Is East Nottingham Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Nottingham Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, East Nottingham Township has remained a Seller'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

$464,900

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,400(+9.0%)

Key Takeaway

Homes in East Nottingham Township have sold for 9% more than they did a year ago.

Summary: The median home sold price in East Nottingham Township was $464,900 in November 2024, up 9% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $261K$243K
-6.9%
3 $410K$429.4K
+4.7%
4 $430K$485.5K
+12.9%
5+ $509K$450K
-11.6%

Summary: East Nottingham Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Cities

Lower Oxford Township
+16.2%
Oxford
+11.4%
East Nottingham Township
+9.0%
Nottingham
+7.5%

Housing Supply in East Nottingham Township, PA

How many homes are available in East Nottingham Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1921+10.5%

Summary: The East Nottingham Township real estate market had 21 homes for sale in November 2024, a 10.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1010
0.0%
4 99
0.0%
5+ 01
+100.0%

Summary: The East Nottingham Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 November 2024, up by 150.0% 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

Nov 2023Nov 2024CHANGE
13 Days12 Days-7.0%

Summary: Homes in East Nottingham Township had an average of 12 days on market in Nov 2024, down by 7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Nottingham Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in East Nottingham Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in East Nottingham Township, PA

Nearby Markets to East Nottingham Township, PA

What housing markets are near East Nottingham Township, PA?