Cheltenham Homes under $500,000

Cheltenham Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Cheltenham and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Cheltenham Homes under $500,000

532 Jefferson Ave, Cheltenham
$425,000
3 Beds ⋅ 3 Baths
Welcome to 532 Jefferson Avenue! Nestled in Cheltenham Township, this beautifully updated, single-family detached Colonial offers a wonderful blend of comfort, charm, and modern touches. Built in 1990, this three-bedroom, two-and-a-half-bath home features an inviting layout with thoughtful improvements throughout. Step inside to discover a bright and welcoming living room featuring wood flooring and a cozy fireplace. The main level offers a spacious dining area, an updated kitchen with a convenient breakfast bar, and French doors providing access to the outdoors. A first-floor bedroom and full bathroom offer added flexibility for guests, a home office, or convenient main-level living. Upstairs, you’ll find two additional bedrooms, an updated full bathroom, and a generously sized bonus room offering endless possibilities. Whether you envision a home office, dressing room, creative space, or the potential for a future fourth bedroom or second-floor laundry room, this versatile area provides an opportunity to customize the home to suit your needs, subject to applicable requirements. The finished lower level provides additional space for entertaining, recreation, or relaxation, complete with a convenient half bathroom and a dedicated laundry and utility area. Recent improvements include updated bathrooms, refreshed flooring, and a renovated basement, creating a comfortable and inviting atmosphere throughout. Step outside and enjoy the rear patio, ideal for outdoor dining, entertaining, or simply unwinding. The property also features a one-car garage with overhead storage and an expansive driveway accommodating approximately four additional vehicles, providing off-street parking for up to four to five cars. Situated on an approximately 7,162-square-foot lot, this home offers a wonderful combination of indoor and outdoor living space. Conveniently located near shopping, dining, parks, and major roadways, 532 Jefferson Avenue is ready to welcome its next owner. Schedule your private showing today!

532 Jefferson Ave, Cheltenham

Listing courtesy of Real of Pennsylvania. Contact:

40 Johns Rd, Cheltenham
$400,000
4 Beds ⋅ 3 Baths
Discover the charm of this stunning Colonial home nestled in the desirable Oak Lane Manor community. Built in 1951, this beautifully maintained residence boasts 1,783 sq. ft. of living space, featuring four spacious bedrooms and two and a half bathrooms, perfect for both relaxation and entertaining. Step inside to find a warm and inviting atmosphere, highlighted by rich hardwood floors throughout. The heart of the home is the elegant living room, complete with a classic brick fireplace, ideal for creating lasting memories with loved ones. Upstairs features a large master suite with double closets and newly renovated full master bathroom. The partially finished basement offers additional space for a home gym, play area, or media room, providing endless possibilities to suit your lifestyle. Outside, enjoy your own personal oasis with a concrete pool, perfect for summer gatherings or quiet evenings under the stars. The attached garage and driveway provide ample parking, ensuring convenience for you and your guests. Oak Lane Manor is not just about the home; it's about the lifestyle. This vibrant neighborhood is known for its friendly atmosphere and community spirit. Residents enjoy easy access to local parks, where you can take leisurely strolls or engage in outdoor activities. The area is also served by excellent schools, making it a great place to grow and thrive. With its blend of comfort, community, and convenience, this property is more than just a house; it's a place to call home. Don't miss your chance to experience the best of Oak Lane Manor living!

40 Johns Rd, Cheltenham

Listing courtesy of Realty Mark Associates - KOP. Contact:

111 Pleasant Hill Rd, Cheltenham
$439,999
3 Beds ⋅ 3 Baths
Welcome to a beautifully maintained, move-in-ready home nestled in Cheltenham! This charming 3-bedroom, 2.5-bath residence offers a wonderful combination of comfort, functionality, and inviting living spaces. Step inside to discover a welcoming interior featuring attractive flooring, abundant natural light, and a comfortable layout. The home offers both a spacious living room and a separate family room, providing plenty of room for everyday living, entertaining, or simply relaxing. The kitchen features warm wood cabinetry, tiled flooring, and stainless steel appliances, offering a practical space for preparing meals and gathering. The primary bedroom features a walk-in closet and a private full bathroom, providing added comfort and convenience. Two additional bedrooms offer versatile space for a variety of needs, while a second full bathroom and an additional half bathroom enhance the home's functionality. Outside, enjoy the home's charming curb appeal, well-kept front lawn, mature trees, and inviting covered front porch. A private driveway and attached garage provide convenient off-street parking. Situated in Cheltenham, this home offers convenient access to local shopping, dining, parks, and surrounding Montgomery County and Philadelphia amenities. With its well-maintained interior, generous living spaces, and desirable features, this property is ready for its next owner to move right in and make it their own. Schedule your showing today and discover all that this home has to offer!

