The story of this market
The typical home in ZIP 19002 sells for about $750,000, or $285 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,920 a month.
ZIP 19002 — Ambler
The 19002 housing market remains resilient with high buyer demand and limited inventory, driving steady price appreciation. While the market is competitive, the pace of sales has normalized compared to previous years, reflecting a balanced but tight supply environment.
This ZIP is ideal for family buyers seeking high-quality schools and professionals who value a suburban lifestyle with convenient rail access to Philadelphia.
Median prices moved up 4.2% year over year.
Homes spend a median of 22 days on market with 2.1 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 3.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19002, Montgomery County PA
Crime rates in the Ambler area are generally low, with the community consistently ranking as safer than the majority of Pennsylvania municipalities.
The area is served by highly-rated public school districts, including Wissahickon School District, which is frequently recognized for academic excellence and strong college readiness metrics.
The region faces moderate risk from localized flooding near water bodies and standard wind/storm exposure typical of the Mid-Atlantic, with insurance markets remaining stable.
Economic momentum is driven by proximity to the Philadelphia employment core and a robust mix of healthcare, pharmaceutical, and professional service employers in Montgomery County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Pennsylvania) — Homestead/Farmstead Exclusion: Formula: (Assessed Value - Exclusion Amount) × Tax Rate = Tax Owed. Exclusion amount varies by school district and county. State (Pennsylvania) — Property Tax Assessment: Tax = Assessed Value × Local Millage Rate (1 mill = $1 per $1,000 of assessed value).
Residents benefit from access to the SEPTA regional rail line in Ambler, providing a direct transit link to Center City Philadelphia, while major highways like the PA Turnpike and Route 309 facilitate regional driving commutes.
The area features extensive green space including Wissahickon Valley Park trails, local community parks, and proximity to several golf courses and the historic Ambler Theater district.
The rental market is characterized by low vacancy rates and steady demand, though investors must account for higher entry price points and localized management requirements.
The local economy is anchored by a diverse mix of healthcare, education, and professional services, with significant employment hubs in nearby Blue Bell and Fort Washington.
The area is well-served by the SEPTA Lansdale/Doylestown Line and major arterial roads including Route 309 and the Pennsylvania Turnpike.
Development is largely constrained by existing density, with current planning focused on transit-oriented residential infill and commercial revitalization.
Montgomery County utilizes a base-year assessment system for property tax purposes.
Parcels are subject to school district taxes, municipal taxes, and county taxes, with no significant MUD/PID structures common in this region.
Property insurance markets are stable, though premiums reflect regional exposure to storm-related risks.
Data retrieved from US Census Bureau ACS 5-year estimates and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Extensive trail network and natural areas.
Historic independent cinema and cultural anchor.
Private club located within the ZIP.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).