The story of this market
The typical home in ZIP 19040 sells for about $467,000, or $240 per square foot.
Prices are up +1.8% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,170 a month.
ZIP 19040 — Hatboro
The 19040 housing market is currently a competitive seller's market with limited inventory and steady price appreciation. While median sale prices have seen modest year-over-year growth, the market remains constrained by low supply. Figures for specific metrics like vacancy rates and recent migration are based on historical census data as current ZCTA-level updates are not available.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with access to regional rail and established school systems.
Median prices moved up 1.8% year over year.
Homes spend a median of 28 days on market with 2.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 6.0% — a stable, low-distress profile.
ZCTA 19040, Montgomery County PA
The area is served by the Hatboro-Horsham School District, which is generally well-regarded in the region.
The area is a mature suburban community with limited new large-scale development, primarily focused on infill and local business activity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Pennsylvania) — Homestead/Farmstead Exclusion: Formula: (Assessed Value - Exclusion Amount) × Tax Rate = Tax Owed. Exclusion amount varies by school district and county. State (Pennsylvania) — Property Tax Assessment: Tax = Assessed Value × Local Millage Rate (1 mill = $1 per $1,000 of assessed value).
Residents typically commute via York Road (PA-263) or the SEPTA regional rail line toward Philadelphia's employment core.
The area features local parks such as Miller Meadow and proximity to the Pennypack Trail, with shopping and dining concentrated along the York Road corridor.
The rental market is characterized by steady demand with a median two-bedroom rent of $2,170, reflecting a competitive suburban environment.
The local economy is driven by a mix of retail, small business, and professional services, with many residents commuting to larger employment hubs in Montgomery County and Philadelphia.
The area is served by SEPTA regional rail and major arterial roads including York Road, providing connectivity to the broader Philadelphia metro area.
Development is primarily focused on small-scale commercial and residential infill projects within the established borough footprint.
Montgomery County utilizes a county-wide assessment system to determine property values for tax purposes.
Parcels are subject to Hatboro-Horsham School District taxes and local municipal levies.
Data sourced from historical census profiles; current ACS estimates for specific ZCTA 19040 are limited.
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. Source: NCES EDGE public school locations 2023-24.
Local community park space.
Regional trail system accessible nearby for recreation.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).