$10,000 Closing Credit*
$949,900
3,488 SqFt
4 Beds
•2 Full Baths, 1 Partial
Frank Destito, Listing Office: BHG Masiello Hollis
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.
Key Takeaway
Merrimack is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Merrimack, NH
How much do homes in Merrimack, NH cost?
Median Sold Price
$440,000
$257/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$94,500(-17.7%)
Key Takeaway
Homes in Merrimack have sold for 17.7% less than they did a month ago.
Summary: The median home sold price in Merrimack was $440,000 in November 2024, down 17.7% from last month, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225K | N/A |
| 2 Bedrooms | $367.5K | $360K | -2.0% |
| 3 Bedrooms | $575K | $457.5K | -20.4% |
| 4 Bedrooms | $619.4K | $672.5K | +8.6% |
| 5+ Bedrooms | - | $565K | N/A |
Summary: Merrimack 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 2%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes increased by 8.6%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 49 | -14.0% |
Summary: The Merrimack real estate market had 49 homes for sale in November 2024, a 14.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 20 | 17 | -15.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Merrimack housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 29 | +81.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merrimack, you could pay more than the asking price. 58.6% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Merrimack in November 2024, up by 81.3% month-over-month. Of the 29 sold homes, 21% were sold under asking, 21% were sold at asking, and 59% were sold over asking.
Days on Market for Merrimack, NH
How long does it take to sell a home in Merrimack, NH?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 19 Days | +280.0% |
Summary: Homes in Merrimack had an average of 19 days on market in Nov 2024, up by 280% 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
Key Takeaway
Many homes in Merrimack are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Merrimack; 3% 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.
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