111 Pleasant Hill Rd, Cheltenham

Listing courtesy of Liberty Bell Real Estate Brokerage LLC. Contact:

7956 Milltown Cir, Cheltenham
$490,000
3 Beds ⋅ 3 Baths
Enjoy the benefits of nearly new construction at 7956 Milltown Circle! Built in 2023 and located in the Ashbourne Meadows community of Cheltenham Township, this three-bedroom, two-and-a-half-bath end-unit townhome offers three levels of living space, additional natural light, and a rear deck overlooking natural open space. The entire interior was professionally painted in 2025, providing a fresh appearance throughout the home. The main level features an open floor plan connecting the kitchen, dining area, and family room, with luxury vinyl plank flooring and recessed lighting throughout. The kitchen combines quartz countertops, gas cooking, a spacious breakfast bar, and a pantry, providing plenty of room for meal preparation, casual dining, and everyday organization. Just beyond the kitchen, the family room features a fireplace, while the adjoining Trex deck extends the living space outdoors, offering a comfortable setting for relaxing or entertaining. Upstairs, you'll find three bedrooms and two full bathrooms, including a primary suite with its own private bath. The conveniently located upper-level laundry includes a washer and dryer that are approximately one year old. Downstairs, the finished walkout lower level provides additional flexibility for a home office, recreation room, fitness area, or whatever best suits your needs. An attached one-car garage and private driveway provide off-street parking, equipped with an EV charger (CCS charging standard), while the homeowners association handles lawn maintenance, snow removal, and trash service, allowing you to spend less time on exterior upkeep. Beyond the property, you'll find several local destinations worth exploring. Tookany Creek Park and Trail offer walking paths and opportunities for outdoor recreation, while Greenleaf at Cheltenham, formerly Cheltenham Square Mall, offers a variety of shopping, dining, and entertainment options, including department stores, specialty retailers, and everyday conveniences. Elkins Park SEPTA Regional Rail Station provides an alternative to driving into Center City Philadelphia, with additional access to surrounding communities and major commuting routes. The property is also served by the Cheltenham School District. Ashbourne Meadows was developed on the former grounds of Ashbourne Country Club, bringing a piece of local history into this newer residential community. From the thoughtfully designed interior to the outdoor setting and nearby conveniences, this property offers an appealing combination of comfort, functionality, and location. Please take a moment to view the video tour and then schedule your in-person showing appointment today.

7956 Milltown Cir, Cheltenham

Listing courtesy of Century 21 Advantage Gold-Southampton. Contact:

502 Franklin Ave, Cheltenham
$335,000
3 Beds ⋅ 2 Baths
Welcome to 502 Franklin Avenue, a charming three-bedroom, one-and-a-half-bath masonry twin in the heart of Cheltenham Village, where classic neighborhood character, natural beauty, and everyday convenience come together. One of the home’s standout features is its location. Just steps from the trails, streams, and green spaces surrounding Tookany Creek Park, you can enjoy peaceful walks and nature practically outside your door. The home is also located within the highly regarded Cheltenham School District. Cheltenham Station is nearby, providing convenient rail access to Center City Philadelphia, while Temple University Hospital–Jeanes Campus, local restaurants, neighborhood shops, shopping, and major roadways are all just a short distance away. Inside, this well-cared-for home blends original character with thoughtful updates. Beautifully refinished original hardwood floors are complemented by fresh paint and recessed lighting, creating bright and welcoming living spaces. Three comfortable bedrooms provide plenty of flexibility, while the finished lower level adds valuable additional living space. The finished walkout lower level includes a bonus room that can easily serve as a home office, playroom, hobby space, or additional living area. From here, step directly outside to one of the home’s most special features—a beautiful, private-feeling backyard surrounded by mature greenery and colorful landscaping. The outdoor setting offers a peaceful retreat for relaxing, gardening, entertaining, or simply enjoying the changing seasons. The combination of the walkout lower level and picturesque backyard creates a wonderful indoor-outdoor connection that is difficult to find. With parks and trails just steps away, convenient public transportation, nearby dining and shopping, the highly regarded Cheltenham School District, and easy access to the many amenities of Cheltenham Township, 502 Franklin Avenue offers the character and warmth of an established neighborhood with the convenience of modern everyday living. Come experience this special Cheltenham Village home for yourself.

