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What income do you need to buy in Grays Ferry?
About $68,000 a year to buy the typical Grays Ferry home, which sells for about $190,000.
- Typical sale price
- $190,000Median of 137 sales in the past 12 months
- Income needed
- $68,000A year, before taxes
- Cash needed up front
- $27,00010% 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 | $1,194 |
|---|---|
| Property tax | $222 |
| Insurance | $79 |
| Mortgage insurance | $71 |
| Total a month | $1,566 |
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 2.6% 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 | $180,000 | 42 |
| Q2 2025 | $210,000 | 73 |
| Q3 2025 | $199,938 | 60 |
| Q4 2025 | $230,000 | 45 |
| Q1 2026 | $190,000 | 43 |
| Q2 2026 | $197,500 | 44 |
| Q3 2026 | $143,750 | 18 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Bartram Village $107,000
- Southwest Schuylkill $121,000
Pricier nearby
- West Passyunk $216,000
- Point Breeze $327,000
- Graduate Hospital $610,000
Questions about buying in Grays Ferry
What income do you need to buy a home in Grays Ferry?
About $68,000 a year for the typical Grays Ferry price of $190,000, 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 Grays Ferry?
About $27,000 up front at the typical price: 10% down ($19,000), your share of the transfer tax ($4,349) and closing costs ($3,800).
What does a typical home in Grays Ferry cost per month?
A typical Grays Ferry home costs about $1,566 a month all in: principal and interest $1,194, property tax $222, insurance $79, mortgage insurance $71. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 137 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.