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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amherst is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Amherst was a Buyer's Market.

Key Takeaway

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

Housing Prices in Amherst, NH

How much do homes in Amherst, NH cost?

Median Sold Price

$635,000

$235/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$181,250(+39.9%)

Key Takeaway

Homes in Amherst have sold for 39.9% more than they did a month ago.

Summary: The median home sold price in Amherst was $635,000 in November 2024, up 39.9% from last month, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $452.5K$490K
+8.3%
3 $438K$595K
+35.8%
4 $527K$725K
+37.6%
5+ --
N/A

Summary: Amherst housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Amherst
+39.9%
Bedford
+11.9%
Milford
-4.2%
Merrimack
-17.7%

Housing Supply in Amherst, NH

How many homes are available in Amherst, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2935+20.7%

Summary: The Amherst real estate market had 35 homes for sale in November 2024, a 20.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1114
+27.3%
4 1314
+7.7%
5+ 11
0.0%

Summary: The Amherst housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
413+225.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amherst, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Amherst in November 2024, up by 225.0% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% were sold over asking.

Days on Market for Amherst, NH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Amherst, NH

Nearby Markets to Amherst, NH

What housing markets are near Amherst, NH?