502 Franklin Ave, Cheltenham

Listing courtesy of Keller Williams Real Estate-Langhorne. Contact:

7622 Brookfield Rd, Cheltenham
$370,000
3 Beds ⋅ 2 Baths
Stone and brick Colonial in a highly desirable neighborhood is ready for its next chapter. With attractive curb appeal, a pretty lawn with a mature Japanese Maple tree and a cement patio out back as well as a driveway for off street parking, this home welcomes you to a bright traditional layout filled with charm and warmth. The main level features a spacious living room with hardwood floors a wood burning fireplace and abundant natural light, creating a comfortable gathering space for entertaining and daily living. A warm wood paneled den with built in book shelves. Separate dining room with bay window and built in shelving that opens to a bright eat in kitchen with a door to the back yard. Off the hall is a conveniently located half bath. Upstairs your will find three generous bedrooms and a full tiled hall bath. All bedrooms have deep closets. Full basement with windows and high ceilings and washer and dryer as well as mechanicals. Newer heater and air conditioner as well as water heater provide confidence moving forward. The basement has a french drain as well as a sump pump. Easily finished into a rec room and or use for generous storage. Hard wood floors throughout. Take this home to its next level. This home sits next door to and across the street from Cheltenham Townships Parkview Park with 13.14 acres of public open space and natural area that was purchased by the Township in late 1950 to preserve open space. Buyer was unable to qualify for the mortgage and 7622 is back on the market as of 10/19/26.

7622 Brookfield Rd, Cheltenham

Listing courtesy of Compass Pennsylvania, LLC. Contact:

27 Dewey Rd, Cheltenham
$399,999
4 Beds ⋅ 2 Baths
Situated in the serene area of Oak Lane Manor, this attractive Colonial-style Single exudes timeless elegance and modern comfort. Built in 1952 and meticulously maintained, this home offers a harmonious blend of classic charm and contemporary amenities, making it the perfect for those seeking an elevated lifestyle. Step inside to discover a warm and inviting interior, hardwood and laminated flooring create a seamless flow throughout the living spaces. Natural light pours in through the bay and bow windows, accentuating the home's inviting atmosphere. The thoughtfully designed dining area is perfect for intimate gatherings, while the kitchen boasts beautiful wood cabinetry and upgraded countertops. There is also ample table and chair space, which creates a cozy eat in area. A well-appointed pantry ensures that all your essentials are within easy reach, enhancing the functionality of this delightful kitchen. Featuring upgraded stainless steel appliances-including a built-in range, self-cleaning oven, and dishwasher-combine style with practicality, making meal preparation a joy. The convenience of a dedicated laundry area in the improved basement adds to the home's appeal, ensuring that daily tasks are effortlessly managed. This area is also equipped with a Full Bath and Stall Shower. Outside, the property features a beautifully landscaped rear yard, perfect for relaxation and/or entertaining. The patio invites you to enjoy al fresco dining or simply unwind in the tranquility of your surroundings. Sidewalks throughout the neighborhood, encourages leisure walks and fosters strong a sense of community. The attached garage and asphalt driveway provide ample parking, ensuring that you and your guests are always accommodated. With a lot size of 0.17 acres, there is plenty of room for gardening or outdoor activities, allowing you to embrace the joys of suburban living. Located in a peaceful suburban setting, this home offers the perfect balance of privacy and accessibility. Enjoy the convenience of nearby amenities while retreating to your own personal oasis. This property is not just a house; it's a place where memories are made, and a lifestyle of comfort and elegance awaits. Experience the charm of Oak Lane Manor and make this exceptional residence your own. The price was just reduced to $399,999.

27 Dewey Rd, Cheltenham

Listing courtesy of RE/MAX Services. Contact:

Start Your Search

How much is your home worth?

Get instant property value now!