The Main Line is an affluent area in the western suburbs of Philadelphia. Originally developed with luxury homes and estates and mansions owned by the wealthiest families, the area is now a line of communities catering to those looking for luxury homes in a beautiful location. With famous attractions, shopping, recreation and high-ranking schools, the Main Line’s vibrant real estate market is one of the largest and most stable in the US.
The Main Line communities are located along the SEPTA Paoli/Thorndale rail line, and are the midpoint between Washington, DC and New York City. The core Main Line communities include Gladwynne, Bryn Mawr, Wayne, Radnor, and Villanova, and are all well established and the most affluent in the area. However, there are also younger communities that provide an urban feel, including Narberth and Ardmore.
The Main Line is also well known for the numerous schools in the area that are some of the highest ranking in the nation. With a mix of public school systems, private schools, and parochial schools, there is a great school for every student, including those requiring gifted programs or special education.
The real estate on the Main Line includes entry-level properties that start in the $250K range up to $500K. These homes are currently in high demand as more Philadelphians are choosing to relocate to the area for its beauty and culture, and so their children can benefit from stellar education.
Those looking for homes in this prosperous area can expect gorgeous properties and stunning homes, all at solid market prices. The high demand and price appreciation for homes in the $600K to $900K mid-level market has made the Main Line area home prices stable, even during the recession when other communities were seeing considerable losses in the values of their homes.
While homes ranging into the $2.5 million price range are seeing some decreases in sale prices, this is not the norm. Those interested in living in one of the "Main Line" communities need to work with a professional realtor if they want the home of their dreams – in this demanding market, spectacular homes can sell within days or even hours of listing. A realtor can help you with negotiation tactics specific to the market, and help you secure that home you love.