House Prices

House Prices & Home Values Cheltenham, MD 2026


Average Data

average house price$544,725
average size per house3593 ft²
average price per ft²152 $ / ft²

06/03/2026 - The value range (VR) for house prices in Cheltenham, MD is $168/ sqft to $168/ sqft. An average home with 3593 sqft costs approximately $603,624 to $603,624. Cheltenham, MD includes 1 ZIP codes and it is located in Prince Georges county. The lowest prices are found in ZIP 20623, while the highest are in ZIP 20623. The average price per sqare feet is $152. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Cheltenham

20623154 $ / ft²




Historical development of home values in Cheltenham

Year Estimated value (USD) Change vs. 2025
2010 $252,980 -53.6%
2011 $243,197 -55.4%
2012 $242,543 -55.5%
2013 $251,608 -53.8%
2014 $264,119 -51.5%
2015 $277,675 -49.0%
2016 $292,166 -46.4%
2017 $307,935 -43.5%
2018 $324,960 -40.3%
2019 $340,027 -37.6%
2020 $357,605 -34.4%
2021 $406,737 -25.3%
2022 $474,164 -13.0%
2023 $500,028 -8.2%
2024 $528,956 -2.9%
2025 $544,725 0.0%

Graph: estimated home values in Cheltenham over time (USD)



Example: 100% financing house in Cheltenham

Loan amount: $544,725

Interest rate: 6.00%

Fixed monthly payment: $3,265.90

Breakdown in the 1st month:
Interest portion: $2,723.63  –  Principal portion: $542.28

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,501.53 $6,689.29 $538,035.71
2 $32,088.95 $7,101.87 $530,933.85
3 $31,650.92 $7,539.90 $523,393.95
4 $31,185.88 $8,004.94 $515,389.01
5 $30,692.15 $8,498.67 $506,890.35
6 $30,167.97 $9,022.85 $497,867.50
7 $29,611.46 $9,579.35 $488,288.14
8 $29,020.63 $10,170.19 $478,117.96
9 $28,393.36 $10,797.46 $467,320.49
10 $27,727.39 $11,463.43 $455,857.07
11 $27,020.35 $12,170.47 $443,686.60
12 $26,269.70 $12,921.11 $430,765.48
13 $25,472.76 $13,718.06 $417,047.42
14 $24,626.66 $14,564.16 $402,483.26
15 $23,728.37 $15,462.45 $387,020.82
16 $22,774.68 $16,416.14 $370,604.68
17 $21,762.17 $17,428.65 $353,176.04
18 $20,687.21 $18,503.61 $334,672.43
19 $19,545.95 $19,644.87 $315,027.56
20 $18,334.30 $20,856.52 $294,171.04
21 $17,047.91 $22,142.91 $272,028.13
22 $15,682.19 $23,508.63 $248,519.49
23 $14,232.22 $24,958.59 $223,560.90
24 $12,692.83 $26,497.99 $197,062.91
25 $11,058.50 $28,132.32 $168,930.59
26 $9,323.36 $29,867.46 $139,063.13
27 $7,481.20 $31,709.62 $107,353.50
28 $5,525.42 $33,665.40 $73,688.10
29 $3,449.01 $35,741.81 $37,946.29
30 $1,244.53 $37,946.29 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Cheltenham, MD


1500 sqft3900 sqft
Ø selling price$275,881$586,872
Ø fast selling$250,801$528,185
Ø high price sale$300,960$645,560

In 2026, houses in Cheltenham, MD will be offered at an average price of $152 per square foot. A 1,500 sqft home priced at $275,881 is 21.05% more expensive per square foot than a 3,900 sqft home priced at $586,872. Home prices in Cheltenham, MD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $406,297. Sellers who can wait longer may achieve a higher price of up to $496,585.


Cheltenham, MD Community Guide

Overview

Cheltenham, Maryland is a small unincorporated community in Prince George?s County known for its scenic, semi-rural character.
Situated in ZIP code 20623, this quiet area blends open green spaces with convenient proximity to major job centers in the Washington, DC region.

Location & Accessibility

Located along U.S. Route 301 near the Patuxent River corridor, Cheltenham offers straightforward commuter access to Joint Base Andrews, Upper Marlboro, and the Capital Beltway (I-495).
Residents benefit from nearby MARC and Metro connections in adjacent towns, plus regional routes to Annapolis and Baltimore.

History & Landmarks

Cheltenham is home to the solemn Maryland Veterans Cemetery?Cheltenham, a significant state veterans memorial and burial ground.
The community?s history traces agricultural roots and early tobacco farming, with historic sites and trails preserved across Prince George?s County parks.

Community & Lifestyle

Outdoor enthusiasts find hiking, equestrian, and birding opportunities at local conservation areas, while family-friendly recreation and sports fields are just minutes away.
Schools, shopping centers, and essential services cluster in neighboring towns, keeping daily errands convenient without sacrificing the area's tranquil feel.

Real Estate & Nearby Attractions

Home options range from established single-family houses on larger lots to newer developments, offering value compared with closer-in DC suburbs.
For visitors and prospective residents alike, Cheltenham, MD stands out for its balance of peaceful living, regional connectivity, and enduring community pride.



FAQ – Home Values in Cheltenham

What is the median home value in Cheltenham in 2026?

In 2026, the typical home value in Cheltenham is about $544,725 for an average home size of 3593 square feet. This corresponds to an average price of roughly $152 per square foot.

What is the average cost per square foot in Cheltenham?

In 2026, homes in Cheltenham sell for an average of around $152 per square foot, with a typical range between $168 and $168 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Cheltenham is about 3593 square feet, with an estimated 2026 value around $544,725.



Locations close to Cheltenham, MD

Clements, MD140 $ / ft²
Cobb Island, MD151 $ / ft²
Coltons Point, MD159 $ / ft²
Charlotte Hall, MD173 $ / ft²
Chaptico, MD153 $ / ft²
Callaway, MD131 $ / ft²
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