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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nottingham is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Nottingham has remained a Seller's Market.

Key Takeaway

Nottingham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nottingham, PA

How much do homes in Nottingham, PA cost?

Median Sold Price

$408,500

$238/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$11,500(-2.7%)

Key Takeaway

Homes in Nottingham have sold for 2.7% less than they did a month ago.

Summary: The median home sold price in Nottingham was $408,500 in December 2024, down 2.7% from last month, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K$468.5K
+24.9%
4 $465K$407.5K
-12.4%
5+ --
N/A

Summary: Nottingham housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 24.9%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Little Britain Township
+19.8%
Nottingham
-2.7%
West Nottingham Township
-12.2%
Fulton Township
-16.9%

Housing Supply in Nottingham, PA

How many homes are available in Nottingham, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
119-18.2%

Summary: The Nottingham real estate market had 9 homes for sale in December 2024, a 18.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 75
-28.6%
5+ 00
0.0%

Summary: The Nottingham housing inventory by bedroom type for December 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 decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nottingham, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Nottingham in December 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2024Dec 2024CHANGE
21 Days28 Days+32.6%

Summary: Homes in Nottingham had an average of 28 days on market in Dec 2024, up by 32.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Nottingham; 50% of homes were sold within 30 days, 50% 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 1 Day Ago

Newest Listings in Nottingham, PA

Nearby Markets to Nottingham, PA