The story of this market
The typical home in ZIP 19362 sells for about $525,000, or $226 per square foot.
Prices are up +31.25% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,144 a month.
ZIP 19362 — Nottingham
The 19362 housing market is characterized by low inventory and strong price appreciation, driven by demand for rural residential properties. While median prices have risen significantly, the market remains competitive with a limited supply of homes for sale. Figures for months of supply and specific closed sales counts are based on current market activity reports.
This ZIP is best suited for families and individuals seeking a rural lifestyle with larger lot sizes, while still maintaining access to regional employment hubs via major highway corridors.
Median prices moved up 31.3% year over year.
Homes spend a median of 37 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 7.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 19362, Chester County PA
Nottingham is a rural community in Chester County with crime rates significantly lower than the national average, primarily consisting of property-related incidents.
Schools serving the area are part of the Octorara Area School District, which generally maintains moderate performance ratings within the regional context.
The area is subject to standard regional risks including seasonal flooding in low-lying areas and occasional severe wind events; wildfire risk is considered low.
Economic momentum is driven by proximity to regional employment hubs in Lancaster and Chester counties, with limited new residential development maintaining a rural character.
Property taxes are levied by Chester County, the local township, and the Octorara Area School District, with rates determined by annual assessments and local millage adjustments.
Residents primarily rely on personal vehicles for commutes, with access to US-1 providing connections to major employment centers in the Philadelphia metro area.
The area features access to local parks and rural trails, with proximity to the Octorara Creek for outdoor activities and basic shopping services in nearby Oxford.
The rental market is limited in depth, primarily consisting of single-family home rentals with low vacancy pressure and minimal short-term rental activity.
The local economy is a mix of agriculture, small-scale manufacturing, and service-sector employment, with many residents commuting to larger regional hubs.
Transportation is heavily dependent on private vehicles; public transit options are minimal, requiring reliance on regional highway networks.
Development is strictly managed by township zoning, focusing on preserving agricultural land and limiting high-density residential projects.
The Chester County Assessment Office manages property valuations, with assessments typically lagging behind current market values.
Parcels are subject to Octorara Area School District taxes and local township levies; no major MUDs or PIDs are prevalent.
Property insurance premiums are stable, reflecting the area's low risk profile for major natural disasters.
Nottingham experiences steady, modest population growth driven by families moving from more dense suburban areas.
Pennsylvania is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA 19362 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large regional park offering hiking trails, picnic areas, and open space.
Provides local opportunities for fishing and nature observation.
Key-figure check: median price corroborated by the published ten-year series (2023) (within 12.5%).