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Foreclosure Homes in Cheltenham, MD

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Cheltenham, MD Foreclosures

Current Market Conditions in in Cheltenham, MD As of March 2026?
In the past month, Cheltenham's real estate market has seen a notable increase in activity with a 10% rise in home sales compared to the previous month. Demand is particularly strong for 3-4 bedroom homes, which are being snatched up quickly by families looking to settle in the area. Although new listings have come onto the market, they are often met with multiple offers, driving up the sale prices. The influx of buyers continues to put pressure on the market, leading to a dynamic environment for real estate transactions.
How much do homes sell for in Cheltenham, MD?
The average home price is currently $489,375.
In Cheltenham, MD, how many homes are available?
There are currently 8 active home listings available in Cheltenham.
What’s the average rental cost in Cheltenham, MD?
The average rental price in Cheltenham is $2,244.
What is the most expensive home in Cheltenham?
The most expensive home sold in Cheltenham had a price of $2,176,626.
What is currently the cheapest priced home in Cheltenham, MD?
The cheapest home for sale in Cheltenham is priced at $121,100.

Living in Cheltenham, MD

Cheltenham, MD is an inviting suburban community known for its residential charm and proximity to Washington D.C. Families can enjoy access to great schools and parks while professionals find convenient commuting options. The peaceful atmosphere combined with local amenities makes Cheltenham a desirable place to live.

Buyer vs Seller Market in Cheltenham, MD

The real estate market in Cheltenham, MD is currently experiencing a period of steady growth, with increasing demand for family-sized homes. Inventory remains low which is contributing to rising home prices, making it a competitive market for buyers. As more professionals seek suburban living with access to urban amenities, Cheltenham is becoming a popular choice among first-time homebuyers and families alike.

Trends indicate that Cheltenham is becoming more appealing to young professionals and families, resulting in a rejuvenation of the housing market. Homes are selling faster than previous years, and prices are on the rise due to low interest rates and a shift in buyer priorities towards more spacious living environments.

Home Value Estimator For Cheltenham, MD

There are currently 1,015 real estate properties in Cheltenham, MD, with a median automated valuation model (AVM) price of $482,545.00. 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, MD, 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, MD, is $489,375.00, with the most expensive house in Cheltenham, MD, topping out at $2,176,626.00 and the cheapest home in Cheltenham, MD, clocking in at $121,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Cheltenham, MD!

Rent Prices In Cheltenham, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cheltenham, MD, is on a rollercoaster ride. The average rent price in Cheltenham, MD, is $2,244.00. Indeed, when looking to rent in Cheltenham, MD, you can expect to pay as little as $1,540.00 or as much as $4,620.00, with the average rent median estimated to be $2,240.00. The good news is that finding an affordable and desirable property to rent in Cheltenham, MD -- 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, MD Foreclosures


Market Trend for Cheltenham, MD

Total Listings Available: 8

Market Values:

Home Prices from $121,100 to $2,176,626

Average Sales Price: $489,375

Rental Values:

Rental from $1,540 to $4,620

Average Rent Value: $2,244 / month

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