Real Estate Market Update for Horsham, PA

Video: Real Estate Community Tour for Horsham, PA

See Real estate community tour for Horsham, PA
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 4% from one year earlier, and up 31% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 450-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 35%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 270-thousand dollars. The number of units sold decreased 14% year-over-year, and increased 19% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Horsham, PA
Area Information for Horsham, PA
  • Population: 15,032
  • Median Age: 40.94 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 2,748/sq mi
  • Population Change Since 2000: 2.92%
  • Closest Airport: Philadelphia International
  • Closest College: Penn State Abington College
  • Closest Jr. College: Manor College
  • Median Household Income: $72,001
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $244,500
  • Closest Major Sports Team: Philadelphia 76ers
  • Change Avg. Household Income Since 2000: 33.58%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Horsham, PA
Median Age: 40.94 Married: 42% Number of Households: 5,955 Households with Children: 1,817
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Horsham, PA

      School Name Distance Type Grades School Rating Parent Rating
      Kiddie Academy Of Horsham 0.7 mi Private PRESCHOOL-K 0 0
      Hatboro-horsham Senior High School 1.0 mi Public 9-12 4 4
      Hallowell El School 1.1 mi Public K-5 4 0
      Goddard School Of Horsham 1.1 mi Private - 0 0
      Simmons El School 1.2 mi Public PRESCHOOL-5 5 5
      The Quaker School At Horsham 1.3 mi Private K-9 0 0
      Keith Valley Middle School 1.3 mi Public 6-8 5 3
      Horsham Montessori Children House 1.5 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Horsham, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.