Is 03431, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 03431 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 03431 has remained a Seller's Market.

Key Takeaway

03431 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 03431, NH

How much do homes in 03431, NH cost?

Median Sold Price

$250,000

$237/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$84,950(-25.4%)

Key Takeaway

Homes in 03431 have sold for 25.4% less than they did a month ago.

Summary: The median home sold price in 03431 was $250,000 in March 2024, down 25.4% from last month, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$260K
N/A
2 $270K$227.5K
-15.7%
3 $327.5K$317.5K
-3.1%
4 $457.5K$160K
-65.0%
5+ $329.9K$350K
+6.1%

Summary: 03431 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 15.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 65%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

03446
-6.0%
03431
-25.4%

Housing Supply in 03431, NH

How many homes are available in 03431, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4544-2.2%

Summary: The 03431 real estate market had 44 homes for sale in March 2024, a 2.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1211
-8.3%
3 1921
+10.5%
4 109
-10.0%
5+ 32
-33.3%

Summary: The 03431 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1417+21.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 03431, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 03431 in March 2024, up by 21.4% month-over-month. Of the 17 sold homes, 29% were sold under asking, 18% were sold at asking, and 53% were sold over asking.

Days on Market for 03431, NH

How long does it take to sell a home in 03431, NH?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 03431 has remained consistent over time.

Summary: During March 2024, 17 homes were sold in 03431; 0% of homes were sold within 30 days, 6% 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 19 Days Ago

Newest Listings in 03431, NH

Nearby Markets to 03431, NH