Is Hatfield, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hatfield is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hatfield, PA

How much do homes in Hatfield, PA cost?

Median Sold Price

$465,000

$239/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Hatfield has remained the same since last year.

Summary: The median home sold price in Hatfield was $465,000 in November 2024, the same as last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $470K$460K
-2.1%
3 $405K$437.5K
+8.0%
4 $562.5K$524.5K
-6.8%
5+ $591.6K$585K
-1.1%

Summary: Hatfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Cities

Hatfield
0.0%
Hatfield Township
-0.9%

Housing Supply in Hatfield, PA

How many homes are available in Hatfield, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4944-10.2%

Summary: The Hatfield real estate market had 44 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1310
-23.1%
3 1513
-13.3%
4 1514
-6.7%
5+ 67
+16.7%

Summary: The Hatfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1321+61.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hatfield, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Hatfield in November 2024, up by 61.5% month-over-month. Of the 21 sold homes, 14% were sold under asking, 24% were sold at asking, and 62% 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

Nov 2023Nov 2024CHANGE
18 Days22 Days+23.0%

Summary: Homes in Hatfield had an average of 22 days on market in Nov 2024, up by 23% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in Hatfield; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Hatfield, PA

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