Is Nottingham Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Nottingham Township has remained a Seller's Market.
Housing Prices in Nottingham Township, PA
How much do homes in Nottingham Township, PA cost?
Median Sold Price
$400,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Nottingham Township was $400,000 in February 2024, down 0.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310K | $243K | -21.6% |
3 Bedrooms | $355K | $379.3K | +6.8% |
4 Bedrooms | $520K | $465K | -10.6% |
5+ Bedrooms | $487.5K | $649.4K | +33.2% |
Summary: Nottingham Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
Nottingham Township | $400.5K | $400K | -0.1% |
Peters Township | $505K | $450.8K | -10.7% |
Housing Supply in Nottingham Township, PA
How many homes are available in Nottingham Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Nottingham Township real estate market had 18 homes for sale in February 2024, a 5.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 13 | 10 | -23.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Nottingham Township housing inventory by bedroom type for February 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 150%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Nottingham Township in February 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
30 Days | 70 Days | +133.3% |
Summary: Homes in Nottingham Township had an average of 70 days on market in Feb 2024, up by 133.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Nottingham Township; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.