$1,995 Closing Credit*
$168,000
1,260 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jennifer Stewart, Listing Office: RE/MAX Northern Edge Realty LLC
Is Berlin, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Berlin was a Neutral Market.
Key Takeaway
Berlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin, NH
How much do homes in Berlin, NH cost?
Median Sold Price
$180,000
$119/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$90,000(-33.3%)
Key Takeaway
Homes in Berlin have sold for 33.3% less than they did a month ago.
Summary: The median home sold price in Berlin was $180,000 in November 2024, down 33.3% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $177.5K | N/A |
| 3 Bedrooms | $270K | $149.9K | -44.5% |
| 4 Bedrooms | $248.5K | $196K | -21.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Berlin 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 did not change, 3 bedroom homes decreased by 44.5%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Milan | $380K | $365K | -3.9% |
| Berlin | $270K | $180K | -33.3% |
| Gorham | $189K | $73.5K | -61.1% |
Housing Supply in Berlin, NH
How many homes are available in Berlin, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 36 | -5.3% |
Summary: The Berlin real estate market had 36 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Berlin 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 20%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Berlin in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Berlin, NH
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.