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What income do you need to buy in Academy Gardens?
About $116,000 a year to buy the typical Academy Gardens home, which sells for about $326,000.
- Typical sale price
- $326,000Median of 28 sales in the past 12 months
- Income needed
- $116,000A year, before taxes
- Cash needed up front
- $47,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $2,049 |
|---|---|
| Property tax | $374 |
| Insurance | $136 |
| Mortgage insurance | $122 |
| Total a month | $2,681 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Down 5.4% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $365,000 | 9 |
| Q2 2025 | $344,500 | 8 |
| Q3 2025 | $370,000 | 11 |
| Q4 2025 | $280,000 | 9 |
| Q1 2026 | $320,000 | 5 |
| Q2 2026 | $322,250 | 12 |
| Q3 2026 | $337,500 | 6 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Aston-Woodbridge $323,000
- Pennypack Woods $315,000
- Torresdale $273,000
Pricier nearby
- Morrell Park $330,000
- Pennypack $327,000
- Winchester Park $360,000
Questions about buying in Academy Gardens
What income do you need to buy a home in Academy Gardens?
About $116,000 a year for the typical Academy Gardens price of $326,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Academy Gardens?
About $47,000 up front at the typical price: 10% down ($33,000), your share of the transfer tax ($7,462) and closing costs ($6,520).
What does a typical home in Academy Gardens cost per month?
A typical Academy Gardens home costs about $2,681 a month all in: principal and interest $2,049, property tax $374, insurance $136, mortgage insurance $122. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 28 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.