Is Hilltown 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, Hilltown Township has remained a Seller's Market.
Housing Prices in Hilltown Township, PA
How much do homes in Hilltown Township, PA cost?
Median Sold Price
$492,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hilltown Township was $492,000 in April 2024, down 4.5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $589.9K | N/A |
3 Bedrooms | $415.2K | $422.5K | +1.7% |
4 Bedrooms | $595K | $652.5K | +9.7% |
5+ Bedrooms | $635K | $540K | -15.0% |
Summary: Hilltown 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 did not change, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
Perkasie | $425K | $431.5K | +1.5% |
Hilltown Township | $515K | $492K | -4.5% |
Housing Supply in Hilltown Township, PA
How many homes are available in Hilltown Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Summary: The Hilltown Township real estate market had 27 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Hilltown 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 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hilltown Township in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Hilltown Township, PA
How long does it take to sell a home in Hilltown Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 128 Days | +2858.5% |
Summary: Homes in Hilltown Township had an average of 128 days on market in Apr 2024, up by 2858.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Hilltown Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.