Lower Merion
Homes for sale in Lower Merion, PA
| LOWEST | AVERAGE | HIGHEST | |||
| $371,280 | $1,163,800 | $6,941,700 | |||
| LOWEST | AVERAGE | HIGHEST | |||
| $250.98 | $791.27 | $581.08 | |||
| NO. OF BEDS | NO. OF BATHS | SQ. FT. | |||
| 5 | 5 | 3,459 | |||
If you’re looking for a suburban gem with top colleges, high-end amenities, and plenty of historic charm, take a look at Lower Merion. Named one of the Best Places to Live in the U.S. by Money Magazine in 2021, the neighborhood nestled along the Pennsylvania Main Line is known for its “old money” districts and historic mansions.
From busy shopping hubs to quiet neighborhoods, Lower Merion has a little bit of everything. Let’s delve deeper into the Township’s history, lifestyle, and real estate market, so you can decide if it’s the right place for you.
Table of Contents:
Overview of Lower Merion, PA
Lower Merion Township, the largest municipality in Montgomery County, Pennsylvania, has grown from a small town of 50 people to a thriving township of over 63,000. With well-known schools, superb amenities, and undeniable historic charm, Lower Merion is a beautiful and desirable community for those seeking stability and tranquility in a well-established locale.
What’s near Lower Merion?
A suburb of Philadelphia, Lower Merion Township is only five miles from downtown Philly at its nearest point. Surrounding it are various communities, including Upper Merion, Radnor, and Haverford Townships. The Schuylkill River which bounds it to the east and some parts of the north, flows for over seven miles and offers beautiful views and places to play.
What it’s known for
Lower Merion is a township steeped in rich heritage and natural beauty. It’s known as one of the most affluent suburbs along the Pennsylvania Main Line.
You’ve also probably heard about two of its neighborhoods: Bryn Mawr and Ardmore. Prestigious and well-heeled, Bryn Mawr and Ardmore host historic mansions, top-ranking schools like Bryn Mawr College, and lively downtown areas where you’ll find everything from niche stores to up-and-coming restaurants and designer boutiques.
A brief history of Lower Merion Township
Lower Merion’s history is closely tied to its transportation networks. Over 12,000 years ago, the Lenape tribe – the area’s first settlers – used the Schuylkill River as their main mode of transportation.
Road construction only began in the 17th century with Dutch and Swedish settlers, which led to English occupation. William Penn’s “Holy Experiment” in 1681 attracted Welsh Quakers who praised the area’s resources and natural beauty, even comparing it to the Garden of Eden. Over time, the road network grew to accommodate more Quaker meetinghouses. Inns and villages sprang up along routes like the Lancaster Pike to serve travelers heading west.
The Pennsylvania Railroad revolutionized transportation in the early 19th century, replacing horse-drawn wagons with steam locomotives. In 1832, the railroad’s Philadelphia & Columbia Railway line opened, connecting the city to the countryside. The Pennsylvania Railroad replaced this line in 1857.
The Railroad was game-changing – it unlocked the region’s accessibility and natural beauty, making it a magnet for commuters and vacationers.
The Line was eventually transformed into a suburban community, with large farms converted to mansions and country homes.
The Lower Merion real estate scene
Stunning Old World architecture with lush, landscaped grounds are the hallmarks of Lower Merion. The market has enjoyed steady growth throughout the years, sustaining demand for homes in this charming historic neighborhood.
Most of the homes for sale in Lower Merion, PA are single-family dwellings, with a small number of twin homes (attached single-family homes) and several apartments and condominiums in the mix. New construction isn’t super common, but a discerning buyer can find it, at upper price points.
Architectural styles & property ageThe majority of homes in Lower Merion were built before 1960, the average year built being 1950. The only exceptions are in Gladwyne and College Park, but even then, most of the homes there were built between the 60s to 70s. This means plenty of properties have beautiful older architecture, drawing from Dutch Colonial, Tudor, Greek Revival, and Mediterranean styles.
If you have your eye on more modern properties, there are some homes that were built after 1990. And while this number is small compared to the area’s total housing stock, there is a spectrum of options to choose from. New construction homes are available, as well as properties built in the 2000s.
