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Mortgages in Radnor and Wayne

Wayne's center was laid out as a subdivision in 1880 and three of its districts are on the National Register. Here is the sold median, the transfer tax that runs half a point higher here, and where the loan limits sit.

In numbers: Wayne sold median, July 2026 $975,000, 69 sales, 24 days (Movoto)Realty transfer tax 2.5% total, 1.5% to Radnor TownshipRadnor Township SD 2026-27 16.3263 mills, up 3.36%Conforming limit, one unit $832,750 for 2026 (FHFA)

A suburb that was sold as a product

Wayne’s center started as the Louella estate, 293 acres belonging to a banker named J.H. Askin. In 1880 A.J. Drexel and G.W. Childs bought it and built the Wayne Estate, one of the first suburban developments in the country, advertised on the promise of water, light and drainage, which they called the three great conveniences of a large city. That pitch is still legible in the street layout.

Three districts here are on the National Register: North Wayne, listed July 25, 1985, Downtown Wayne, listed September 5, 2012, and South Wayne. The stone singles and the big Victorian frames in those districts are the houses people picture when they say Wayne, and they come with the maintenance list you would expect from a house that predates the electrical code. Slate and cedar roofs, plaster, old service panels, chimneys, sometimes knob-and-tube tucked in the walls.

None of that stops a loan by itself. It’s fine, it’s fixable. It does mean the appraisal and the insurance quote deserve attention early, and the inspection here is a budgeting exercise. What the appraiser writes up on an old house is the same short list everywhere in the county.

Radnor Township is the fourth-largest municipality in Delaware County, about 31,875 residents in 2019, and takes in Wayne, St. Davids, Villanova, Rosemont, Ithan, Garrett Hill and part of Bryn Mawr. Villanova University is the largest employer at 3,438 staff.

Radnor doesn’t hand you a resale certificate

This is the local surprise, and it runs the other way from most of Delco. Radnor doesn’t issue a resale certificate the way most towns here do. It charges a real-estate transfer fee, requires an interior sewer inspection under Ordinance 2008-11, and wants a notarized smoke and carbon monoxide certification, per the Suburban Realtors Alliance municipal database entry dated February 5, 2026.

Call the township for the current fee and lead time. The sewer inspection is the piece with a contractor’s calendar attached to it, so book that first and the rest follows. How this works elsewhere in the county is worth a read if you’re shopping across the township line.

The price, and the two lines above it

Sixty-nine houses closed in Wayne in July 2026. The middle one went for $975,000, and the typical one took 24 days to get to a contract, eight days slower than the same month in 2025 (Movoto).

Two federal numbers sit under that. The 2026 FHA limit for a one-unit house in Delaware County is $630,200. The 2026 conforming limit is $832,750. A median Wayne house financed with a normal down payment lands above both. That puts the loan in jumbo territory, where the lender sets the down payment, the credit standards and the reserve requirements on its own guidelines. Sometimes a larger down payment pulls the loan back under the conforming line and changes the whole structure. Have that conversation before you write the offer.

Transfer tax, and the rest of the closing statement

This is the number people miss. Radnor Township charges 1.5% realty transfer tax where most of Delaware County charges 1%. With the state’s 1% on top, the total here is 2.5%, confirmed on the county Recorder of Deeds page. On a $975,000 sale that’s $24,375, customarily split, so about $12,187 each side.

Radnor Township School District set 16.3263 mills for 2026-27, up from 15.7965, a 3.36% increase approved in May 2026. Bills go out on or before July 1, with the 2% discount through August 31, face value through October 31, and a 10% penalty running November 1 to February 15, 2027. The homestead exclusion knocks $30,636 off the taxable assessment, and you apply for it through the district during the December 15 to March 1 window.

The county is at 4.6090 mills for 2026. Radnor’s own municipal millage isn’t posted on a primary source you can check today, so ask for that line with the parcel and take nobody’s estimate for it.

One more. Delaware County’s Homeownership First program lists Radnor among its eligible communities, and the county’s 2026 summary caps the sale price at $290,000. On this market that’s closer to a rounding error than a program.

The creeks

Darby, Little Darby, Ithan, Meadowbrook Run and Gulph creeks all run through the township, and Darby Creek in particular has a long flood history downstream. Pull the FEMA map on anything near water before you commit, and get the flood quote while you’ve still got a contingency.

Trains, and what opened in August

The Paoli/Thorndale Line stops at Wayne, St. Davids, Radnor, Villanova and Rosemont. Wayne station was built in 1882 to 1884, went on the National Register in 1999, and has been through a $22.7 million second-phase rebuild covering roof, masonry and accessibility. The Norristown High Speed Line adds seven stops inside the township. Bridgeport Viaduct repairs on that line run in three phases from March 2026 to February 2027, so build a little patience into the schedule.

Locally, Villanova opened its Cabrini Campus on August 24, 2026: 112 acres two miles from the main campus, more than $100 million, six residence halls and about 900 resident students, on ground Cabrini University left in May 2024. The Wayne Art Center at 413 Maplewood Avenue runs its faculty and fall members exhibitions September 8 through October 3, 2026, and CraftForms opens December 6.

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Answers, before you call

Why is transfer tax higher in Radnor?

Radnor Township levies 1.5% instead of the usual 1%, and the state's 1% sits on top, so the total is 2.5%. The county Recorder of Deeds lists Radnor as one of the few municipalities that deviate. On a $975,000 sale that is $24,375 in total, and by custom the buyer and seller each carry half. Full breakdown by municipality here.

What is the school tax rate and when is it due?

Radnor Township School District set 16.3263 mills for 2026-27, up from 15.7965, a 3.36% increase. Bills go out on or before July 1, 2026, with a 2% discount through August 31, face value through October 31, and a 10% penalty from November 1 to February 15, 2027. The homestead exclusion reduces the taxable assessment by $30,636.

Will my loan be a jumbo?

Often. The 2026 conforming limit for a one-unit house is $832,750, the FHA limit in Delaware County is $630,200, and Wayne's July sold median was $975,000. Above the conforming line, expect a bigger down payment, tighter credit standards and reserve requirements set by the lender. A larger down payment sometimes brings the loan back under the line.

Does a Wayne address mean I am in Delaware County?

Not necessarily. The 19087 ZIP spills into Tredyffrin Township in Chester County and Upper Merion Township in Montgomery County, and covers Strafford, St. Davids and Chesterbrook. The school district, the municipal tax line and the transfer tax all change at the township boundary, so confirm the municipality on the parcel before you compare anything.

Which stations serve Radnor Township?

Wayne, St. Davids, Radnor, Villanova and Rosemont on the Paoli/Thorndale Line, plus seven stops on the Norristown High Speed Line: Bryn Mawr South, Roberts Road, Garrett Hill, Stadium, Villanova South, Radnor South and County Line. Radnor station at 291 King of Prussia Road has 220 parking spaces.

One call, that's it

Say the address and the price. A licensed Pennsylvania lender calls you back, usually the same business day, with the extra half point of transfer tax and the jumbo line both on the same page. That's five minutes, and nothing on it touches your credit.

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