Is Hatfield, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hatfield has remained a Seller's Market.
Housing Prices in Hatfield, PA
How much do homes in Hatfield, PA cost?
Median Sold Price
$460,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hatfield was $460,000 in April 2024, down 6.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $213K | $480K | +125.4% |
3 Bedrooms | $410K | $405K | -1.2% |
4 Bedrooms | $588.4K | $525K | -10.8% |
5+ Bedrooms | $975K | $591.6K | -39.3% |
Summary: Hatfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 125.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 39.3%.
Median Sold Price Compared To Nearby Cities
Hatfield Township | $467K | $458.7K | -1.8% |
Hatfield | $490K | $460K | -6.1% |
Housing Supply in Hatfield, PA
How many homes are available in Hatfield, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 41 | -8.9% |
Summary: The Hatfield real estate market had 41 homes for sale in April 2024, a 8.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 20 | 14 | -30.0% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hatfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hatfield in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 27% were sold under asking, 27% were sold at asking, and 47% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 57 Days | +535.6% |
Summary: Homes in Hatfield had an average of 57 days on market in Apr 2024, up by 535.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Hatfield; 80% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.