The story of this market
The typical home in ZIP 19040 sells for about $449,000, or $268 per square foot.
Prices are up +11.6% from a year ago, so sellers still have some momentum. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,710 a month.
ZIP 19040 — Hatboro
The 19040 housing market is highly competitive, characterized by low inventory and consistent price appreciation. Strong demand from families and commuters, coupled with limited supply, continues to drive the median sale price upward.
This ZIP is ideal for families seeking high-performing schools and commuters who value direct rail access to Philadelphia while maintaining a suburban lifestyle.
Median prices moved up 11.6% year over year.
Homes spend a median of 30 days on market with 2.5 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 4.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 19040, Montgomery County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Hatboro generally maintains a lower crime rate compared to the broader Philadelphia metropolitan area, with property crime being the primary concern in the region.
The area is served by the Hatboro-Horsham School District, which is consistently rated highly for its academic performance and college readiness programs.
The region faces moderate risks from heavy rainfall and localized flooding, typical of southeastern Pennsylvania, with standard insurance requirements for flood zones.
Economic momentum is driven by proximity to the Philadelphia employment core and local commercial development along the York Road corridor.
Property taxes in Montgomery County are levied by the county, the Hatboro-Horsham School District, and the Borough of Hatboro, with assessments managed by the county's Board of Assessment Appeals.
Residents benefit from access to the SEPTA Regional Rail (Warminster Line) providing direct transit to Center City Philadelphia, alongside major highway access via the Pennsylvania Turnpike.
The area features numerous local parks including Miller Meadow and Pennypack Park, with extensive shopping and dining options concentrated along the historic York Road commercial district.
The rental market is currently experiencing significant upward pressure on pricing with low vacancy rates, driven by high demand for suburban housing near transit hubs.
The local economy is anchored by healthcare, education, and professional services, with many residents commuting to the broader Philadelphia business hubs.
The area is well-connected via the SEPTA Warminster Line and proximity to the Pennsylvania Turnpike, facilitating regional mobility.
Ongoing efforts focus on the revitalization of the downtown commercial corridor and transit-oriented residential development.
Montgomery County utilizes a county-wide assessment system with periodic reassessments to ensure tax equity across municipalities.
Parcels are subject to Montgomery County, Hatboro-Horsham School District, and Borough of Hatboro tax levies.
Property insurance premiums are stable but reflect regional exposure to storm-related risks common in the Mid-Atlantic.
Data retrieved from Census Reporter and data.census.gov profiles for ZCTA 19040.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Popular local green space for recreation and community events.
The primary commercial artery featuring a mix of local businesses and restaurants.
Extensive trail system providing regional outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.