Also noteworthy is the Township’s high homeownership rate of 75%. But what does all of this say about the neighborhood?
First, Lower Merion’s diverse real estate market and stable economy make it the perfect place to put down roots and build a future. Its high homeownership rate points to its enduring appeal as a residential community, where people from all walks of life can find a place to call home.
Property features and amenitiesIf you’re looking for sophistication and convenience, few places in the region can beat Lower Merion. Homes for sale in Lower Merion, especially those at the higher end, come with expansive grounds and gorgeous architecture. Here are some of the special features you’ll find in a luxury home in Lower Merion:
Multiple floors
Half-acre to multi-acre lots
Meticulously landscaped gardens and lawns
Private tree-lined driveways
Multi-car garages
Private pool or jacuzzi
Gourmet kitchens
Soaring ceilings
Custom, high-end finishes
Bathrooms with spa-like amenities
Wynnewood – A beautiful blend of old and new, Wynnewood is a lush, tree-lined neighborhood at the edge of Lower Merion. Historic stone-front homes stand alongside apartments, condos, and townhouses. With a SEPTA Station just a short walk away, residents can easily commute to central Philadelphia in just over 20 minutes.
Ardmore – Ardmore, one of Lower Merion’s most iconic neighborhoods, straddles two townships but is a gem in its own right. Home to Suburban Square, Ardmore Music Hall, and a lineup of trendy restaurants, Ardmore is a vibrant cultural hub. Here, you’ll find plenty of single-family homes as well as twins and rowhomes.
Merion/Merion Station – Merion Station is a well-to-do, neighborly, and established town in Lower Merion, and also one of its oldest neighborhoods. This Old World charm can be seen through the area’s real estate with many of the homes being single-family properties with Tudor architecture. It’s also quite nature-dense, with many walking trails, outdoor playgrounds, and a botanical garden.
Gladwyne – If you’re looking for big homes with even bigger grounds, homes in Gladwyne are perfect. Properties in this area have large lots, making it a top choice for buyers looking for an equestrian home, lots of privacy, or both. Nearby attractions include the Bridlewild Horse Trails, Riverbend Nature Center, and Philadelphia Country Club.
Bryn Mawr – Home to the highly-rated women’s college, Bryn Mawr is one of the most desirable neighborhoods in the Township. The area has plenty of stone-front homes and sprawling 19th-century mansions, as well as twins and rowhomes, giving the town a historic charm. You’ll also find plenty of pedestrian-friendly apartment complexes and condominiums.
Bala Cynwyd – Nature, heritage, and modern amenities meet in Bala Cynwyd, the first suburb on the Main Line and the closest commute to Philly. Its real estate is diverse – you’ll find everything from colonial homes and split-level houses to new construction properties. The residential area is also home to two popular neighborhoods, College Park and Belmont Hills.
Life in Lower Merion, PA
Cost of living
Lower Merion is an affluent community and one of the wealthiest in Montgomery County. It’s no surprise that the cost of living here is about 14% higher than the national average.
Homes for sale in Lower Merion, PA are estimated to be 26% higher than the national average.
Energy and food in Lower Merion are actually more affordable compared to national estimates, but transportation here is slightly more expensive than average. Healthcare is about 11% more costly.
Data shows that Lower Merion has a significantly higher median household income compared to the County. In 2017 to 2021, Lower Merion’s median household income was around $148,720 compared to $99,360 for Montgomery County. Bear in mind that the state average is $67,580.
Lifestyle and community feel
So, why is Lower Merion still so in-demand? Residents of Lower Merion enjoy a well-rounded lifestyle with access to some of Pennsylvania’s most prized attractions.
Serene streets lined with historic buildings and a fascinating cultural scene make living in the Township a unique and enriching experience. The Harriton House and the Bryn Mawr Film Institute are just a few of the many cultural institutions that Lower Merion has to offer. Hiking trails, nature parks, and playgrounds are readily available for outdoor recreation. And for those looking for a trip to the city, Philadelphia is only a few minutes away.
