High demand: Cheltenham is a desirable place to live due to its proximity to Philadelphia, highly rated schools, and variety of housing options. This is due to a combination of factors, including low interest rates, a strong job market, and a desire for more space and amenities as a result of the COVID-19 pandemic. Limited inventory: There is currently a shortage of homes for sale in Cheltenham, which is putting upward pressure on prices. Here are some key factors that are currently impacting the Cheltenham real estate market: In 2013, Cheltenham was named a 'Classic Town of Greater Philadelphia,' for being 'one of the most diverse, unique, and livable communities in our region' and 'truly at the center of it all.' Cheltenham has 13 listings on the National Register of Historic Places, the most of any municipality in Montgomery County.Īs of writing this, the Cheltenham, PA real estate market is currently a seller's market, with limited inventory and high demand driving up home prices. It was named a Preserve America community, a US Government program established to preserve historic communities throughout the United States. It is also a Tree City USA member, a program dedicated to forestry management. With the population increase, the township's identity changed from being a community of prominent Philadelphians and their mansions to several distinct communities consisting of densely populated rowhouses, apartments, and townhouses that overflowed from neighboring North Philadelphia (especially in La Mott and parts of Cheltenham Village), but also maintaining some of the historic neighborhoods of the past in Wyncote, Elkins Park, and Melrose Park.Ĭheltenham has been honored with many distinctions over its long history. As the 20th century progressed, people moved out of the city and into the first community over the city line, Cheltenham. Routes 611, 73, and 309 are easily accessible.Īs the Gilded Age ended and the depression hit the country, many of the estates and mansions were destroyed and made way for the building of houses in their place. Jenkintown-Wyncote and Cheltenham train stations straddle the township's border.

There are several train stations within the township: Elkins Park, Glenside, and Melrose Park. Walk around the historic neighborhoods in Elkins Park and Wyncote.

Cheltenham has beautiful, tree-lined neighborhoods, several libraries (East Cheltenham Free Library, Elkins Park Free Library, La Mott Free Library, and the Glenside Free library.), lovely parks for recreation, and convenient shopping. Located 20 minutes outside Center City, Philadelphia, Cheltenham Township is home to 37,000 residents.

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