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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Derry is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Derry, NH

How much do homes in Derry, NH cost?

Median Sold Price

$490,000

$291/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$30,000(+6.5%)

Key Takeaway

Homes in Derry have sold for 6.5% more than they did a month ago.

Summary: The median home sold price in Derry was $490,000 in November 2024, up 6.5% from last month, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$245K
N/A
2 $369K$335K
-9.2%
3 $509.9K$532.7K
+4.5%
4 $721K$729.4K
+1.2%
5+ --
N/A

Summary: Derry 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 decreased by 9.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Windham
+9.4%
Derry
+6.5%
Hampstead
-4.3%
Chester
-5.0%
Sandown
-21.7%

Housing Supply in Derry, NH

How many homes are available in Derry, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8176-6.2%

Summary: The Derry real estate market had 76 homes for sale in November 2024, a 6.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 68
+33.3%
2 2322
-4.3%
3 3829
-23.7%
4 1214
+16.7%
5+ 23
+50.0%

Summary: The Derry housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1627+68.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Derry, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Derry in November 2024, up by 68.8% month-over-month. Of the 27 sold homes, 19% were sold under asking, 15% were sold at asking, and 67% were sold over asking.

Days on Market for Derry, NH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
49 Days8 Days-83.8%

Summary: Homes in Derry had an average of 8 days on market in Nov 2024, down by 83.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Derry are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in Derry; 4% 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 17 Days Ago

Newest Listings in Derry, NH

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