54 minutes on Rocket
$5,641 Closing Credit¹
#PAMC2136058, Karen D Manzanares, Listing Office: Keller Williams Real Estate-Blue Bell
Cheltenham Township Housing Market Report March 2025•Montgomery County, Pennsylvania
Housing Prices in Cheltenham Township, PA
How much do homes in Cheltenham Township, PA cost?
Housing Market Conditions
Is Cheltenham Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cheltenham Township is a Buyer's Market
Difference Since March 2024
At the same time last year, Cheltenham Township was a Seller's Market.
Insight
Cheltenham Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$450,000$194/SqFt
+$90,000
+25.0%
Based on all homes sold in the last 12 months
Insight
Homes in Cheltenham Township have sold for 25% more than they did a year ago.
Summary: The median home sold price in Cheltenham Township was $450,000 in March 2025, up 25% from last year, and the median price per square foot was $194.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Cheltenham Township | $360K | $450K | +25.0% |
| Jenkintown | $436.2K | $479.9K | +10.0% |
| Springfield Township | $450K | $490K | +8.9% |
| Philadelphia | $258.4K | $269.4K | +4.2% |
| Abington Township | $410K | $420K | +2.4% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $117.5K | $143K | +21.7% |
| 22 Bedrooms | $232K | $250K | +7.8% |
| 33 Bedrooms | $338K | $429.5K | +27.1% |
| 44 Bedrooms | $459.6K | $506.2K | +10.1% |
| 55+ Bedrooms | $467.4K | $558K | +19.4% |
Summary: Cheltenham Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +21.7%. The home price for 2 bedroom homes increased by +7.8%. The home price for 3 bedroom homes increased by +27.1%. The home price for 4 bedroom homes increased by +10.1%. The home price for 5 bedroom homes increased by +19.4%.
How does Cheltenham Township, PA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Cheltenham Township, PA
Housing supply in Cheltenham Township, PA
How many homes are available in Cheltenham Township, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 114Last MonthMar 2025 | ||
| 772 months agoFeb 2025 | +48.1 % Change MoMFeb – Mar |
Summary: The Cheltenham Township real estate market had 114 homes for sale in Mar 2025, a 48.1 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthMar 2025 | ||
| 182 months agoFeb 2025 | -16.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 6 | 0.0% |
| 22 Bedrooms | 13 | 17 | +30.8% |
| 33 Bedrooms | 19 | 45 | +136.8% |
| 44 Bedrooms | 18 | 21 | +16.7% |
| 55+ Bedrooms | 21 | 25 | +19.0% |
Summary: Cheltenham Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +30.8%. The inventory for 3 bedroom homes increased by +136.8%. The inventory for 4 bedroom homes increased by +16.7%. The inventory for 5 bedroom homes increased by +19.0%.
Asking Price vs. Sold Price
How much do homes in Cheltenham Township, PA cost?
Over Asking Price5 Homes
At Asking Price6 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Cheltenham Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Cheltenham Township in March 2025, down by 16.7% month-over-month. Of the 15 sold homes, 27% were sold under asking, 40% were sold at asking, and and 33% were sold over asking.
Days on Market for Cheltenham Township, PA
How long does it take to sell a home in Cheltenham Township, PA?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days4 Homes
Over 90 Days3 Homes
Insight
Many homes in Cheltenham Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 15 homes were sold in Cheltenham Township; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 51 DaysThis YearMar 2025 | ||
| 23 Days1 year agoMar 2024 | +120.9 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Cheltenham Township had an average listing age of 51 days in Mar 2025, up by 120.9% compared to the previous year.
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Newest Listings in Cheltenham Township, PA
What homes are available in Cheltenham Township, PA?
Coming soon
$3,146 Closing Credit¹
#PAMC2135726, Natalie Marks, Listing Office: EveryHome Realtors
2 days on Rocket
$5,011 Closing Credit¹
#PAMC2136866, Andrew M Frank, Listing Office: Long & Foster Real Estate, Inc.
2 days on Rocket
$7,897 Closing Credit¹
#PAMC2137364, Randall A Mattison, Listing Office: Liberty Bell Real Estate & Property Management
3 days on Rocket
$6,530 Closing Credit¹
#PAMC2135964, Yael Milbert, Listing Office: BHHS Fox & Roach-Jenkintown
4 days on Rocket
$7,363 Closing Credit¹
#PAMC2137320, Anthony Fleming, Listing Office: Coldwell Banker Hearthside
Coming soon
$6,175 Closing Credit¹
#PAMC2136926, jada D thompson, Listing Office: Believe Realty Group
5 days on Rocket
$6,472 Closing Credit¹
#PAMC2137284, Tamika Nealy-Farmbry, Listing Office: Elfant Wissahickon-Chestnut Hill
Coming soon
$10,000 Closing Credit¹
#PAMC2134410, Larry HOLMES Jr., Listing Office: SERHANT PENNSYLVANIA LLC
Backup offers
$4,928 Closing Credit¹
#PAMC2136448, Amy B Greenstein Zimney, Listing Office: Keller Williams Main Line
$4,691 Closing Credit¹
#PAMC2133296, Wendy J Schwartz, Listing Office: Compass Pennsylvania, LLC
$5,581 Closing Credit¹
#PAMC2135400, Sean D Ryan, Listing Office: Keller Williams Real Estate Tri-County
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 04/01/2023 - 04/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.