Market East

Market East

Philadelphia, Pennsylvania Homes for Sale

About Market East

Market East is the shopping and entertainment epicenter of downtown Philly. Located right in the Center City district, Market East is a commercial neighborhood situated around Market Street and is home to many shops and businesses. The neighborhood encompasses Philadelphia’s City Hall, Reading Terminal Market, the Pennsylvania Convention Center, museums, galleries, and plenty of retail and dining options. Market East is situated between Arch Street and Chinatown to the north, Walnut Street and Washington Square West to the south, Broad Street to the west, and Old City to the east.

Quick Facts

Current Prices: $279,000 to $1,750,000

Closed Prices: $237,500 to $879,000

Median Sale Price: $375,000

Average $ per sq ft: $429

Association Fee Ranges: $0 to $949/mo

Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home

Age: 1867 to 2016

Sq. Ft.: 640 to 3600 Sq. Ft.

Bedrooms: 1 to 3 Bedrooms

Bathrooms: 1 to 4 Bathrooms

Around Market East

Market East is largely a shopping corridor and attracts visitors and locals from around Philly. With the ornate City Hall as a central landmark, the neighborhood is right in the bustling city center and is home to hotels, restaurants, nightlife, and more. Market East is walking distance from some of the city’s best museums and monuments, as well as nearby neighborhoods offering high-end stores and boutiques, outdoor cafes, and charming tree-lined streets.

Market East and Center City offer extravagant penthouses and high-end living options. Condominiums in grand buildings offer a bit more affordability, but monthly HOA fees can be steep. A range of more affordable options can also be found in Midtown Village and surrounding areas.

The options are plentiful in Market East, where you’ll find Japanese, Italian, seafood, American fare, sushi bars, tea houses, pubs, bars, and more. Try the Salted Caramel Budino at Barbuzzo, the renowned sushi at Morimoto, or head over to the Reading Terminal Market and grab a doughnut from Beiler’s or the roast pork sandwich at DiNic’s as you stroll through the public marketplace.

You’ll see a bit of everything around Market East, from museums, galleries, and historic sites to popular dining and entertainment spots. The Pennsylvania Convention Center hosts a variety of events and exhibitions that attract visitors throughout the year, and nearby is the Academy of Fine Arts, the Trocadero Theatre, and the elegant City Hall building. Macy’s City Center, located on Market Street, is known for its architecture and houses the iconic “Meet me at the Eagle” statue in the Grand Court. Combined with nearby iconic landmarks like Independence National Historical Park, the Liberty Bell, and Independence Hall, there’s plenty to see and do around this neighborhood.

There’s always something going on in Market East. Wander through an exhibition at the Convention Center (like the famous Philadelphia Auto Show or the Philadelphia Flower Show) or head to the Trocadero Theatre for a comedy show or musical performance. Check out a new bar- there are plenty to choose from in Market East. Locals love Good Dog Bar, known for their Good Dog Burger and late-night comfort food.

Stroll through Love Park to see the fountain and iconic “love” sculpture or wander out a bit farther to enjoy the greenery in Rittenhouse Square. There are plenty of brunch options to choose from in the Market East area, and even more shops, sights, and museums to follow. Check out the Masonic Temple or the Fabric and Workshop Museum, located just a few blocks from one another.

One major advantage of Market East is its location—there’s no limit to public transportation options. Subway, train, and bus lines will get you to any of the surrounding neighborhoods and the Airport Line is accessible from Jefferson Station and Suburban Station, giving locals quick access to Philadelphia International Airport.

Locals Love

  • Walkability
  • Public Transportation
  • Shopping
  • Nightlife and dining options

Locals Don't Love

  • Noise
  • Traffic
  • Cost of living
  • Parking

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