The story of this market
The typical home in ZIP 19027 sells for about $385,000, or $199 per square foot.
Prices are down 6.5% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,483 a month.
ZIP 19027 — Elkins Park
The 19027 housing market is currently experiencing a cooling trend, with median sale prices down 6.5% year-over-year to $385,000. While inventory remains tight, the market is seeing a slight decrease in sales volume compared to the previous year. Data for specific tax history and utility providers is not currently available at the ZIP level.
This ZIP code is well-suited for commuters and families seeking established suburban neighborhoods with access to urban amenities and public transit.
Median prices moved down 6.5% year over year.
Homes spend a median of 35 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.4% · poverty 10.0% — a stable, low-distress profile.
ZCTA 19027, Montgomery County PA
The area is served by the Cheltenham School District, which provides public education for the community.
The area features a mix of historic residential properties and established suburban infrastructure with proximity to Philadelphia employment centers.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Pennsylvania) — Homestead/Farmstead Exclusion: Formula: (Assessed Value - Exclusion Amount) × Tax Rate = Tax Owed. Exclusion amount varies by school district and county. State (Pennsylvania) — Property Tax Assessment: Tax = Assessed Value × Local Millage Rate (1 mill = $1 per $1,000 of assessed value).
Elkins Park offers convenient access to Philadelphia via regional rail and major highway corridors, making it a popular choice for commuters.
The area features local parks and green spaces, with proximity to regional shopping and dining districts in the surrounding Montgomery County suburbs.
The rental market is characterized by a median rent of $1,483, with low vacancy rates compared to national averages.
The local economy is supported by a mix of professional services and proximity to the broader Philadelphia metropolitan employment market.
Parcels are subject to Montgomery County, municipal, and Cheltenham School District tax levies.
Data retrieved from US Census Bureau and ZCTA-level aggregations.
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. Source: NCES EDGE public school locations 2023-24.
Primary public high school serving the local community.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).