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Merion Station, PA

Full City Profile · Pennsylvania · Philadelphia County County

3.9 /5.0
B+ Good
5,796 Population 4,358/sq mi density
$250,001 Median Income $113,467 per capita
$875,500 Home Value $1,061,644 Zillow
$2,395 Median Rent 19.2% income on rent
55°F Avg Temperature 271 sunny days/yr
70 Violent Crime/100K 326 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 2.3% unemployment
A+
Affordability
4.7 / 5.0
$875,500 home value, $2,395/mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
A+
Education
5.0 / 5.0
85.3% bachelor's degree or higher

Housing Overview

Median Home Value
$875,500
211% above
US avg: $281,900
Median Rent
$2,395/mo
106% above
US avg: $1,163/mo
Homeownership Rate
90.3%
38% above US avg (65.4%)
Total Housing Units
1,901
Median year built: 1938

Home Value by Source

Census Median
$875,500
Zillow (ZHVI)
$1,061,644
Median Sale Price
$1,200,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.3%
Owner-Occupied
9.7%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $2,395/mo

Market Indicators (Redfin)

Median Days on Market
51 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$351
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
19.2%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
90.3%

Complete Housing Data

Home Values

Census Median Value$875,500
Zillow Home Value (ZHVI)$1,061,644
Median Sale Price$1,200,000
Price Per Sq Ft$351

Rent

Census Median Rent$2,395
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market51
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$351

Ownership & Stock

Owner-Occupied90.3%
Renter-Occupied9.7%
Homeownership Rate90.3%
Total Housing Units1,901
Median Year Built1938
Rent Burden19.2%