Jenkintown PA homes for sale split into two markets that could not be further apart, and The McKnight Team helps buyers and sellers work out which one they are in. Jenkintown Borough is a 0.59 square mile town of about 4,719 people ten miles north of Center City. Abington Township surrounds it on three sides and Cheltenham Township borders it to the south, and a large share of homes in Abington carry a Jenkintown address. The figures on this page cover both, because that is how buyers search.
What the Jenkintown Numbers Mean
Read this section before you read anything else, because the headline number on a Jenkintown address is the least useful figure on this page. Eighty six homes closed in six months at a median of $488,750. A quarter of them closed below $220,000 and a quarter closed above $700,000. The lowest sale was $50,000 and the highest was $1,401,000. There is no typical Jenkintown home.
The split is municipal. Jenkintown Borough closed 35 sales at a median of $235,000, taking a median of 10 days and an average of 64, at 97.6 percent of list. The Abington Township side closed 43 sales at a median of $630,000, in a median of 4 days at 99.1 percent of list. That is a $395,000 gap between two sides of one mailing address.
The split is also product. Twenty two of the 86 sales were condominiums and apartments at a median of $150,000, and 51 were detached homes at $660,000. The condominium sales are concentrated in a single building, and they are what pull the borough median down to $235,000. Jenkintown is a $660,000 detached market and a $150,000 condominium market sharing a post office.
Where Is Jenkintown? County, Township, and Transit
Jenkintown is in Montgomery County, in the 19046 ZIP code, about ten miles north of Center City Philadelphia. The borough was settled around 1697 and named for William Jenkins, a Welsh pioneer, and incorporated in 1874. It covers 0.59 square miles, which makes it one of the smallest municipalities in the county.
Transit is the thing that sets this town apart. Jenkintown-Wyncote station is the busiest SEPTA Regional Rail station outside Philadelphia, served by three rail lines plus bus routes. The Horace Trumbauer designed Queen Anne station building is on the National Register, along with the Jenkins Town Lyceum and the Strawbridge and Clothier store. For a buyer who commutes into the city without a car, there is no better address in Montgomery County.
The 19046 ZIP also covers Rydal and Meadowbrook inside Abington Township, which is where the higher priced detached homes are. A listing that says Jenkintown may be in the borough, in Abington, or in Cheltenham, and the tax bill and school district change with it.
What Is It Like to Live in Jenkintown, PA?
The borough is dense, walkable and genuinely urban in feel for a suburb. Rowhomes, twins, apartment buildings and a commercial Old York Road corridor, with the train station at the center of it. People buy here for the walk to the platform and the walk to dinner.
The Abington side is the opposite within a mile. Rydal and Meadowbrook are large detached homes on wooded lots, some of them significant. The two are close enough that buyers tour both in an afternoon and then have to decide what they are actually buying, because the price difference is not about condition or square footage. It is about which municipality the driveway is in.
Neighborhoods on a Jenkintown Address
Beaver Hill
The single most active address in the market and the one that most distorts the numbers. Beaver Hill closed 17 condominium sales in six months at a median of $150,000, which is 20 percent of everything that sold on a Jenkintown address. It is a high rise condominium complex in the borough. If you own here, your market is a building, not a town, and the only comparables that matter are the other units in it.
Jenkintown Borough detached and Jenkintown Manor
Detached homes inside the borough closed 19 sales at a median of $600,000, and Jenkintown Manor closed 4 at $820,000. So the borough is not uniformly cheap. It is a $600,000 detached market with a $150,000 condominium market inside it, and the $235,000 borough median is the average of two things that have nothing to do with each other.
Rydal, Meadowbrook, and Crosswicks
The Abington Township side of the address. Rydal closed 5 at a median of $852,000, Meadowbrook closed 6 at $752,500, and Crosswicks closed 5 at $600,000. These are the largest homes on the largest lots on a Jenkintown address, and they sell in a median of 4 days.
Rockledge
The twin and semi detached pocket, with 5 sales at a median of $335,000. Twins across the whole Jenkintown address closed 10 at $342,500. This is the practical middle of the market, and the one product type that behaves consistently across both municipalities.
What Kinds of Homes Are for Sale in Jenkintown?
Detached homes led with 51 of the 86 sales at a median of $660,000. Condominiums and flats came second with 22 at $150,000, plus two penthouse units at $158,000. Twins closed 10 at $342,500. The median home that sold had 1,632 square feet above grade.
