Is Merrimack County, 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 County has remained a Seller's Market.
Key Takeaway
Merrimack County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Merrimack County, NH
How much do homes in Merrimack County, NH cost?
Median Sold Price
$420,750
$255/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Merrimack County have sold for 9.3% more than they did a month ago.
Summary: The median home sold price in Merrimack County was $420,750 in March 2024, up 9.3% from last month, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $327K | +30.8% |
| 2 Bedrooms | $307.7K | $350.7K | +14.0% |
| 3 Bedrooms | $370K | $458.7K | +24.0% |
| 4 Bedrooms | $617.2K | $502K | -18.7% |
| 5+ Bedrooms | $694.9K | $508.5K | -26.8% |
Summary: Merrimack County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 24%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes decreased by 26.8%.
Median Sold Price Compared To Nearby Counties
| Sullivan County | $315K | $415K | +31.7% |
| Merrimack County | $384.9K | $420.7K | +9.3% |
| Hillsborough County | $465K | $479.9K | +3.2% |
| Strafford County | $427K | $410K | -4.0% |
Housing Supply in Merrimack County, NH
How many homes are available in Merrimack County, NH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 239 | 266 | +11.3% |
Summary: The Merrimack County real estate market had 266 homes for sale in March 2024, a 11.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 57 | 58 | +1.8% |
| 3 Bedrooms | 109 | 135 | +23.9% |
| 4 Bedrooms | 58 | 57 | -1.7% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Merrimack County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 23.9%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 62 | 88 | +41.9% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merrimack County, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.
Summary: A total of 88 homes were sold or pending in Merrimack County in March 2024, up by 41.9% month-over-month. Of the 88 sold homes, 25% were sold under asking, 16% were sold at asking, and 59% were sold over asking.
Days on Market for Merrimack County, NH
How long does it take to sell a home in Merrimack County, NH?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 Days | 14 Days | +180.0% |
Summary: Homes in Merrimack County had an average of 14 days on market in Mar 2024, up by 180% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Merrimack County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 88 homes were sold in Merrimack County; 2% 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.
© 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.