Is Hatfield, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Hatfield was a Neutral Market.
Housing Prices in Hatfield, PA
How much do homes in Hatfield, PA cost?
Median Sold Price
$458,750
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Hatfield was $458,750 in February 2024, down 7.3% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $135K | $470K | +248.1% |
3 Bedrooms | $410K | $415K | +1.2% |
4 Bedrooms | $607.8K | $537K | -11.6% |
5+ Bedrooms | - | $591.6K | N/A |
Summary: Hatfield housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 248.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hatfield Township | $460K | $450K | -2.2% |
Hatfield | $495K | $458.7K | -7.3% |
Housing Supply in Hatfield, PA
How many homes are available in Hatfield, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
56 | 64 | +14.3% |
Summary: The Hatfield real estate market had 64 homes for sale in February 2024, a 14.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 15 | 22 | +46.7% |
4 Bedrooms | 27 | 26 | -3.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hatfield housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 46.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Hatfield in February 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Hatfield, PA
How long does it take to sell a home in Hatfield, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
34 Days | 41 Days | +18.9% |
Summary: Homes in Hatfield had an average of 41 days on market in Feb 2024, up by 18.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in Hatfield; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.