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There are currently 3,771 real estate properties in Jenkintown, PA, with a median automated valuation model (AVM) price of $430,890.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jenkintown, 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 Jenkintown, PA, is $467,148.00, with the most expensive house in Jenkintown, PA, topping out at $4,393,891.00 and the cheapest home in Jenkintown, PA, clocking in at $71,716.00. In other words, there’s something for every potential homebuyer or savvy investor in Jenkintown, PA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jenkintown, PA, is on a rollercoaster ride. The average rent price in Jenkintown, PA, is $1,891.00. Indeed, when looking to rent in Jenkintown, PA, you can expect to pay as little as $850.00 or as much as $3,440.00, with the average rent median estimated to be $1,870.00. The good news is that finding an affordable and desirable property to rent in Jenkintown, 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.
Jenkintown is located in Montgomery, Pennsylvania, with an estimated municipal population of 4,420 residents. All of the best foreclosed homes for sale in Jenkintown are located in the following zip code areas on Foreclosure.com: 19046. The estimated population per square kilometer (.62 miles) in Jenkintown is 2,949.
So, about how much do homes cost in Jenkintown? The most recent median value of resident-owned homes in Jenkintown is 299,159. An estimated 63.7 percent of households in Jenkintown own their homes, with an average family size of 3.07. The median household income in Jenkintown is 108,523, with57.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Jenkintown, the median commute time of resident workers (in minutes) is 28.7. And last, but certainly not least, are you looking for homes to rent in Jenkintown? If so, the average rent price paid by renters in Jenkintown is 1,379, according to recent statistics.
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 Jenkintown, 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 Jenkintown is 40.8, split between 46 percent male versus 54 female. The percentage of residents who report being married in Jenkintown is 57.8, with an average family size of 3.07.
The percentage of residents who report their race in Jenkintown is as follows:
| White | 82.4% |
| Black / African American | 10.8% |
| Asian | 1.6% |
| American Indian / Alaskan Native | 1.1% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 4.1% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Jenkintown? Or maybe you are searching for 55+ active adult communities in and/or near Jenkintown?
The percentage of residents who report their age in Jenkintown is as follows:
| Under 10 | 12.8% |
| Aged 10-19 | 12% |
| 20s | 10.7% |
| 30s | 13.7% |
| 40s | 11.4% |
| 50s | 17.4% |
| 60s | 10.1% |
| 70s | 4.7% |
| 80+ | 7% |
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 Jenkintown with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Jenkintown.
How do you know that living in -- or moving to -- Jenkintown is right where you need to be? Perhaps you grew up in Jenkintown or already live nearby; therefore, the decision to buy a home in Jenkintown is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Jenkintown 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 Jenkintown:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Jenkintown.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Jenkintown can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Jenkintown, meanwhile, can field multiple offers from more qualified buyers.
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