The story of this market
The typical home in ZIP 19012 sells for about $500,000, or $262 per square foot.
Prices are up +11.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,622 a month.
ZIP 19012 — Cheltenham
The 19012 housing market shows strong price appreciation with a median sale price of $500,000, reflecting a 11.2% year-over-year increase. Inventory remains extremely tight with only 11 active listings, driving a competitive environment for buyers. Rental data is not explicitly published for this ZIP, and market conditions are driven by limited supply and high demand for suburban housing near Philadelphia.
This area is well-suited for families and commuters who value proximity to Philadelphia while seeking a suburban environment with established school districts.
Median prices moved up 11.2% year over year.
Homes spend a median of 42 days on market with 0.8 months of supply — a fast-moving market.
7% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 4.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19012, Montgomery County PA
Public schools in the area include Cheltenham Elementary School, which serves the local community.
The area faces a moderate risk of severe flooding for approximately 13% of properties.
The area is a mature residential suburb of Philadelphia with stable infrastructure and established housing stock.
Property taxes are levied by the local municipality, school district, and county; specific exemptions and rates are determined by Montgomery County assessment standards.
The ZIP code offers suburban access to Philadelphia via regional rail and major highway corridors.
The area features local parks and proximity to suburban shopping centers and community facilities.
The rental market is characterized by limited inventory and steady demand from commuters seeking suburban living.
The local economy is driven by its proximity to the Philadelphia employment core, with a mix of professional services and retail.
The area is served by regional transit connections to Philadelphia and major arterial roads.
Development is primarily focused on residential infill and maintenance of existing infrastructure.
Montgomery County utilizes a county-wide assessment system for property tax valuation.
Parcels are subject to Cheltenham Township and Cheltenham School District tax levies.
Property insurance premiums are influenced by regional flood risk and standard suburban hazard profiles.
Data retrieved from US Census Bureau ZCTA 19012 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Primary public educational facility serving the local ZIP code.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).