Is Hillsborough County, 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, Hillsborough County has remained a Seller's Market.
Key Takeaway
Hillsborough County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hillsborough County, NH
How much do homes in Hillsborough County, NH cost?
Median Sold Price
$510,000
$271/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Hillsborough County have sold for 5.2% more than they did a month ago.
Summary: The median home sold price in Hillsborough County was $510,000 in May 2024, up 5.2% from last month, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $203.9K | $222.5K | +9.1% |
| 2 Bedrooms | $355K | $390K | +9.9% |
| 3 Bedrooms | $487.4K | $525K | +7.7% |
| 4 Bedrooms | $680K | $700K | +2.9% |
| 5+ Bedrooms | $585.7K | $735K | +25.5% |
Summary: Hillsborough County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 25.5%.
Median Sold Price Compared To Nearby Counties
| Hillsborough County | $485K | $510K | +5.2% |
| Rockingham County | $589K | $614.5K | +4.3% |
| Merrimack County | $500K | $446K | -10.8% |
Housing Supply in Hillsborough County, NH
How many homes are available in Hillsborough County, NH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 707 | 1,013 | +43.3% |
Summary: The Hillsborough County real estate market had 1,013 homes for sale in May 2024, a 43.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 29 | +26.1% |
| 2 Bedrooms | 175 | 233 | +33.1% |
| 3 Bedrooms | 278 | 418 | +50.4% |
| 4 Bedrooms | 194 | 281 | +44.8% |
| 5+ Bedrooms | 37 | 52 | +40.5% |
Summary: The Hillsborough County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.1%, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 50.4%, 4 bedroom homes increased by 44.8%, and 5+ bedroom homes increased by 40.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 133 | 347 | +160.9% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
253 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillsborough County, you could pay more than the asking price. 72.9% of homes here sold above asking price last month.
Summary: A total of 347 homes were sold or pending in Hillsborough County in May 2024, up by 160.9% month-over-month. Of the 347 sold homes, 14% were sold under asking, 13% were sold at asking, and 73% were sold over asking.
Days on Market for Hillsborough County, NH
How long does it take to sell a home in Hillsborough County, NH?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 Days | 44 Days | +21.1% |
Summary: Homes in Hillsborough County had an average of 44 days on market in May 2024, up by 21.1% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hillsborough County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 347 homes were sold in Hillsborough County; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
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