Chalfont, PA—18914
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chalfont, PA
As of Nov '25, the median home price in Chalfont, PA is $595,000, with a year-over-year change of 2.9%. This indicates that home prices in Chalfont, PA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $595,000 | 2.9% |
| Single Family | $606,000 | 2.9% |
| Condos | $329,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $348,000 | 3.6% |
3 Bed | $508,000 | 3.3% |
4 Bed | $747,000 | 3.5% |
| 5 Bed | $941,386 | 2.6% |
% of Housing Stock
Rental Trends — Chalfont, PA
As of July '25, Rentcast reports the average rent in Chalfont, PA is $2,660, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Chalfont, PA is 1-bedrooms: $1,650, 2-bedrooms: $2,550, 3-bedrooms: $3,120, 4-bedrooms: $4,000. The most common rental property sizes in Chalfont, PA are 2-bedroom and 1-bedroom, accounting for 34.8% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,710 | $2,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,650 |
| 2 Bed Rent | $2,580 | $2,550 |
| 3 Bed Rent | $3,000 | $3,120 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Chalfont, PA
As of Nov '25, Realtor.com reports that the median days on market for a home in Chalfont, PA is 42. This is a decrease of -33.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $680,000 | -5.0% |
Listing Count | 67 | -16.0% |
| Listings as % of Homes | 0.5% | -16.0% |
Days on Market | 42 | -33.0% |
Demographics — Chalfont, PA
As of the latest ACS Survey released in 2023, Chalfont, PA has a population of 21,400, which has remained stable by 1.0% over the past 5 years. Chalfont, PA is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 55.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,400 | 1.0% |
% Under 18 | 21.2% | -11.7% |
% Seniors | 15.6% | 20.9% |
% WFH | 21.9% | 236.9% |
% w/ College Degree | 55.6% | 9.7% |
As of the latest ACS Survey released in 2023, Chalfont, PA is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Chalfont, PA is asian, making up 5.6% of the population. Foreign-born residents account for 8.1% of the population in Chalfont, PA, and this percentage has decreased by 6.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.9% | -3.5% |
% Black | 3.7% | 131.2% |
% Hispanic | 3.5% | 34.6% |
% Asian | 5.6% | -18.8% |
% Foreign Born | 8.1% | -6.9% |
Mortgage and Risk — Chalfont, PA
According to HUD data as of 2023, there were 551 mortgage originations in Chalfont, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Chalfont, PA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 551 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Chalfont, PA
As of 2024, the percent of homes in Chalfont, PA under the Section 8 program is 0.8%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Chalfont, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $570 | $1,500 | $2,070 |
| 2 Bedroom | -$110 | $2,580 | $2,470 |
| 3 Bedroom | -$20 | $3,000 | $2,980 |
| 4 Bedroom | -$620 | $4,000 | $3,380 |
Affordability — Chalfont, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $595,000 |
| Median Household Income | $148,000 |