Over the last 12 months, Nottingham Country’s real estate market has shown remarkable growth and resilience.
Average price per square foot climbed by 6.9%, reaching $159.51—a clear sign of steady appreciation in property values. At the same time, the number of sold properties dipped by 1.8%, which aligns with the broader economic uncertainties of 2024. Despite this slight decrease, the market remains healthy, supported by an increase in months of inventory to 4.5 months as of December 2024. This balanced supply provides favorable conditions for both buyers and sellers to achieve their goals. One standout indicator of the area’s strong demand is the decrease in average days on market to just 22 days.
Homes in Nottingham Country continue to attract eager buyers looking for a prime location and a close-knit community. Looking ahead to 2025, all signals suggest that Nottingham Country will maintain its upward trajectory. If you’re contemplating selling, now is an opportune time to enter this thriving market and benefit from its ongoing growth.
Price Boxes | Sold | Average list price | Average sold price | Sold price to list price ratio | Ave days on the market |
---|---|---|---|---|---|
Under $300,000 | 7 | $140.47 | $139.34 | 99% | 16 |
$300,000-$399,000 | 27 | $161.21 | $158.05 | 98% | 28 |
$400,000-$499,000 | 38 | $162.42 | $161.12 | 99% | 23 |
$500,000-$599,000 | 18 | $177.27 | $166.05 | 94% | 22 |
$600,000 & Above | 7 | $174.20 | $173.01 | 99% | 15 |