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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hatfield Township is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Hatfield Township, PA

How much do homes in Hatfield Township, PA cost?

Median Sold Price

$464,160

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$840(-0.2%)

Key Takeaway

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

Summary: The median home sold price in Hatfield Township was $464,160 in December 2024, down 0.2% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $470K$455K
-3.2%
3 $400K$423.7K
+5.9%
4 $536K$550K
+2.6%
5+ $591.6K$727K
+22.9%

Summary: Hatfield Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Cities

Lansdale
+9.3%
Hatfield
0.3%
Hatfield Township
-0.2%

Housing Supply in Hatfield Township, PA

How many homes are available in Hatfield Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4021-47.5%

Summary: The Hatfield Township real estate market had 21 homes for sale in December 2024, a 47.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 83
-62.5%
3 136
-53.8%
4 149
-35.7%
5+ 53
-40.0%

Summary: The Hatfield Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 62.5%, 3 bedroom homes decreased by 53.8%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
227-68.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hatfield Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Hatfield Township in December 2024, down by 68.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

Dec 2023Dec 2024CHANGE
15 Days29 Days+90.5%

Summary: Homes in Hatfield Township had an average of 29 days on market in Dec 2024, up by 90.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 7 homes were sold in Hatfield Township; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Hatfield Township, PA

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