Is Merrimack, 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, Merrimack has remained a Seller's Market.
Key Takeaway
Merrimack is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Merrimack, NH
How much do homes in Merrimack, NH cost?
Median Sold Price
$434,950
$256/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Merrimack have sold for 16% more than they did a month ago.
Summary: The median home sold price in Merrimack was $434,950 in March 2024, up 16% from last month, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $355K | +7.6% |
| 3 Bedrooms | $470K | $469.9K | 0% |
| 4 Bedrooms | $740K | $659K | -10.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Merrimack 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 increased by 7.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes did not change.
Housing Supply in Merrimack, NH
How many homes are available in Merrimack, NH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 52 | +10.6% |
Summary: The Merrimack real estate market had 52 homes for sale in March 2024, a 10.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 21 | 20 | -4.8% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merrimack housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 20 | +81.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merrimack, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Merrimack in March 2024, up by 81.8% month-over-month. Of the 20 sold homes, 5% were sold under asking, 15% were sold at asking, and 80% were sold over asking.
Days on Market for Merrimack, NH
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.