19012, Cheltenham, PA

The Cheltenham zip code in Pennsylvania has a population of about 34,000 people and an average home value of $158,000. The median home value is $130,000 and the homeownership rate is about 69%.

The Cheltenham area has seen strong growth over the past few years. The population has increased by about 5%, and the median home value has grown by almost 10%. This growth is likely due to a number of factors, including increasing demand for housing in the area and low interest rates.

Despite these positive trends, there are some risks associated with buying a home in Cheltenham. One risk is that prices could decline over time if there are any unforeseen economic or political events that negatively affect the local economy. Another risk is that interest rates could rise over time, making it more expensive to borrow money to buy a home.

Overall, Cheltenham appears to be a stable and growing community with good prospects for continued growth in both homes values and population. If you are interested in buying or selling a home in this area, it would be wise to consult with an experienced real estate agent who can help you navigate these risks and opportunities.