Is Hilltown Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hilltown Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Hilltown Township has remained a Seller's Market.

Key Takeaway

Hilltown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hilltown Township, PA cost?

Median Sold Price

$466,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$65,250(+16.3%)

Key Takeaway

Homes in Hilltown Township have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $227K$289K
+27.3%
3 $331.7K$390K
+17.6%
4 $572.4K$615K
+7.4%
5+ $787.5K$650K
-17.5%

Median Sold Price Compared To Nearby Cities

Perkasie
+18.5%
Hilltown Township
+16.3%

How many homes are available in Hilltown Township, PA?

Number of Homes For Sale

Oct 2022Nov 2022%
5345-15.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 22
0.0%
3 2317
-26.1%
4 1919
0.0%
5+ 97
-22.2%

Number of Homes Sold

Oct 2022Nov 2022%
138-38.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hilltown Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
28 Days40 Days+39.2%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hilltown Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hilltown Township, PA

There are 45 homes are for sale in Hilltown Township, PA real estate market. The number of listings in Hilltown Township, PA decreased by 15.1% between October 2022 and November 2022. In November 2022 median list price was $466,000 and the average listing age was 40 days. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 27.3%, prices of 3 bedrooms properties increased by 17.6%, 4 bedrooms properties became 7.4% more expensive, prices of 5 bedrooms properties went down by 17.5%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 26.1%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes went down by 22.2%. Over 3 listings were sold over their listed price in November 2022 in Hilltown Township, PA. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price.

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