By Josh McKnight | The McKnight Team
Newtown Square is getting a closer look from developers. Newtown Township supervisors held a conditional use hearing this month on a proposal to redevelop 16 acres on Campus Boulevard into a 242-unit, age-restricted community. The plan, brought by Campus Eleven Associates LP, calls for tearing down three existing office buildings totaling 150,000 square feet and replacing them with 192 apartments and 50 townhomes, plus a clubhouse and covered parking. A decision from supervisors was expected by April 27.
This is not just a story about one development. It reflects a larger shift happening across Delaware County’s housing market, and it has real implications for anyone buying or selling in Newtown Square.
Why This Development Matters Beyond the Headlines
The conversion of underused office space into housing is a pattern playing out across suburban Philadelphia. Post-pandemic, office occupancy in suburban markets has not fully recovered. Developers are looking at those buildings and seeing residential opportunity instead. Campus Boulevard is a business corridor, and this proposal is essentially betting that residential demand is stronger than commercial demand on that site right now.
That bet is not a bad one. Delaware County’s housing market has shown consistent demand. According to Redfin, the median sold price in Delaware County reached $330,000 in February 2026, up 3.8% year over year. Inventory remains constrained. Adding 242 units aimed at buyers 55 and older does not dramatically change the overall supply picture, but it does create a new option for a specific and growing segment of the market.
Active adult buyers are a significant force right now. Many are empty nesters sitting on appreciated home equity who want to downsize without leaving the area they have lived in for decades. A well-designed 55-plus community in Newtown Square gives those buyers a reason to stay in Delaware County rather than moving out of state. That is good for the broader market because it frees up family-sized inventory when those sellers list.
What It Means for Buyers and Sellers in Newtown Square
Newtown Square is one of the more desirable communities in Delaware County. Homes here are priced well above the county median. Listings on Campus Boulevard and surrounding roads along the Route 3 corridor tend to attract buyers who want established neighborhoods with easy access to the Main Line, Philadelphia, and the airport.
Adding a 55-plus community to this corridor could do a few things. It brings more year-round residents to an area that skews toward larger single-family homes, which supports local retail and services. It also signals continued investment in Newtown Township as a place where developers see long-term value. That confidence tends to be reflected in home prices over time.
If you are a seller in Newtown Square, this is a good reminder that the market is active and that buyer demand in Delaware County is real. If you are a buyer, particularly one in the 55-plus range looking at Delaware County homes for sale, this proposal is worth following. The Marple Newtown School District serves the broader Newtown Square area, and the township’s combination of open space, established infrastructure, and access to major routes continues to draw buyers at multiple life stages. For current listings and community information, visit the Delaware County section of TheMcKnightTeam.com.
What This Means for You
The Newtown Square proposal is a signal, not just a news item. It tells you that developers see sustained demand in this part of Delaware County. For buyers who have been watching and waiting, this is the kind of context that should push you toward action rather than patience. For sellers, if you are in the 55-plus age range and this type of community appeals to you, now is the time to get an accurate read on what your home is worth. You may have more equity than you think, and you may have more options than you realize.
The McKnight Team works across Delaware County and the broader Philadelphia suburbs. We know these markets and we stay close to the developments shaping them. Visit TheMcKnightTeam.com to learn more or connect with our team directly. Thinking about buying or selling in Newtown Square or Delaware County? Let’s talk.
Frequently Asked Questions About Newtown Square Real Estate
What is the housing market like in Newtown Square right now?
Newtown Square sits above the Delaware County median in terms of price. The county overall saw a median sold price of $330,000 in February 2026, according to Redfin, but Newtown Square homes tend to trade significantly higher due to lot sizes, home condition, and location. Homes that are priced correctly are still moving relatively quickly in this market.
What is a 55-plus or age-restricted community?
A 55-plus community, sometimes called an active adult community, requires that at least one resident in each home be 55 years of age or older. These communities often include amenities like clubhouses, maintenance services, and social programming aimed at that age group. They are not income-restricted or subsidized housing. Prices vary widely depending on the community and market.
Will this development affect traffic and parking in the Campus Boulevard area?
The project includes covered parking and was described by the land planner as not particularly dense given the 16-acre site and three-story maximum height. The township supervisors will evaluate traffic impacts as part of the conditional use approval process. Buyers considering homes near Campus Boulevard should monitor the outcome of that decision.
How long does it take to sell a home in Newtown Township, Delaware County?
It depends on price point and condition. In the broader Delaware County market, the average days on market was 48 days in February 2026 per Redfin. In desirable pockets of Newtown Square, well-priced homes can go under contract faster. Homes that need work or that are overpriced are sitting longer in the current market.
Is now a good time to sell a home in Newtown Square?
If you are thinking about downsizing or relocating, the answer is worth exploring carefully. Equity levels in Newtown Square are strong, and buyer demand for well-maintained homes in this area remains active. The right answer depends on your specific home, your timeline, and where you plan to go next. That is exactly the conversation we have with sellers every week.
Source: Daily Times; 4/17/2026
