Is Pelham, 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, Pelham has remained a Seller's Market.
Key Takeaway
Pelham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pelham, NH
How much do homes in Pelham, NH cost?
Median Sold Price
$500,000
$312/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Pelham have sold for 22.5% less than they did a month ago.
Summary: The median home sold price in Pelham was $500,000 in March 2024, down 22.5% from last month, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $554.9K | $455K | -18.0% |
| 3 Bedrooms | - | $500K | N/A |
| 4 Bedrooms | $987.5K | $876.5K | -11.2% |
| 5+ Bedrooms | $645K | - | N/A |
Summary: Pelham 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 decreased by 18%, 3 bedroom homes did not change, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hudson | $593.7K | $492K | -17.1% |
| Pelham | $645K | $500K | -22.5% |
| Windham | $1.2M | $755K | -38.0% |
Housing Supply in Pelham, NH
How many homes are available in Pelham, NH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 37 | +37.0% |
Summary: The Pelham real estate market had 37 homes for sale in March 2024, a 37.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 7 | 13 | +85.7% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pelham 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 increased by 33.3%, 3 bedroom homes increased by 85.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pelham, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Pelham in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Pelham, 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.