Is 03848, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 03848 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 03848 was a Buyer's Market.

Key Takeaway

03848 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 03848, NH

How much do homes in 03848, NH cost?

Median Sold Price

$575,000

$288/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$80,000(-12.2%)

Key Takeaway

Homes in 03848 have sold for 12.2% less than they did a month ago.

Summary: The median home sold price in 03848 was $575,000 in December 2024, down 12.2% from last month, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$565K
N/A
3 $655K$575K
-12.2%
4 -$762K
N/A
5+ --
N/A

Summary: 03848 housing prices by bedroom type for December 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 decreased by 12.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

03826
+12.4%
03848
-12.2%
03833
-24.2%

Housing Supply in 03848, NH

How many homes are available in 03848, NH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2321-8.7%

Summary: The 03848 real estate market had 21 homes for sale in December 2024, a 8.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 67
+16.7%
3 128
-33.3%
4 23
+50.0%
5+ 11
0.0%

Summary: The 03848 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 03848, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 03848 in December 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 03848, NH

How long does it take to sell a home in 03848, NH?

Breakdown of Home Sale Times

2 Homes Were 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 03848 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 03848; 40% 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 14 Days Ago

Newest Listings in 03848, NH

Nearby Markets to 03848, NH