Rittenhouse Square is an historic neighborhood in Philadelphia, Pennsylvania, located around Rittenhouse Square Park. Rittenhouse Square neighborhood is well known for its high-end shops, restaurants, and cultural institutions, as well as its historic architecture. It is one of the most desirable and elite neighborhoods in the city of Philadelphia. Rittenhouse Square Park is located in the heart of the neighborhood and is a popular gathering place for locals and visitors to enjoy artistic sculptures, relaxing fountains, and lively street performances.
Rittenhouse Square Real Estate Market
The real estate market in Rittenhouse is considered to be very stable and competitive, with strong demand for properties from local and international buyers. The neighborhood is known for its exceptional properties, including luxury condos and distinguished townhouses, as well as a limited number of single-family homes. Prices for properties in Rittenhouse Square are among the highest in the city, and have been steadily increasing in recent years. The neighborhood is very popular with locals and visitors, who are drawn to the prime location, premium amenities, and proximity to cultural institutions and green spaces.
The median home value in Rittenhouse Square is around $1.2 million, although prices can vary depending on the size and location of the property. Condos and townhouses in Rittenhouse Square can sell for anywhere from $500,000 to several million dollars. Prices for luxury condos and townhouses tend to be higher than for single-family homes. However, due to the high demand, property values are expected to continue to rise in the future. *Please note that these numbers are approximate and should be taken as a general indication, as the property values may fluctuate based on the market conditions. Always consult with a licensed local REALTOR for information on the current real estate market.
Loved by Locals in Rittenhouse Square, Philadelphia
- The Rittenhouse Hotel – a luxury hotel located on the west side of the square, which offers a spa, fitness center, and fine dining.
- The Rittenhouse Square Condos – a luxury condominium building located on the east side of the square.
- The Philadelphia Museum of Art – one of the largest art museums in the United States, located a few blocks north of the square.
- The Rittenhouse Plaza – a residential high-rise building located on the south side of the square.
- The Curtis Institute of Music – a private conservatory located on the east side of the square, which is known for its world-class music programs and concerts.
- The Rittenhouse Row – a shopping and dining destination on Walnut St that includes many boutiques and restaurants.
- The Fitler Club – a private social club and hotel located on the west side of the square.
Rittenhouse Square Popular Tourist Attractions
- Rittenhouse Square Park – a beautiful urban park in the heart of Center City Philadelphia.
- Philadelphia Museum of Art – one of the largest art museums in the United States, located a few blocks north of the square. It’s known for its vast collection of American and European art, including works by famous artists like Monet, Cezanne, and van Gogh.
- The Reading Terminal Market – one of the oldest and largest public markets in the country, located a short walk from Rittenhouse Square. It’s a great place to find fresh produce, baked goods, and local specialties.
- The Rittenhouse Row – a shopping and dining destination on Walnut St that includes many boutiques and restaurants. It’s a great place to find unique and trendy fashion, home decor, and gifts.
- Philadelphia City Hall – the largest municipal building in the United States, located a few blocks from Rittenhouse Square. It offers great views of the city from the observation deck
Rittenhouse Square Historic Buildings and Architecture
- The Dorrance H. Hamilton Building – a historic building located on the north side of the square. The Chemical Heritage Foundation offices are located in the Dorrance.
- The Philadelphian – a residential building located on the west side of the square and one of the city’s most notable examples of International-style architecture.
- The Rittenhouse-Claridge – a residential building located on the east side of the square, originally built in the 1920s.
- The Philadelphia Club – a historic social club located on the south side of the square, founded in 1834.
- The Rittenhouse – a luxury apartment building located on the west side of the square, originally built in the 1920s
- The Rittenhouse Townhouses – a group of townhouses located on the west side of the square, built in the late 19th century.
- The Belmont Mansion – a historic mansion located on the west side of the square, built in the 1700s.