Is Manchester, 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, Manchester has remained a Seller's Market.
Housing Prices in Manchester, NH
How much do homes in Manchester, NH cost?
Median Sold Price
$392,000
$274/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Manchester was $392,000 in March 2024, up 6.2% from last month, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $167K | -27.4% |
2 Bedrooms | $255K | $335.7K | +31.7% |
3 Bedrooms | $415K | $429K | +3.4% |
4 Bedrooms | $406.5K | $385K | -5.3% |
5+ Bedrooms | $300K | $389K | +29.7% |
Summary: Manchester housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 27.4%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 29.7%.
Median Sold Price Compared To Nearby Cities
Goffstown | $475K | $585K | +23.2% |
Bedford | $592.4K | $676.3K | +14.2% |
Manchester | $369K | $392K | +6.2% |
Auburn | $512.4K | $535K | +4.4% |
Housing Supply in Manchester, NH
How many homes are available in Manchester, NH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
138 | 127 | -8.0% |
Summary: The Manchester real estate market had 127 homes for sale in March 2024, a 8.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 44 | 39 | -11.4% |
3 Bedrooms | 63 | 56 | -11.1% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Manchester 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 11.4%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 56 | +12.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Manchester in March 2024, up by 12.0% month-over-month. Of the 56 sold homes, 23% were sold under asking, 16% were sold at asking, and 61% were sold over asking.
Days on Market for Manchester, NH
How long does it take to sell a home in Manchester, NH?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 Days | 26 Days | +103.8% |
Summary: Homes in Manchester had an average of 26 days on market in Mar 2024, up by 103.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 56 homes were sold in Manchester; 2% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.