Nottingham Housing Market Update: Prices Edge Up, Inventory Holds Steady
Nottingham, MD – March 8, 2026 – Home values tick up 1.8% year-over-year as inventory sits near 77 listings and homes go pending in about 17 days.
Top Takeaways
- Typical home value is about $331K, up 1.8% year-over-year.
- Roughly 77 homes are listed, with a median 17 days to pending.
- Median sale price is near $305K; median list price is about $346K.
- About 37% of homes recently sold above list price.
- Average 1-bedroom rent is around $1,490 per month.
Market Snapshot
Home values in Nottingham, MD continue to post modest annual gains. The typical home value is approximately $331,000, reflecting a 1.8% increase from a year ago. While price growth is measured, buyer activity remains steady. Homes are going pending in a median of 17 days, signaling that well-priced properties are still attracting timely interest.
Inventory stands at about 77 active listings, with 29 new listings added in the most recent monthly update. This level of supply suggests a relatively balanced environment, though competition persists in certain price segments.
The median sale price is near $305,000, compared with a median list price of about $346,000. Notably, around 37% of homes sold above list price in the latest reporting period, indicating that select homes continue to draw multiple offers or strong bidding activity.
What’s for Sale
Current listings reflect a mix of property types and price points, offering options for a range of budgets:
- Condos typically priced from the mid-$100Ks to mid-$200Ks.
- Townhomes commonly listed near $300K.
- Single-family homes often ranging from the mid-$300Ks to the upper-$400Ks and beyond.
Some sellers have implemented price reductions, suggesting sensitivity to affordability and buyer expectations. Pricing strategy appears to be an important factor in how quickly homes move from active to pending status.
Rental Trends
The rental market remains relatively stable. The average rent for a one-bedroom unit is about $1,490 per month. Year-over-year changes are reported as relatively flat to slightly up, depending on the data source. Compared with sharper rent fluctuations in prior years, current conditions point to steadier pricing.
Overall, Nottingham’s housing market shows moderate value growth, steady inventory, and continued buyer engagement in select segments. Both buyers and sellers are navigating a market defined by measured appreciation and focused competition.