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What income do you need to buy in Washington Square West?
About $179,000 a year to buy the typical Washington Square West home, which sells for about $505,000.
- Typical sale price
- $505,000Median of 87 sales in the past 12 months
- Income needed
- $179,000A year, before taxes
- Cash needed up front
- $72,00010% 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 | $3,175 |
|---|---|
| Property tax | $597 |
| Insurance | $210 |
| Mortgage insurance | $189 |
| Total a month | $4,171 |
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
Up 11% 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 | $530,000 | 36 |
| Q2 2025 | $445,000 | 57 |
| Q3 2025 | $500,000 | 37 |
| Q4 2025 | $502,500 | 36 |
| Q1 2026 | $439,000 | 21 |
| Q2 2026 | $675,000 | 31 |
| Q3 2026 | $430,000 | 9 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Passyunk Square $445,000
- Callowhill $287,000
Pricier nearby
- Hawthorne $650,000
- Rittenhouse $645,000
- Bella Vista $525,000
Questions about buying in Washington Square West
What income do you need to buy a home in Washington Square West?
About $179,000 a year for the typical Washington Square West price of $505,000, 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 Washington Square West?
About $72,000 up front at the typical price: 10% down ($51,000), your share of the transfer tax ($11,559) and closing costs ($10,100).
What does a typical home in Washington Square West cost per month?
A typical Washington Square West home costs about $4,171 a month all in: principal and interest $3,175, property tax $597, insurance $210, mortgage insurance $189. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 87 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.