Education
Education is a big draw of living in Lower Merion. One of the first public schools in the country, Lower Merion Academy, was established here in 1813. Today, the Township is served by the Lower Merion School District, under which are two Blue Ribbon-awarded and nationally ranked high schools. Some of the acclaimed schools include:
Parents also have the option to send their children to private schools. Nearby are The Shipley School, a college-preparatory school in Bryn Mawr; The Baldwin School, a highly-rated all-girls institution; and The Haverford School, an all-boys school accommodating students from Kindergarten through twelfth grade.
Shopping and dining
Suburban Square, a modern shopping center, has been serving the community since 1928. It was one of the first shopping centers in the United States and continues to be a popular destination for shoppers and diners alike. The award-winning development offers a pedestrian-friendly shopping experience with beautifully landscaped grounds and easy access to public transit/SEPTA.
Lower Merion’s main commercial corridor Lancaster Avenue, is a pedestrian-friendly, eclectic mix of businesses, shops, restaurants, and community events. City Avenue is another shopping destination. Both are easily accessible by Interstate 76, Route 30, and SEPTA, allowing locals and visitors from other parts of Philadelphia to explore the best of what Lower Merion has to offer.
For great food, you won’t have to look far. Top choices include:
Rosa Mexicano – This beloved eatery has a prime location in Ardmore, where locals can enjoy delicious Mexican fare and specialty cocktails.
Veekoo – Specializing in Chinese and Asian Fusion, Veekoo serves up a seasonal menu made using fresh, local ingredients, including sushi platters, specialty rolls, and chicken-based dishes.
La Collina Restaurant – This upscale and long-standing Italian ristorante is a must-try if you’re in the mood for fine dining, mouthwatering pastas, and gorgeous views.
DePaul’s Table – Prime chops and market-fresh seafood are the stars at DePaul’s Table, a contemporary Italian Steakhouse in Ardmore.
Parks and green spaces
Lower Merion is home to acres upon acres of green spaces and lush hiking trails for residents and visitors to explore. Local facilities include the Ardmore Avenue Community Center, where you can sweat it out at the gym, play games in the game room, or check out books from the library. Bala Avenue Park is a great place to take the kids or play a game of pickleball, while Bryn Mawr Community Center offers tennis courts and a beautiful perennial garden.
Most neighborhoods are located close to parks, which offer a variety of sports courts, baseball fields, tot lots, and access to hiking trails. If you’re in the mood to explore challenging terrain or take your dog out for a walk, some of the best spots in town are:
Cynwyd Heritage Trail (3.6 miles, out-and-back)
Bridlewild Trail (1.3 miles, loop)
Rolling Hills Creek Trail (1.4 miles, loop)
Lincoln Drive Trail (2.5 miles, out-and-back)
Harriton House – Built in 1704, Harriton House is a restored historic landmark located on 500 Harriton Road. Initially the home of Welsh Quakers, it’s most widely known as the former residence of Charles Thomson, the Secretary to the Continental and Confederation Congresses. Today, the building offers educational programs and tours that explore the history of the house and the neighborhood.
Bryn Mawr Film Institute – Bryn Mawr Film Institute is a non-profit, independent film venue located inside one of Bryn Mawr’s historic buildings. The cinema screens both classic and new film releases, as well as recordings of musicals and live plays. BMFI also offers a top film education with over 40 classes yearly.
Ardmore Music Hall – Formerly 23 East Cabaret and Brownies 23 East, Ardmore Music Hall is an intimate, independent music venue located at 23 East Lancaster Avenue. The beloved venue has seen plenty of world-class acts grace its stage, including Rolling Stones, Red Hot Chili Peppers, and Hootie & the Blowfish.
Explore homes for sale in Lower Merion, PA with Rebecca Diamond
Experience counts, and Rebecca brings over two decades of real estate expertise to every client relationship.
A Master Certified Negotiation Expert and former paralegal, Rebecca brings a unique perspective and winning approach to helping her clients achieve their real estate goals. She’s received consistent nominations for Philadelphia Magazine’s Five Star Realtor Award and is also among the top 7% of Realtors in Delaware Valley.
Enjoy a seamless home-buying experience. Work with Rebecca Diamond today! Reach us at 610.246.0006 or through our website.
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