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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stratham is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Stratham was a Buyer's Market.

Key Takeaway

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

Housing Prices in Stratham, NH

How much do homes in Stratham, NH cost?

Median Sold Price

$823,000

$328/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$83,000(+11.2%)

Key Takeaway

Homes in Stratham have sold for 11.2% more than they did a month ago.

Summary: The median home sold price in Stratham was $823,000 in August 2024, up 11.2% from last month, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 -$570K
N/A
3 $740K$823K
+11.2%
4 -$1.4M
N/A
5+ --
N/A

Summary: Stratham housing prices by bedroom type for August 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 increased by 11.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Stratham, NH

How many homes are available in Stratham, NH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1113+18.2%

Summary: The Stratham real estate market had 13 homes for sale in August 2024, a 18.2% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 22
0.0%
2 13
+200.0%
3 65
-16.7%
4 12
+100.0%
5+ 11
0.0%

Summary: The Stratham housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stratham, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stratham in August 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Stratham, NH

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

Average Sale Time

Jul 2024Aug 2024CHANGE
3 Days26 Days+766.7%

Summary: Homes in Stratham had an average of 26 days on market in Aug 2024, up by 766.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 6 homes were sold in Stratham; 17% 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.

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

Report Updated 19 Days Ago

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