The housing market in 19012 Cheltenham, PA is booming. The median value of a home in the area is $345,100, which is just slightly higher than the US median value of $338,100. This small difference indicates that homes in 19012 Cheltenham, PA remain highly desirable. Over the past year house appreciation has been strong too with an 11.01% increase compared to 8.27% nationwide – indicating that there are further gains to be made for home buyers and existing owners alike.
The median home cost in Cheltenham (zip 19012) is $345,100. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Cheltenham (zip 19012) is up 12.4%.
Average Age of Homes
- The median age of Cheltenham (zip 19012) real estate is 64 years old
The Rental Market in Cheltenham (zip 19012)
- Renters make up 12.5% of the Cheltenham (zip 19012) population
- 1.6% of houses and apartments in Cheltenham (zip 19012), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.