$549,000
0.12 Acres
Land
Bethany Marston, Listing Office: Homequest Real Estate, LLC
Is Concord, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$402,500
$265/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$22,500(-5.3%)
Key Takeaway
Homes in Concord have sold for 5.3% less than they did a month ago.
Summary: The median home sold price in Concord was $402,500 in November 2024, down 5.3% from last month, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $236K | -5.6% |
| 2 Bedrooms | $334.2K | $376K | +12.5% |
| 3 Bedrooms | $486K | $440K | -9.5% |
| 4 Bedrooms | $600K | $405K | -32.5% |
| 5+ Bedrooms | - | $555K | N/A |
Summary: Concord housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 32.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bow | $599.9K | $696.9K | +16.2% |
| Concord | $425K | $402.5K | -5.3% |
| Suncook | $510K | $403K | -21.0% |
| Contoocook | $729K | $517.4K | -29.0% |
Housing Supply in Concord, NH
How many homes are available in Concord, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 91 | -4.2% |
Summary: The Concord real estate market had 91 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 34 | 29 | -14.7% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Concord housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 40 | +90.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Concord, you could pay more than the asking price. 57.5% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Concord in November 2024, up by 90.5% month-over-month. Of the 40 sold homes, 25% were sold under asking, 18% were sold at asking, and 57% were sold over asking.
Days on Market for Concord, NH
We’re sorry, we don't have information for this market at the moment
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