Is Nottingham, MD a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Nottingham is a seller's market


Difference Since January 2023

Since last year, Nottingham has remained a Seller's Market.

Key Takeaway

Nottingham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nottingham, MD

How much do homes in Nottingham, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Nottingham have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Nottingham was $295,500 in January 2024, up 1.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $165.5K$170K
2 $208.5K$220K
3 $285K$301K
4 $370K$409.9K
5+ $395K$509K

Summary: Nottingham housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 28.9%.

Median Sold Price Compared To Nearby Cities

Perry Hall
Glen Arm

Housing Supply in Nottingham, MD

How many homes are available in Nottingham, MD?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Nottingham real estate market had 110 homes for sale in January 2024, a 9.1% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 10
2 2520
3 6152
4 2328
5+ 1110

Summary: The Nottingham housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nottingham, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Nottingham in January 2024, down by 45.7% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.

Days on Market for Nottingham, MD

How long does it take to sell a home in Nottingham, MD?

Average Sale Time

Jan 2023Jan 2024CHANGE
22 Days23 Days+2.7%

Summary: Homes in Nottingham had an average of 23 days on market in Jan 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nottingham are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 19 homes were sold in Nottingham; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Nottingham, MD

Nearby Markets to Nottingham, MD

What housing markets are near Nottingham, MD?