$6,174 Closing Credit*
$519,900
2,279 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jeff Roland, Listing Office: BHHS Fox & Roach-Kennett Sq
Is Nottingham Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Nottingham Township has remained a Seller's Market.
Key Takeaway
Nottingham Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nottingham Township, PA
How much do homes in Nottingham Township, PA cost?
Median Sold Price
$422,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$22,500(+5.6%)
Key Takeaway
Homes in Nottingham Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Nottingham Township was $422,500 in August 2024, up 5.6% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $387.9K | $247.5K | -36.2% |
| 3 Bedrooms | $379.4K | $390K | +2.8% |
| 4 Bedrooms | $537.5K | $460K | -14.4% |
| 5+ Bedrooms | $290K | $789.9K | +172.4% |
Summary: Nottingham Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 172.4%.
Median Sold Price Compared To Nearby Cities
| Union Township | $196.5K | $215.5K | +9.7% |
| Nottingham Township | $400K | $422.5K | +5.6% |
| Venetia | $550K | $580K | +5.5% |
| Eighty Four | $400K | $421K | +5.3% |
| Peters Township | $476.5K | $500K | +4.9% |
Housing Supply in Nottingham Township, PA
How many homes are available in Nottingham Township, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The Nottingham Township real estate market had 26 homes for sale in August 2024, a 3.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Nottingham Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nottingham Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Nottingham Township in August 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Nottingham Township, PA
How long does it take to sell a home in Nottingham Township, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 32 Days | 16 Days | -51.4% |
Summary: Homes in Nottingham Township had an average of 16 days on market in Aug 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nottingham Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Nottingham Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
