Is Nottingham Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Nottingham Township has remained a Seller's Market.
Key Takeaway
Nottingham Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nottingham Township, PA
How much do homes in Nottingham Township, PA cost?
Median Sold Price
$400,000
$200/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Nottingham Township has remained the same since last year.
Summary: The median home sold price in Nottingham Township was $400,000 in April 2024, the same as last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $243K | -21.6% |
| 3 Bedrooms | $367.4K | $378.6K | +3.0% |
| 4 Bedrooms | $495K | $467.5K | -5.6% |
| 5+ Bedrooms | $487.5K | $649.4K | +33.2% |
Summary: Nottingham Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
| Eighty Four | $355K | $399.1K | +12.4% |
| Venetia | $545.5K | $580K | +6.3% |
| Union Township | $205K | $215K | +4.9% |
| Nottingham Township | $400K | $400K | 0.0% |
| Peters Township | $495K | $460K | -7.1% |
Housing Supply in Nottingham Township, PA
How many homes are available in Nottingham Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Nottingham Township real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Nottingham Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nottingham Township, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Nottingham Township in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Nottingham Township, PA
How long does it take to sell a home in Nottingham Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 38 Days | -37.9% |
Summary: Homes in Nottingham Township had an average of 38 days on market in Apr 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Nottingham Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Nottingham Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
