Is East Nottingham Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Nottingham Township was a Seller's Market.
Housing Prices in East Nottingham Township, PA
How much do homes in East Nottingham Township, PA cost?
Median Sold Price
$450,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Nottingham Township was $450,000 in May 2024, up 7.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $261K | +18.6% |
3 Bedrooms | $386K | $425.4K | +10.2% |
4 Bedrooms | $430K | $450K | +4.7% |
5+ Bedrooms | $460K | $450K | -2.2% |
Summary: East Nottingham Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Cities
Oxford | $375K | $425K | +13.3% |
East Nottingham Township | $417.4K | $450K | +7.8% |
Housing Supply in East Nottingham Township, PA
How many homes are available in East Nottingham Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Summary: The East Nottingham Township real estate market had 20 homes for sale in May 2024, a 42.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 3 | 10 | +233.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Nottingham Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 233.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in East Nottingham Township in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 3 Days | -79.0% |
Summary: Homes in East Nottingham Township had an average of 3 days on market in May 2024, down by 79% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 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.