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 October 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

$461,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-1.1%)

Key Takeaway

Homes in Hatfield have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Hatfield was $461,000 in October 2024, down 1.1% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $440K$460K
+4.5%
3 $405K$450K
+11.1%
4 $565K$515K
-8.8%
5+ $591.6K$696K
+17.6%

Summary: Hatfield 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 4.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Cities

Hatfield Township
-1.0%
Hatfield
-1.1%

Housing Supply in Hatfield, PA

How many homes are available in Hatfield, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4946-6.1%

Summary: The Hatfield real estate market had 46 homes for sale in October 2024, a 6.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2016
-20.0%
4 1715
-11.8%
5+ 46
+50.0%

Summary: The Hatfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hatfield, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Hatfield in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 23% were sold under asking, 38% were sold at asking, and 38% 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

Oct 2023Oct 2024CHANGE
14 Days31 Days+112.9%

Summary: Homes in Hatfield had an average of 31 days on market in Oct 2024, up by 112.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 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 October 2024, 13 homes were sold in Hatfield; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 16 Days Ago

Newest Listings in Hatfield, PA

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