The story of this market
The typical home in ZIP 19035 sells for about $1,560,000, or $460 per square foot.
Prices are down 31.1% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,501 a month.
ZIP 19035 — Gladwyne
The 19035 housing market is currently experiencing a significant correction, with median prices down 31.1% year-over-year. Inventory remains extremely tight with only 12 active listings, and the market is characterized by high-end, low-volume transactions. Many specific metrics, such as rental rates and precise tax data, are not currently published at the ZIP level.
This ZIP is ideal for affluent families and professionals seeking large, private estates in a quiet, prestigious community with top-tier schools and easy access to Philadelphia.
Median prices moved down 31.1% year over year.
Homes spend a median of 68 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 0.8% — a stable, low-distress profile.
ZCTA 19035
The area is served by the highly-rated Lower Merion School District, known for its strong academic performance and extensive extracurricular offerings.
Gladwyne is a mature, affluent residential community with limited new development; economic momentum is driven by its proximity to the Philadelphia employment core and the Main Line's corporate hubs.
Property taxes are assessed at the county and local municipal levels in Montgomery County, with additional levies for the Lower Merion School District.
Residents typically commute to Philadelphia or nearby Main Line business centers via the Schuylkill Expressway (I-76) or regional rail lines.
The area features access to the Schuylkill River, local nature preserves like the Gladwyne Park, and proximity to high-end shopping and dining in nearby Ardmore and Bryn Mawr.
The rental market is limited and primarily consists of high-end single-family homes, with very low vacancy pressure due to the area's exclusivity.
The local economy is anchored by the broader Philadelphia metropolitan area, with significant employment in education, healthcare, and professional services along the Main Line.
The area is primarily car-dependent, with access to I-76 and regional rail stations in neighboring communities providing transit to Center City Philadelphia.
Development is largely restricted to residential renovations and custom builds due to the area's established, low-density character.
Montgomery County utilizes a county-wide assessment system to determine property values for tax purposes.
Parcels are subject to Montgomery County, Lower Merion Township, and Lower Merion School District tax levies.
Data retrieved from Census Reporter profile for ZCTA 19035.
A local community park providing green space and recreational facilities.
A major regional trail system offering extensive walking and cycling paths along the river.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).