Is East Nottingham Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, East Nottingham Township was a Buyer's Market.
Key Takeaway
East Nottingham Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Nottingham Township, PA
How much do homes in East Nottingham Township, PA cost?
Median Sold Price
$435,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Nottingham Township have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in East Nottingham Township was $435,000 in March 2024, up 2.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $252K | N/A |
| 3 Bedrooms | $375.5K | $422.5K | +12.5% |
| 4 Bedrooms | $438.2K | $445K | +1.5% |
| 5+ Bedrooms | $480.9K | $479.5K | -0.3% |
Summary: East Nottingham Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Oxford | $340K | $412.5K | +21.3% |
| East Nottingham Township | $425K | $435K | +2.4% |
| Nottingham | $416.9K | $402.5K | -3.5% |
Housing Supply in East Nottingham Township, PA
How many homes are available in East Nottingham Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The East Nottingham Township real estate market had 18 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Nottingham Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Nottingham Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in East Nottingham Township in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Nottingham Township, PA
How long does it take to sell a home in East Nottingham Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 8 Days | -62.7% |
Summary: Homes in East Nottingham Township had an average of 8 days on market in Mar 2024, down by 62.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Nottingham Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in East Nottingham Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
