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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, East Nottingham Township was a Seller's Market.

Key Takeaway

East Nottingham Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Nottingham Township, PA

How much do homes in East Nottingham Township, PA cost?

Median Sold Price

$464,950

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$36,950(+8.6%)

Key Takeaway

Homes in East Nottingham Township have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in East Nottingham Township was $464,950 in October 2024, up 8.6% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $261K$243K
-6.9%
3 $412.5K$427.5K
+3.6%
4 $430K$485K
+12.8%
5+ $509K$450K
-11.6%

Summary: East Nottingham Township housing prices by bedroom type for October 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 3.6%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Cities

Oxford
+9.9%
East Nottingham Township
+8.6%
Nottingham
+7.0%

Housing Supply in East Nottingham Township, PA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1318+38.5%

Summary: The East Nottingham Township real estate market had 18 homes for sale in October 2024, a 38.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 310
+233.3%
5+ 20
-100.0%

Summary: The East Nottingham Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 233.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East 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 2 homes were sold or pending in East Nottingham Township in October 2024, down by 60.0% 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 East Nottingham Township, PA

How long does it take to sell a home in East Nottingham Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days8 Days-80.4%

Summary: Homes in East Nottingham Township had an average of 8 days on market in Oct 2024, down by 80.4% 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

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 October 2024, 2 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.

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

Report Updated 16 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?