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Explore Fordham Neighborhood in New York City

Real Estate New Developments

General Information

Fordham is a lively neighborhood located in the northwest Bronx, known for its rich history, cultural diversity, and central location. Home to Fordham University, one of the area’s major landmarks, the neighborhood has a strong academic presence, which contributes to its vibrant atmosphere. Fordham offers a mix of urban and suburban elements, with tree-lined streets, parks, and easy access to public transportation, including the 4, B, and D subway lines. The neighborhood is well-connected to other parts of the Bronx and Manhattan, making it an ideal place for those seeking a balance between city living and a more residential environment.

Real Estate Information

The real estate market in Fordham is diverse, offering a range of housing options from pre-war buildings and single-family homes to modern apartments and co-ops. The neighborhood is known for its affordability compared to other parts of the Bronx and Manhattan, attracting a variety of residents, including students, families, and working professionals. With the proximity to Fordham University, many rental properties cater to students and university staff, while there are also plenty of options for long-term residents. As development continues in the area, especially with the expansion of nearby shopping centers and cultural institutions, property values are expected to rise, making it an attractive location for both renters and buyers.

Historical/Interesting Facts

Fordham has a deep historical legacy, dating back to the early 19th century when it was primarily farmland. The neighborhood's development accelerated with the construction of the Fordham Road, which connected it to other parts of the Bronx and Manhattan. Fordham University, founded in 1841, has played a significant role in shaping the neighborhood, bringing educational and cultural prestige to the area. The area also saw significant residential growth in the late 19th and early 20th centuries as New York City's population expanded. Today, Fordham retains much of its historical charm while embracing modern development, reflecting its status as a dynamic, evolving community.

Properties Statistics

Total Properties

9

Median Asking

$165,875

Sale Price/ft²

$191.82

Average Days on Market

319 days

Average Home Size

864 ft²

Average Home Age

2 years

Based on results from 9 properties

Buildings in this Sector

FAQ about Fordham