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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Litchfield is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Litchfield, NH

How much do homes in Litchfield, NH cost?

Median Sold Price

$676,000

$236/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$1,000(-0.1%)

Key Takeaway

The sold price of homes in Litchfield has remained the same since last month.

Summary: The median home sold price in Litchfield was $676,000 in March 2024, down 0.1% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $630K$650K
+3.2%
4 $724K$790K
+9.1%
5+ --
N/A

Summary: Litchfield 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 did not change, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Merrimack
+16.0%
Manchester
+6.2%
Litchfield
-0.1%
Londonderry
-5.7%
Hudson
-17.1%

Housing Supply in Litchfield, NH

How many homes are available in Litchfield, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
10100.0%

Summary: The Litchfield real estate market had 10 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 67
+16.7%
4 33
0.0%
5+ 00
0.0%

Summary: The Litchfield 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Litchfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Litchfield in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Litchfield, NH

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

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

Summary: During March 2024, 4 homes were sold in Litchfield; 25% 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 15 Days Ago

Newest Listings in Litchfield, NH

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What housing markets are near Litchfield, NH?