This week in Cheltenham
Updated
If you are thinking about buying in Cheltenham right now, here's what the market looks like: the median sale price over the last three years sits at $420,000, and homes are spending an average of 56 days on the market before going under contract. Single-family homes are the most common property type in the area. Year-over-year, median prices have moved down 15.2%, while days on market have increased significantly—up 209.3% compared to last year. That shift means there's less urgency in the current pace of sales. If you are getting ready to sell, these numbers matter for your strategy. With homes taking longer to move and pricing adjusting downward, working with an agent who understands Cheltenham's specific conditions will help you position your home effectively. Compare agents who close regularly in Cheltenham to find someone who can guide you through the current market reality.
What This Means for You
Homes in Cheltenham are typically spending 56 days on market before going under contract. The median sale price is around $420K, based on 19 verified transactions. Prices have declined -15.2% year over year, creating opportunities for buyers. Buyers have more time to evaluate options, but well-priced homes still move quickly.
Property Type Breakdown
Price Range Distribution
Agents in Cheltenham
Verified by real transaction data. No paid placements.
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Frequently Asked Questions
What is the median home price in Cheltenham?
The median home price in Cheltenham, MD is $420K, based on 19 verified transactions over the past three years. Total sales volume in Cheltenham is $8.8M.
How fast do homes sell in Cheltenham?
Homes in Cheltenham average 56 days on market. Buyers generally have time to make informed decisions, though popular neighborhoods can see faster movement.
What types of homes are available in Cheltenham?
The most common property types in Cheltenham are Single Family (100%). The housing stock ranges from entry-level options under $300K to luxury properties above $1M, offering choices for first-time buyers through move-up families.
How do I find a real estate agent in Cheltenham?
smover verifies real estate agents in Cheltenham by real transaction data, not reviews or paid placements. Compare agents by total sales, sold-to-list ratio, and days on market. You can interview up to 3 agents for free at smover.co/agents/cheltenham. There is no cost or obligation.
Ready to find your agent in Cheltenham?
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Compare agents in CheltenhamListing information is provided through IDX courtesy Keller Williams Capital Properties.
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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 Keller Williams Capital Properties 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 Closed 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.