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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Nottingham Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in West Nottingham Township, PA

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

Median Sold Price

$160,000

$89/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$275,000(-63.2%)

Key Takeaway

Homes in West Nottingham Township have sold for 63.2% less than they did a month ago.

Summary: The median home sold price in West Nottingham Township was $160,000 in October 2024, down 63.2% from last month, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $415K$160K
-61.4%
4 $435K-
N/A
5+ $2.6M-
N/A

Summary: West Nottingham Township housing prices by bedroom type for October 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 decreased by 61.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lower Oxford Township
-30.0%
West Nottingham Township
-63.2%

Housing Supply in West Nottingham Township, PA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The West Nottingham Township real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 43
-25.0%
5+ 10
-100.0%

Summary: The West 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 decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Nottingham Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in West Nottingham Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Nottingham Township, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
20 Days5 Days-75.8%

Summary: Homes in West Nottingham Township had an average of 5 days on market in Oct 2024, down by 75.8% compared to last month.

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 West Nottingham Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in West 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 West Nottingham Township, PA

Nearby Markets to West Nottingham Township, PA