Nottingham, MD—21236
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nottingham, MD
As of Oct '25, the median home price in Nottingham, MD is $331,000, with a year-over-year change of 3.5%. This indicates that home prices in Nottingham, MD are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $331,000 | 3.5% |
| Single Family | $343,000 | 3.3% |
| Condos | $227,000 | 1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $238,000 | 2.1% |
3 Bed | $321,000 | 3.2% |
4 Bed | $421,000 | 1.7% |
| 5 Bed | $493,000 | 1.0% |
% of Housing Stock
Rental Trends — Nottingham, MD
As of July '25, Rentcast reports the average rent in Nottingham, MD is $2,110, with a year-over-year rent change of 9.9%. Per bedroom, the median rent as of July '25 in Nottingham, MD is studios: $1,200, 1-bedrooms: $1,460, 2-bedrooms: $1,790, 3-bedrooms: $2,330, 4-bedrooms: $2,630. The most common rental property sizes in Nottingham, MD are 2-bedroom and 1-bedroom, accounting for 50.7% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,180 | $2,110 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,420 | $1,460 |
| 2 Bed Rent | $1,750 | $1,790 |
| 3 Bed Rent | $2,300 | $2,330 |
| 4 Bed Rent | $2,400 | $2,630 |
% of Rental Stock
Property Listings — Nottingham, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Nottingham, MD is 30. This is a increase of 51.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $364,000 | 10.0% |
Listing Count | 99 | 30.0% |
| Listings as % of Homes | 0.3% | 30.0% |
Days on Market | 30 | 51.0% |
Demographics — Nottingham, MD
As of the latest ACS Survey released in 2023, Nottingham, MD has a population of 39,700, which has increased by 2.8% over the past 5 years. Nottingham, MD is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 40.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,700 | 2.8% |
% Under 18 | 22.2% | 2.8% |
% Seniors | 17.3% | 21.0% |
% WFH | 13.7% | 495.7% |
% w/ College Degree | 40.0% | 3.1% |
As of the latest ACS Survey released in 2023, Nottingham, MD is a predominantly white area, with 55.7% of the population identifying as white. The white population has shrunk by 16.7% in the last 5 years. The second most common race or ethnicity in Nottingham, MD is black, making up 19.5% of the population. Foreign-born residents account for 17.0% of the population in Nottingham, MD, and this percentage has increased by 40.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.7% | -16.7% |
% Black | 19.5% | 4.8% |
% Hispanic | 5.6% | 133.3% |
% Asian | 15.8% | 66.3% |
% Foreign Born | 17.0% | 40.5% |
Mortgage and Risk — Nottingham, MD
According to HUD data as of 2023, there were 570 mortgage originations in Nottingham, MD, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Nottingham, MD. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 570 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Nottingham, MD
As of 2024, the percent of homes in Nottingham, MD under the Section 8 program is 10.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Nottingham, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 648 |
Total Units Section 8 | 515 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,420 | $1,600 |
| 2 Bedroom | $210 | $1,750 | $1,960 |
| 3 Bedroom | $220 | $2,300 | $2,520 |
| 4 Bedroom | $420 | $2,400 | $2,820 |
Affordability — Nottingham, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $331,000 |
| Median Household Income | $92,100 |