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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concord is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Concord has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Concord, NH

How much do homes in Concord, NH cost?

Median Sold Price

$435,000

$254/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$35,000(+8.8%)

Key Takeaway

Homes in Concord have sold for 8.8% more than they did a month ago.

Summary: The median home sold price in Concord was $435,000 in December 2024, up 8.8% from last month, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $236K$124.9K
-47.1%
2 $376K$378.1K
+0.6%
3 $440K$460K
+4.5%
4 $412K$610K
+48.1%
5+ $555K$590K
+6.3%

Summary: Concord housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 47.1%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Cities

Concord
+8.8%
Suncook
+1.7%
Pembroke
-11.4%
Bow
-18.2%
Contoocook
-28.5%

Housing Supply in Concord, NH

How many homes are available in Concord, NH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
9060-33.3%

Summary: The Concord real estate market had 60 homes for sale in December 2024, a 33.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 34
+33.3%
2 3424
-29.4%
3 3619
-47.2%
4 139
-30.8%
5+ 44
0.0%

Summary: The Concord housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 47.2%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3929-25.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Concord, you could pay more than the asking price. 48.3% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Concord in December 2024, down by 25.6% month-over-month. Of the 29 sold homes, 31% were sold under asking, 21% were sold at asking, and 48% were sold over asking.

Days on Market for Concord, 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 4 Days Ago

Newest Listings in Concord, NH

Nearby Markets to Concord, NH