Is Nottingham, 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, Nottingham was a Neutral Market.
Housing Prices in Nottingham, PA
How much do homes in Nottingham, PA cost?
Median Sold Price
$402,500
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nottingham was $402,500 in March 2024, down 3.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $417.9K | $243K | -41.9% |
3 Bedrooms | $380.5K | $389.7K | +2.4% |
4 Bedrooms | $459K | $457.5K | -0.3% |
5+ Bedrooms | $710K | $649.4K | -8.5% |
Summary: Nottingham 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 decreased by 41.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
Little Britain Township | $350K | $461.5K | +31.9% |
East Nottingham Township | $425K | $435K | +2.4% |
Nottingham | $416.9K | $402.5K | -3.5% |
Housing Supply in Nottingham, PA
How many homes are available in Nottingham, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Summary: The Nottingham real estate market had 11 homes for sale in March 2024, a 21.4% decrease compared to 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 | 3 | 4 | +33.3% |
4 Bedrooms | 8 | 5 | -37.5% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Nottingham 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 33.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Nottingham in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Nottingham, PA
How long does it take to sell a home in Nottingham, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
8 Days | 3 Days | -62.5% |
Summary: Homes in Nottingham had an average of 3 days on market in Mar 2024, down by 62.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Nottingham; 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.