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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northfield is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Northfield was a Buyer's Market.

Key Takeaway

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

Housing Prices in Northfield, NH

How much do homes in Northfield, NH cost?

Median Sold Price

$332,000

$239/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$150,000(-31.1%)

Key Takeaway

Homes in Northfield have sold for 31.1% less than they did a month ago.

Summary: The median home sold price in Northfield was $332,000 in March 2024, down 31.1% from last month, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$284K
N/A
3 $482K$349K
-27.6%
4 --
N/A
5+ --
N/A

Summary: Northfield 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 decreased by 27.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tilton
+42.0%
Franklin
-6.0%
Northfield
-31.1%

Housing Supply in Northfield, NH

How many homes are available in Northfield, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
109-10.0%

Summary: The Northfield real estate market had 9 homes for sale in March 2024, a 10.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 65
-16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Northfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northfield, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Northfield in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Northfield, NH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Northfield, NH

Nearby Markets to Northfield, NH

What housing markets are near Northfield, NH?