Is 03038, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 03038 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 03038 has remained a Seller's Market.

Key Takeaway

03038 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 03038, NH

How much do homes in 03038, NH cost?

Median Sold Price

$361,400

$263/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$28,600(-7.3%)

Key Takeaway

Homes in 03038 have sold for 7.3% less than they did a month ago.

Summary: The median home sold price in 03038 was $361,400 in March 2024, down 7.3% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $390K$243.4K
-37.6%
2 $407.5K$334.5K
-17.9%
3 $357.5K$490K
+37.1%
4 $754.4K$815K
+8.0%
5+ --
N/A

Summary: 03038 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 37.6%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 37.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

03873
+65.5%
03841
+10.2%
03038
-7.3%
03053
-17.6%
03087
-38.0%

Housing Supply in 03038, NH

How many homes are available in 03038, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4757+21.3%

Summary: The 03038 real estate market had 57 homes for sale in March 2024, a 21.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 43
-25.0%
2 1518
+20.0%
3 1826
+44.4%
4 109
-10.0%
5+ 01
+100.0%

Summary: The 03038 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
924+166.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 03038, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 03038 in March 2024, up by 166.7% month-over-month. Of the 24 sold homes, 13% were sold under asking, 21% were sold at asking, and 67% were sold over asking.

Days on Market for 03038, NH

How long does it take to sell a home in 03038, NH?

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 03038 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 24 homes were sold in 03038; 8% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in 03038, NH

Nearby Markets to 03038, NH