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Short Sale Listings in Cheltenham, PA 19038

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Cheltenham, PA Foreclosures

How much do homes sell for in Cheltenham, PA?
The average home price is currently $401,093.
In Cheltenham, PA, how many homes are available?
There are currently 41 active home listings available in Cheltenham.
What’s the average rental cost in Cheltenham, PA?
The average rental price in Cheltenham is $1,745.
What is the most expensive home in Cheltenham?
The most expensive home sold in Cheltenham had a price of $892,000.
What is currently the cheapest priced home in Cheltenham, PA?
The cheapest home for sale in Cheltenham is priced at $165,800.

Living in Cheltenham, PA

Cheltenham, Pennsylvania is a suburban community located just outside of Philadelphia. It boasts a mix of charming residential neighborhoods, excellent schools, and convenient access to urban amenities. Residents enjoy a vibrant local culture with plenty of parks, restaurants, and shops, making it a family-friendly place to live.

Current Market Conditions in Cheltenham, PA

The Cheltenham real estate market is experiencing steady growth, characterized by a strong demand for homes due to its desirable location and quality of life. Buyers appreciate the area for its excellent schools and family-friendly environment, keeping property values on the rise.

Recent trends indicate an increase in median home prices as more families seek to buy in this community. Inventory levels have remained relatively low, creating competitive conditions for buyers.

Investors are taking notice, leading to a rise in projects aimed at improving or adding value to properties in the area. This has resulted in a more robust real estate market, with many homes selling above asking price.

Home Value Estimator For Cheltenham, PA

There are currently 2,138 real estate properties in Cheltenham, PA, with a median automated valuation model (AVM) price of $397,207.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cheltenham, PA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cheltenham, PA, is $401,093.00, with the most expensive house in Cheltenham, PA, topping out at $892,000.00 and the cheapest home in Cheltenham, PA, clocking in at $165,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Cheltenham, PA!

Rent Prices In Cheltenham, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cheltenham, PA, is on a rollercoaster ride. The average rent price in Cheltenham, PA, is $1,745.00. Indeed, when looking to rent in Cheltenham, PA, you can expect to pay as little as $1,130.00 or as much as $3,000.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Cheltenham, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheltenham, PA 19038 Short Sale Listings


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