$7,895 Closing Credit*
$664,800
2,118 SqFt
3 Beds
•2 Full Baths
Henry P Jacquelin, Listing Office: Quinn & Wilson, Inc.
Is Hatboro, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hatboro has remained a Seller's Market.
Key Takeaway
Hatboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hatboro, PA
How much do homes in Hatboro, PA cost?
Median Sold Price
$412,500
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,500(-0.4%)
Key Takeaway
The sold price of homes in Hatboro has remained the same since last year.
Summary: The median home sold price in Hatboro was $412,500 in October 2024, down 0.4% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | - | N/A |
| 2 Bedrooms | $226.5K | $280K | +23.6% |
| 3 Bedrooms | $394K | $380.2K | -3.5% |
| 4 Bedrooms | $465K | $483K | +3.9% |
| 5+ Bedrooms | $487K | $600K | +23.2% |
Summary: Hatboro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 23.2%.
Median Sold Price Compared To Nearby Cities
| Upper Moreland Township | $386.2K | $427.5K | +10.7% |
| Warminster Township | $425K | $457K | +7.5% |
| Warminster | $426K | $457K | +7.3% |
| Horsham | $391K | $411.2K | +5.2% |
| Hatboro | $414K | $412.5K | -0.4% |
Housing Supply in Hatboro, PA
How many homes are available in Hatboro, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 39 | -4.9% |
Summary: The Hatboro real estate market had 39 homes for sale in October 2024, a 4.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 23 | 18 | -21.7% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Hatboro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hatboro, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Hatboro in October 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for Hatboro, PA
How long does it take to sell a home in Hatboro, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 23 Days | +60.6% |
Summary: Homes in Hatboro had an average of 23 days on market in Oct 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hatboro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Hatboro; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
