Is 03842, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 03842 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 03842 has remained a Neutral Market.

Key Takeaway

03842 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 03842, NH

How much do homes in 03842, NH cost?

Median Sold Price

$574,500

$385/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$146,000(+34.1%)

Key Takeaway

Homes in 03842 have sold for 34.1% more than they did a month ago.

Summary: The median home sold price in 03842 was $574,500 in October 2024, up 34.1% from last month, and the median price per square foot was $385.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $299.9K$289.5K
-3.5%
2 $457K$402.5K
-11.9%
3 $630K$759.5K
+20.6%
4 -$1.1M
N/A
5+ $550K-
N/A

Summary: 03842 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 20.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 03842, NH

How many homes are available in 03842, NH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5272+38.5%

Summary: The 03842 real estate market had 72 homes for sale in October 2024, a 38.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 98
-11.1%
2 1831
+72.2%
3 1825
+38.9%
4 46
+50.0%
5+ 32
-33.3%

Summary: The 03842 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 72.2%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 03842, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 03842 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for 03842, NH

How long does it take to sell a home in 03842, NH?

Average Sale Time

Sep 2024Oct 2024CHANGE
26 Days5 Days-81.1%

Summary: Homes in 03842 had an average of 5 days on market in Oct 2024, down by 81.1% 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 03842 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 03842; 8% 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 22 Days Ago

Newest Listings in 03842, NH

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