Is Merrimack, 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, Merrimack has remained a Seller's Market.
Housing Prices in Merrimack, NH
How much do homes in Merrimack, NH cost?
Median Sold Price
$560,000
$266/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Merrimack was $560,000 in May 2024, down 1.4% from last month, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232.5K | - | N/A |
2 Bedrooms | $472.5K | $386.5K | -18.2% |
3 Bedrooms | $625K | $572.5K | -8.4% |
4 Bedrooms | - | $684K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Merrimack housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Merrimack, NH
How many homes are available in Merrimack, NH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 71 | +44.9% |
Summary: The Merrimack real estate market had 71 homes for sale in May 2024, a 44.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 22 | 38 | +72.7% |
4 Bedrooms | 9 | 15 | +66.7% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Merrimack housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 72.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 31 | +158.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Merrimack in May 2024, up by 158.3% month-over-month. Of the 31 sold homes, 6% were sold under asking, 3% were sold at asking, and 90% were sold over asking.
Days on Market for Merrimack, NH
We’re sorry, we don't have information for this market at the moment