Is Rockingham 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, Rockingham County has remained a Seller's Market.
Key Takeaway
Rockingham County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rockingham County, NH
How much do homes in Rockingham County, NH cost?
Median Sold Price
$614,592
$326/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Rockingham County have sold for 4.3% more than they did a month ago.
Summary: The median home sold price in Rockingham County was $614,592 in May 2024, up 4.3% from last month, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $309.9K | $320K | +3.3% |
| 2 Bedrooms | $513.9K | $515K | 0.2% |
| 3 Bedrooms | $556.9K | $595K | +6.8% |
| 4 Bedrooms | $1.0M | $862.4K | -20.0% |
| 5+ Bedrooms | $1.1M | $1.4M | +21.8% |
Summary: Rockingham County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Counties
| Hillsborough County | $485K | $510K | +5.2% |
| Rockingham County | $589K | $614.5K | +4.3% |
| Strafford County | $484K | $500K | +3.3% |
| Merrimack County | $500K | $446K | -10.8% |
Housing Supply in Rockingham County, NH
How many homes are available in Rockingham County, NH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 791 | 1,095 | +38.4% |
Summary: The Rockingham County real estate market had 1,095 homes for sale in May 2024, a 38.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 54 | 49 | -9.3% |
| 2 Bedrooms | 240 | 308 | +28.3% |
| 3 Bedrooms | 294 | 445 | +51.4% |
| 4 Bedrooms | 169 | 249 | +47.3% |
| 5+ Bedrooms | 34 | 44 | +29.4% |
Summary: The Rockingham County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.3%, 2 bedroom homes increased by 28.3%, 3 bedroom homes increased by 51.4%, 4 bedroom homes increased by 47.3%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 155 | 338 | +118.1% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
65 Homes Were Sold
At Asking
198 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockingham County, you could pay more than the asking price. 58.6% of homes here sold above asking price last month.
Summary: A total of 338 homes were sold or pending in Rockingham County in May 2024, up by 118.1% month-over-month. Of the 338 sold homes, 22% were sold under asking, 19% were sold at asking, and 59% were sold over asking.
Days on Market for Rockingham County, NH
How long does it take to sell a home in Rockingham County, NH?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 26 Days | -47.6% |
Summary: Homes in Rockingham County had an average of 26 days on market in May 2024, down by 47.6% compared to last month.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rockingham County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 338 homes were sold in Rockingham County; 6% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. 