
| Region | Northwest Philadelphia |
Based on information from Bright MLS for 10/1/2026 through 10/31/2026; data is reliable but not guaranteed.
Boundary and reference data from OpenStreetMap contributors, available under the ODbL.
Lines are scaled to each metric’s own range to compare trend shape. Hover any month for actual values.
All Data From Bright MLS. Information deemed reliable but not guaranteed.
| Month | Units listed | Listed volume | Listed median | Pended | Units sold | Sold volume | Sold median | Days on market |
|---|---|---|---|---|---|---|---|---|
| Nov '25 | 12 | $4.3M | $332k | 7 | 13 | $6.5M | $400k | 31 days |
| Dec '25 | 6 | $2.7M | $322k | 3 | 9 | $4.5M | $395k | 55 days |
| Jan '26 | 10 | $4.0M | $389k | 9 | 8 | $3.1M | $352k | 38 days |
| Feb '26 | 8 | $2.5M | $322k | 9 | 8 | $3.2M | $385k | 90 days |
| Mar '26 | 17 | $6.6M | $390k | 7 | 25 | $9.1M | $350k | 57 days |
| Apr '26 | 20 | $8.6M | $390k | 8 | 14 | $5.6M | $397k | 61 days |
| May '26 | 22 | $9.7M | $404k | 10 | 14 | $5.1M | $282k | 37 days |
| Jun '26 | 16 | $6.0M | $337k | 7 | 10 | $4.1M | $379k | 26 days |
| Jul '26 | 21 | $8.3M | $385k | 6 | 15 | $7.1M | $415k | 23 days |
| Aug '26 | 16 | $5.0M | $297k | 8 | 18 | $7.4M | $402k | 76 days |
| Sep '26 | 20 | $8.0M | $338k | 10 | 11 | $4.4M | $400k | 24 days |
| Oct '26 | 20 | $8.7M | $382k | 12 | 9 | $4.3M | $385k | 27 days |
Based on information from Bright MLS for 11/1/2025 through 10/31/2026; data is reliable but not guaranteed.
East Falls has a self-contained, village-like quality that is fairly unusual in a city this size. It is geographically distinct, bounded by the river, the hillside, and surrounding neighborhoods, and that physical definition has given it a strong local identity over generations. The commercial stretches on Ridge and Midvale serve the people who live there, and the neighborhood has developed quietly and consistently for decades.
The housing in East Falls runs from rowhouses and twins on the flatter blocks near the river to more varied detached homes as the elevation climbs. The neighborhood’s topography, rising steeply west from the Schuylkill, creates real architectural variety across just a few blocks. Different streets at different elevations can feel like entirely different parts of the city, which makes searching here interesting.
East Falls station connects the neighborhood to Center City in about 20 to 25 minutes by regional rail. Kelly Drive provides a scenic route south toward Fairmount Park. Wissahickon Valley Park is accessible from the northern edge of the neighborhood, and the Schuylkill River Trail runs along the water below.
East Falls closed nine sales in October at a median of $385,000, down from September’s $399,900, and nine sales is a small enough sample that one or two homes can move that figure. Five of the nine closed between $375,000 and $424,900, with the rest spread from $165,000 to $1.25 million. The 20 homes that came to market in October carried a median asking price of $382,000, up from $337,500 in September.
The average time on market was 27 days in October, close to September’s 24. Cumulative days on market, which also counts earlier listing periods for the same home, also read 27, so none of these homes had been listed, pulled and brought back. The slowest of the nine took 65 days. Three closed above their original asking prices, one at it and five below.
Twelve homes went under agreement in October, the most of any month in the past year, following 10 in September and eight in August. Twelve agreements against nine closings suggests more sales are on the way, though not every agreement reaches settlement. Twenty homes came to market while inventory eased to 38 homes from 41. Bright puts supply at about 3.5 months, which means that at September’s pace of 11 closings it would take that long to sell those 38 homes.
Based on information from Bright MLS for 10/1/2026 through 10/31/2026; data is reliable but not guaranteed.
The T3 Home Demand Index (HDI) measures buyer urgency relative to available supply, scored against each market’s 2019 activity. Bright MLS reads below 70 as limited demand; 70–89 slow; 90–109 steady; 110–129 moderate; 130 and above high. Updated monthly.
The Philadelphia metro HDI held at 78 in October 2026, which keeps it in the Slow tier. T3 revised September’s reading to 78 from 77, so the month was flat. October 2025 now stands at 84, which puts the index six points below where it was a year ago.
Under that flat number, the segments moved in opposite directions. Luxury condos rose 20 points to 110, which moved them into the Moderate tier, though that segment had only 47 sales last month. Luxury single-family homes gained six points to 67 and stayed Limited. Entry-level single-family fell four points to 76, and entry-level condos fell four points to 95. Mid-range single-family fell three points to 69, which moved it from Slow into Limited, and townhouses, the metro’s largest segment, held at 87. All six segments are below their October 2025 levels.
Mortgage rates stayed high through the month. Freddie Mac’s 30-year average peaked at 7.40 percent in mid-October, and by October 29 it had eased to 7.24 percent. A year earlier it was 6.17 percent. The Fed held its own rate on October 28, and my October market update covers what that means for mortgage rates.
Source: Bright MLS T3 Home Demand Index · homedemandindex.com · All 34 data points sourced from monthly report pages.
As of October 2026, the median closed price in East Falls was $385,000. That covers nine sales, which is a small sample. Monthly medians here have run between $281,500 and $415,000 over the past year, and the 12-month median is $379,500. The 20 homes listed in October carried a median asking price of $382,000.
In October 2026, homes in East Falls sold in an average of 27 days, up slightly from 24 in September. The slowest of the month’s nine sales took 65 days. Cumulative days on market also read 27, so none of them had been listed, pulled and brought back.
East Falls is in zip code 19129 in Northwest Philadelphia, between the Schuylkill River and Wissahickon Valley Park. It borders Manayunk and Roxborough to the north and is served by SEPTA Regional Rail with direct access to Center City.
East Falls has access to the Schuylkill River trail and Wissahickon Valley Park, with rail service to Center City. The 12-month median sale price through October 2026 was $379,500. Thomas Jefferson University’s East Falls campus is in the neighborhood.
East Falls is a market I work in regularly. My most recent cooperating-agent review came from an East Falls transaction.
East Falls is part of the Northwest Philadelphia market I work in regularly. If you’re thinking about buying or selling here, I’m happy to share what I know.