Is Hatfield Township, 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 Township has remained a Seller's Market.
Housing Prices in Hatfield Township, PA
How much do homes in Hatfield Township, PA cost?
Median Sold Price
$458,750
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hatfield Township was $458,750 in April 2024, down 1.8% 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 | $400K | $460K | +15.0% |
3 Bedrooms | $380K | $400.5K | +5.4% |
4 Bedrooms | $575K | $525K | -8.7% |
5+ Bedrooms | $886.7K | $590.8K | -33.4% |
Summary: Hatfield Township 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 15%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 33.4%.
Median Sold Price Compared To Nearby Cities
Lansdale | $410K | $414.9K | +1.2% |
Colmar | $517.5K | $515.5K | -0.4% |
Hatfield Township | $467K | $458.7K | -1.8% |
Hatfield | $490K | $460K | -6.1% |
Housing Supply in Hatfield Township, PA
How many homes are available in Hatfield Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 47 | 0.0% |
Summary: The Hatfield Township real estate market had 47 homes for sale in April 2024, the same as 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 | 21 | 16 | -23.8% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hatfield Township 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 23.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hatfield Township in April 2024, up by 7.1% month-over-month. Of the 15 sold homes, 20% were sold under asking, 27% were sold at asking, and 53% were sold over asking.
Days on Market for Hatfield Township, PA
How long does it take to sell a home in Hatfield Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 52 Days | +214.8% |
Summary: Homes in Hatfield Township had an average of 52 days on market in Apr 2024, up by 214.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Hatfield Township; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.