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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nottingham is a seller's market

Buyer's
Market

Difference Since September 2021

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.

How much do homes in Nottingham, MD cost?

Median Sold Price

$283,625

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$14,291(+5.3%)

Key Takeaway

Homes in Nottingham have sold for 5.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $134.5K$154K
+14.5%
2 $180K$198K
+10.0%
3 $265K$280K
+5.7%
4 $348.5K$370K
+6.2%
5+ $398K$420K
+5.5%

Median Sold Price Compared To Nearby Cities

Perry Hall
+7.4%
Parkville
+5.8%
Nottingham
+5.3%
White Marsh
+3.2%
Glen Arm
-2.9%

How many homes are available in Nottingham, MD?

Number of Homes For Sale

Aug 2022Sep 2022%
124119-4.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 12
+100.0%
2 1510
-33.3%
3 7673
-3.9%
4 2828
0.0%
5+ 46
+50.0%

Number of Homes Sold

Aug 2022Sep 2022%
4241-2.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nottingham, you could pay more than the asking price. 41.5% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
12 Days16 Days+33.1%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

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

About Nottingham, MD

Homes for sale in Nottingham, MD have reached 119. The number of listings in Nottingham, MD decreased by 4% between August 2022 and September 2022. While the average time on the market in September 2022 was 16 days, the median list price was $283,625. This housing market listing prices have changed between August 2022 and September 2022: the cost of 1 bedroom properties went up by 14.5%, 2 bedrooms properties became 10% more expensive, 3 bedrooms properties became 5.7% more expensive, prices of 4 bedrooms properties increased by 6.2%, prices of 5 bedrooms properties increased by 5.5%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 100%, volume of 2 bedrooms homes went down by 33.3%, number of 3 bedrooms homes decreased by 3.9%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes increased by 50%. In September 2022, from all listings sold in Nottingham, MD there were more than 17 sold above asking price, over 15 sold below and more than 9 were sold right at the asked price.

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