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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rye is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rye was a Buyer's Market.

Key Takeaway

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

Housing Prices in Rye, NH

How much do homes in Rye, NH cost?

Median Sold Price

$1,425,000

$385/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$2,175,000(-60.4%)

Key Takeaway

Homes in Rye have sold for 60.4% less than they did a month ago.

Summary: The median home sold price in Rye was $1,425,000 in March 2024, down 60.4% from last month, and the median price per square foot was $385.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$1.4M
N/A
3 --
N/A
4 $3.6M$1.5M
-58.3%
5+ --
N/A

Summary: Rye 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 did not change, 4 bedroom homes decreased by 58.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Castle
-2.0%
Rye
-60.4%

Housing Supply in Rye, NH

How many homes are available in Rye, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1715-11.8%

Summary: The Rye real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 11
0.0%
3 65
-16.7%
4 54
-20.0%
5+ 33
0.0%

Summary: The Rye 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 decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rye, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Rye in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Rye, 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 27 Days Ago

Newest Listings in Rye, NH

Nearby Markets to Rye, NH

What housing markets are near Rye, NH?