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Foreclosures in Cheltenham, PA

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View this home at Brookfield Rd Cheltenham PA 19012
Preforeclosure
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$338,023 EMV
Brookfield Rd
Cheltenham, PA 19012
Single-Family
|
4 |
2.5
|
2,253
EST. RENT: $2,020
|
AUCTION: 06-26-2024
Single-Family
|
4 |
2.5
|
2,253
View this home at Barclay Rd Cheltenham PA 19012
Preforeclosure
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$296,901 EMV
Barclay Rd
Cheltenham, PA 19012
Single-Family
|
3 |
2
|
1,602
EST. RENT: $2,020
|
AUCTION: 04-24-2024
Single-Family
|
3 |
2
|
1,602
View this home at Johns Rd Cheltenham PA 19012
Preforeclosure
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$289,196 EMV
Johns Rd
Cheltenham, PA 19012
Single-Family
|
3 |
1.5
|
1,666
EST. RENT: $2,020
|
AUCTION: 04-24-2024
Single-Family
|
3 |
1.5
|
1,666
View this home at Cadwalader Avenue Cheltenham PA 19012
Preforeclosure
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Cadwalader Avenue
Cheltenham, PA 19012
AUCTION: 04-24-2024
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Home Value Estimator For Cheltenham, PA

There are currently 2,137 real estate properties in Cheltenham, PA, with a median automated valuation model (AVM) price of $324,000.00. 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 $334,888.00, with the most expensive house in Cheltenham, PA, topping out at $744,500.00 and the cheapest home in Cheltenham, PA, clocking in at $117,290.00. 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.


Top Reasons To Live In Cheltenham, PA In 2024

Cheltenham is located in Montgomery, Pennsylvania, with an estimated municipal population of 37,171 residents. All of the best foreclosed homes for sale in Cheltenham are located in the following zip code areas on Foreclosure.com: 19038 19095 19012 19027. The estimated population per square kilometer (.62 miles) in Cheltenham is 1,589.


Cost Of Living In Cheltenham, PA

So, about how much do homes cost in Cheltenham? The most recent median value of resident-owned homes in Cheltenham is 278,265. An estimated 64.1 percent of households in Cheltenham own their homes, with an average family size of 3.03. The median household income in Cheltenham is 85,217, with42.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cheltenham, the median commute time of resident workers (in minutes) is 31.2. And last, but certainly not least, are you looking for homes to rent in Cheltenham? If so, the average rent price paid by renters in Cheltenham is 1,180, according to recent statistics.


Diversity And Demographics In Cheltenham, Pennsylvania

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cheltenham, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cheltenham is 39.9, split between 45.7 percent male versus 54.3 female. The percentage of residents who report being married in Cheltenham is 45.9, with an average family size of 3.03.

The percentage of residents who report their race in Cheltenham is as follows:

White 51.9%
Black / African American 34.6%
Asian 6.9%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 4.2%
Other 1.7%

Looking for family-friendly neighborhoods in and/or near Cheltenham? Or maybe you are searching for 55+ active adult communities in and/or near Cheltenham?

The percentage of residents who report their age in Cheltenham is as follows:

Under 10 9.2%
Aged 10-19 14.8%
20s 15.4%
30s 10.9%
40s 11.4%
50s 13.1%
60s 13.1%
70s 7.1%
80+ 5.1%

Best Schools In Cheltenham, Pennsylvania

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cheltenham with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cheltenham.


Pros And Cons Of Living In Cheltenham, Pennsylvania

How do you know that living in -- or moving to -- Cheltenham is right where you need to be? Perhaps you grew up in Cheltenham or already live nearby; therefore, the decision to buy a home in Cheltenham is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cheltenham for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cheltenham:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cheltenham.


Reasons To Move To Cheltenham, Pennsylvania, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cheltenham can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cheltenham, meanwhile, can field multiple offers from more qualified buyers.

Cheltenham, PA Foreclosures


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