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Preforeclosure Homes in Cheltenham, PA

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Living in Cheltenham, PA

Cheltenham, PA is a vibrant suburban community just north of Philadelphia, providing a perfect mix of urban commuting ease and suburban living. The area offers highly-rated schools, ample parks, and diverse recreational opportunities. With quick access to Philadelphia's amenities, it's a prime location for families and professionals.

Current Market Conditions in Cheltenham, PA

The real estate market in Cheltenham is showing consistent growth, with an increasing number of buyers drawn to its desirable neighborhoods and schools. Prices have seen a steady increase, making it a competitive market for investors looking to purchase rental properties or family homes.

Recent trends indicate a steady demand for single-family homes, particularly among first-time homebuyers and young families. Investors can benefit from the area's ongoing development projects and the overall positive economic outlook in the surrounding Philadelphia region.

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 $401,839.00. 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 $406,845.00, with the most expensive house in Cheltenham, PA, topping out at $860,300.00 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 Preforeclosure Homes


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