Is Berlin, 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, Berlin has remained a Seller's Market.
Key Takeaway
Berlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin, NH
How much do homes in Berlin, NH cost?
Median Sold Price
$181,500
$149/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Berlin have sold for 20% more than they did a month ago.
Summary: The median home sold price in Berlin was $181,500 in March 2024, up 20% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189K | $172.7K | -8.6% |
| 3 Bedrooms | $151.2K | $186K | +23.0% |
| 4 Bedrooms | - | $234K | N/A |
| 5+ Bedrooms | $108K | $180K | +66.7% |
Summary: Berlin 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 8.6%, 3 bedroom homes increased by 23%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 66.7%.
Median Sold Price Compared To Nearby Cities
| Milan | $215K | $434K | +101.9% |
| Berlin | $151.2K | $181.5K | +20.0% |
| Gorham | $365K | $278.6K | -23.7% |
Housing Supply in Berlin, NH
How many homes are available in Berlin, NH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 36 | +9.1% |
Summary: The Berlin real estate market had 36 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Berlin 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 increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Berlin in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Berlin, NH
We’re sorry, we don't have information for this market at the moment
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