Hatboro, PA—19040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hatboro, PA
As of Oct '25, the median home price in Hatboro, PA is $431,000, with a year-over-year change of 1.0%. This indicates that home prices in Hatboro, PA are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $431,000 | 1.0% |
| Single Family | $436,000 | 0.7% |
| Condos | $340,000 | -3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $337,000 | 0.6% |
3 Bed | $410,000 | 0.7% |
4 Bed | $511,000 | 2.0% |
| 5 Bed | $559,000 | 2.2% |
% of Housing Stock
Rental Trends — Hatboro, PA
As of July '25, Rentcast reports the average rent in Hatboro, PA is $2,460, with a year-over-year rent change of 20.0%. Per bedroom, the median rent as of July '25 in Hatboro, PA is 1-bedrooms: $2,140, 2-bedrooms: $2,700, 3-bedrooms: $2,810, 4-bedrooms: $3,000. The most common rental property sizes in Hatboro, PA are 1-bedroom and 2-bedroom, accounting for 41.6% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,510 | $2,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,300 | $2,140 |
| 2 Bed Rent | $2,870 | $2,700 |
| 3 Bed Rent | $2,800 | $2,810 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Hatboro, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hatboro, PA is 16. This is a decrease of -41.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $449,000 | -2.0% |
Listing Count | 42 | 26.0% |
| Listings as % of Homes | 0.3% | 26.0% |
Days on Market | 16 | -41.0% |
Demographics — Hatboro, PA
As of the latest ACS Survey released in 2023, Hatboro, PA has a population of 21,900, which has increased by 6.2% over the past 5 years. Hatboro, PA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 37.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,900 | 6.2% |
% Under 18 | 20.8% | -2.8% |
% Seniors | 19.1% | 2.1% |
% WFH | 15.2% | 237.8% |
% w/ College Degree | 37.6% | 7.4% |
As of the latest ACS Survey released in 2023, Hatboro, PA is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Hatboro, PA is hispanic, making up 4.3% of the population. Foreign-born residents account for 7.3% of the population in Hatboro, PA, and this percentage has increased by 7.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.3% | -3.2% |
% Black | 3.7% | 42.3% |
% Hispanic | 4.3% | -24.6% |
% Asian | 2.9% | 31.8% |
% Foreign Born | 7.3% | 7.4% |
Mortgage and Risk — Hatboro, PA
According to HUD data as of 2023, there were 407 mortgage originations in Hatboro, PA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Hatboro, PA. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 407 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Hatboro, PA
As of 2024, the percent of homes in Hatboro, PA under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hatboro, PA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 200 |
Total Units Section 8 | 200 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 87.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$600 | $2,300 | $1,700 |
| 2 Bedroom | -$840 | $2,870 | $2,030 |
| 3 Bedroom | -$350 | $2,800 | $2,450 |
| 4 Bedroom | -$220 | $3,000 | $2,780 |
Affordability — Hatboro, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $431,000 |
| Median Household Income | $109,000 |