Is Hilltown Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hilltown Township has remained a Seller's Market.
Housing Prices in Hilltown Township, PA
How much do homes in Hilltown Township, PA cost?
Median Sold Price
$477,500
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hilltown Township was $477,500 in May 2024, down 9% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $409.9K | $635K | +54.9% |
3 Bedrooms | $409K | $425K | +3.9% |
4 Bedrooms | $594K | $667.5K | +12.4% |
5+ Bedrooms | $680K | $435K | -36.0% |
Summary: Hilltown Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 36%.
Median Sold Price Compared To Nearby Cities
Perkasie | $425K | $433.2K | +1.9% |
Hilltown Township | $525K | $477.5K | -9.0% |
Housing Supply in Hilltown Township, PA
How many homes are available in Hilltown Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 35 | +12.9% |
Summary: The Hilltown Township real estate market had 35 homes for sale in May 2024, a 12.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Hilltown Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Hilltown Township in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Hilltown Township, PA
How long does it take to sell a home in Hilltown Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 6 Days | -68.2% |
Summary: Homes in Hilltown Township had an average of 6 days on market in May 2024, down by 68.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Hilltown Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.