Is 03842, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 03842 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 03842 was a Buyer's Market.

Key Takeaway

03842 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 03842, NH

How much do homes in 03842, NH cost?

Median Sold Price

$569,900

$412/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,900(+0.9%)

Key Takeaway

Homes in 03842 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 03842 was $569,900 in March 2024, up 0.9% from last year, and the median price per square foot was $412.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $270.4K$299K
+10.6%
2 $469.5K$456.2K
-2.8%
3 $609.9K$710K
+16.4%
4 $672.5K$893.5K
+32.9%
5+ $815K$831K
+2.0%

Summary: 03842 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 2%.

Housing Supply in 03842, NH

How many homes are available in 03842, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4956+14.3%

Summary: The 03842 real estate market had 56 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1316
+23.1%
2 1319
+46.2%
3 1310
-23.1%
4 77
0.0%
5+ 34
+33.3%

Summary: The 03842 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 46.2%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 03842, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 03842 in March 2024, down by 26.7% month-over-month. Of the 11 sold homes, 27% were sold under asking, 36% were sold at asking, and 36% were sold over asking.

Days on Market for 03842, NH

How long does it take to sell a home in 03842, NH?

Average Sale Time

Mar 2023Mar 2024CHANGE
13 Days1 Day-92.3%

Summary: Homes in 03842 had an average of 1 days on market in Mar 2024, down by 92.3% compared to last year.

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 03842 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 11 homes were sold in 03842; 9% 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 03842, NH

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