Is 03051, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 03051 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 03051 has remained a Seller's Market.

Key Takeaway

03051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 03051, NH

How much do homes in 03051, NH cost?

Median Sold Price

$492,000

$263/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$101,750(-17.1%)

Key Takeaway

Homes in 03051 have sold for 17.1% less than they did a month ago.

Summary: The median home sold price in 03051 was $492,000 in March 2024, down 17.1% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $675.9K$550K
-18.6%
3 $465K$467.5K
0.5%
4 $632.5K$750K
+18.6%
5+ -$492K
N/A

Summary: 03051 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

03064
-1.6%
03051
-17.1%
03076
-22.5%
03060
-23.1%
03087
-38.0%

Housing Supply in 03051, NH

How many homes are available in 03051, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5947-20.3%

Summary: The 03051 real estate market had 47 homes for sale in March 2024, a 20.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1415
+7.1%
3 2420
-16.7%
4 157
-53.3%
5+ 64
-33.3%

Summary: The 03051 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 53.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 03051, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 03051 in March 2024, down by 5.6% month-over-month. Of the 17 sold homes, 18% were sold under asking, 24% were sold at asking, and 59% were sold over asking.

Days on Market for 03051, NH

How long does it take to sell a home in 03051, NH?

Average Sale Time

Feb 2024Mar 2024CHANGE
5 Days4 Days-27.3%

Summary: Homes in 03051 had an average of 4 days on market in Mar 2024, down by 27.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 03051 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in 03051; 6% 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 27 Days Ago

Newest Listings in 03051, NH

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