Is Pelham, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pelham has remained a Seller's Market.
Housing Prices in Pelham, NH
How much do homes in Pelham, NH cost?
Median Sold Price
$865,000
$268/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Pelham was $865,000 in May 2024, up 51.8% from last month, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $860K | N/A |
3 Bedrooms | $516K | $880K | +70.5% |
4 Bedrooms | $1.0M | $840K | -17.8% |
5+ Bedrooms | - | $735K | N/A |
Summary: Pelham housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 70.5%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pelham | $569.9K | $865K | +51.8% |
Hudson | $525K | $598.4K | +14.0% |
Windham | $1.7M | $800K | -55.2% |
Housing Supply in Pelham, NH
How many homes are available in Pelham, NH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 41 | +7.9% |
Summary: The Pelham real estate market had 41 homes for sale in May 2024, a 7.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 11 | 16 | +45.5% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Pelham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Pelham in May 2024, up by 20.0% month-over-month. Of the 12 sold homes, 0% were sold under asking, 8% were sold at asking, and 92% were sold over asking.
Days on Market for Pelham, NH
How long does it take to sell a home in Pelham, NH?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 Days | 8 Days | -66.0% |
Summary: Homes in Pelham had an average of 8 days on market in May 2024, down by 66% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Pelham; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.