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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nashua is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Nashua, NH

How much do homes in Nashua, NH cost?

Median Sold Price

$481,865

$272/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$21,865(+4.8%)

Key Takeaway

Homes in Nashua have sold for 4.8% more than they did a month ago.

Summary: The median home sold price in Nashua was $481,865 in March 2024, up 4.8% from last month, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $225K$210K
-6.7%
2 $361K$429.9K
+19.1%
3 $476.2K$500K
+5.0%
4 $497.5K$565K
+13.6%
5+ $1.6M$876K
-46.9%

Summary: Nashua housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 46.9%.

Median Sold Price Compared To Nearby Cities

Merrimack
+16.0%
Nashua
+4.8%
Litchfield
-0.1%
Hollis
-15.1%
Hudson
-17.1%

Housing Supply in Nashua, NH

How many homes are available in Nashua, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
122132+8.2%

Summary: The Nashua real estate market had 132 homes for sale in March 2024, a 8.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 4646
0.0%
3 4449
+11.4%
4 2127
+28.6%
5+ 54
-20.0%

Summary: The Nashua 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 remained the same, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3647+30.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nashua, you could pay more than the asking price. 63.8% of homes here sold above asking price last month.

Summary: A total of 47 homes were sold or pending in Nashua in March 2024, up by 30.6% month-over-month. Of the 47 sold homes, 17% were sold under asking, 19% were sold at asking, and 64% were sold over asking.

Days on Market for Nashua, NH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
31 Days64 Days+108.5%

Summary: Homes in Nashua had an average of 64 days on market in Mar 2024, up by 108.5% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nashua are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 47 homes were sold in Nashua; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% 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 24 Days Ago

Newest Listings in Nashua, NH

Nearby Markets to Nashua, NH

What housing markets are near Nashua, NH?