Only 3 of the 86 sales carried a homeowners association and none were age restricted, which is unusual and reflects how much of the housing stock here predates the planned community era. If you want a maintenance free lifestyle in Jenkintown, the answer is a condominium rather than a townhouse development.
New Construction in Jenkintown
Toll Brothers is building Regency at Rydal Woods, an age restricted community on the Abington Township side of the Jenkintown address. It is the only active builder community here.
Not one of the 86 homes that closed in the last six months was new construction. Jenkintown is as close to a pure resale market as this region has, which is a function of how little developable land is left inside a 0.59 square mile borough and a built out township. For a seller that means you compete entirely with other homeowners. Details on the community, including what is offered and what it costs, are in our new construction section.
If you are considering a builder home, talk to us before your first model home visit. Most builders require your agent to be registered on that first visit, and the sales office works for the builder, not for you.
Jenkintown and Abington School Districts
This is the other reason the two sides of the address behave differently. Homes inside the borough are in the Jenkintown School District, which operates two buildings and enrolls just over 700 students. Homes on the Abington Township side are in the Abington School District. Of the 86 sales in this window, 35 were in Jenkintown and 51 were in Abington.
The district sets the school portion of the property tax bill, and that is the largest line on the bill for nearly every homeowner here. Two homes a block apart on the same road can sit in different districts, so confirm the district for any specific address with the district directly rather than relying on a listing.
What Buyers Should Know Right Now
There are 54 homes for sale against 23 under contract and 86 sales in six months. The average sale closed at 98.8 percent of list and only 60 percent of sellers got asking or better, both the lowest figures in the group. Twenty nine percent of listings took more than 30 days.
In practical terms, a buyer here has room to negotiate that buyers in Perkasie or Collegeville do not. That is most true in the borough, where the median is 10 days to contract at 97.6 percent of list. It is least true in Rydal and Meadowbrook, where detached homes still move in four days. Know which market you are writing into before you decide how aggressive to be.
What Sellers Should Know Right Now
Be honest about the number. In Jenkintown the average seller took slightly less than asking, and the average listing took 46 days to find a buyer. With 54 competing listings, overpricing does not cost you a week here, it costs you a season.
The pricing mistake specific to this town is using the wrong half of it. A Rydal detached home priced against the $488,750 town median leaves a fortune on the table. A Beaver Hill condominium priced against it will never sell. Your comparable set is your building or your street and your municipality, and in Jenkintown those two things are worth more than $395,000 of difference.
Frequently Asked Questions About Jenkintown PA Homes for Sale
How much do homes cost in Jenkintown, PA?
The median sale price over the last six months was $488,750 across 86 closed sales, but that number hides a wide split. Jenkintown Borough ran a median of $235,000 and the Abington Township side ran $630,000. Detached homes across both closed at a median of $660,000 and condominiums at $150,000.
How fast do homes sell in Jenkintown?
The median home went under contract in 6 days but the average was 46 days, and 29 percent took more than a month. The Abington side moved in a median of 4 days while the borough took 10.
Is Jenkintown a borough or a township?
Jenkintown is a borough of about 4,719 people covering 0.59 square miles. Abington Township surrounds it on three sides and Cheltenham Township borders it to the south. Many homes in Abington, including Rydal and Meadowbrook, use a Jenkintown mailing address.
What school district serves Jenkintown?
It depends on the municipality. Homes in Jenkintown Borough are in the Jenkintown School District. Homes on the Abington Township side of the address are in the Abington School District. Of the 86 sales in this window, 35 were Jenkintown and 51 were Abington.
Is Jenkintown good for commuting to Philadelphia?
Jenkintown-Wyncote station is the busiest SEPTA Regional Rail station outside Philadelphia, served by three rail lines plus bus routes, about ten miles from Center City.
Ready to Find Your Jenkintown Home?
Jenkintown is two markets and two school districts on one mailing address, with $395,000 between them. Getting the municipality right is not a detail here, it is the entire valuation. We pull the comparables that actually match your home, we explain them, and we tell you what we would do if it were ours.
Thinking About Buying or Selling in Jenkintown?
Get a real number on the home you own, see everything for sale in Jenkintown, or reach us right now. We work this market every week and we will tell you what we would do if it were ours.