The housing market in Cheltenham, PA is showing strong signs of appreciation with the median value being $369,400, which is higher than the US house median value of $338,100. In the past year alone, the house appreciation rate in Cheltenham has been 11.01%, which is significantly higher than the national appreciation rate of 8.27%. This shows that Cheltenham is a great place to invest in real estate and make a good return on investment in the long term.
The median home cost in Cheltenham is $369,400. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Cheltenham is up 12.4%.
Average Age of Homes
- The median age of Cheltenham real estate is 63 years old
The Rental Market in Cheltenham
- Renters make up 34.9% of the Cheltenham population
- 3.8% of houses and apartments in Cheltenham, 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.