Gladwyne Real Estate & Homes for Sale
Gladwyne may lack its own stop on the train line, but the real estate in this community is very sought-after on the Main Line. In a recent survey, Gladwyne was ranked as the third richest town in the U.S. An easy commute from Philadelphia by car, the community has been popular for non-rail commuters for many years. Many of its older, more modest homes were torn down around 2011 in order to build larger homes on their desirable lots.
Gladwyne was the first town in Lower Merion. Settled by Quakers in 1692, the town was originally named Merion Square and was located where the modern Richter’s Mill and Youngsford meet. Mill Creek, which once had more than twenty mills along its length, runs through the town. Mills included saw, paper, oil, cotton and more until a flood occurred in 1894 that destroyed many of them and devastated the mill industry. When the Civil War ended and the train line was built, the town became more accessible and more popular with Philadelphians.
The little village of Gladwyne has a “home town” quality, with its fire station, churches and historic Guard House tavern. The Gladwyne free library offers personal service in a historic building that is now ADA compliant with an elevator. These features make up the heart of the town and many areas of the community are walkable. In 1980, the historic district was added to the National Register of Historic Places.
Gladwyne has more to offer than its historical treasures. The town has a park that features badminton, baseball, basketball, soccer, softball, tennis courts, volleyball, picnic tables, a children’s playground, and grills.
The population of Gladwyne is 5,059 and most of them are white collar workers. The affluent town’s real estate is expensive, one of the higher ranked, by cost, communities in the country with an average home price of $909,112. About 40% of households make over $200,000 with a median family income of $211,300.
Gladwyne’s public and private schools in the Lower Merion district rank as some of the best in the state. In 2015, Niche ranked all six district elementary schools as some or the “Best Public Elementary Schools in Pennsylvania” based on parent and student reviews.
If you are looking for an upscale community with historic charm and excellent schools, real estate in Gladwyne, PA may be just right for you. To get more information about the area or buying a home, call Sage Realty today. We have dedicated buyer agents who are experts at finding the right home for your needs.