$625,000
42.00 Acres
Land
Michele Daniels, Listing Office: BHHS Verani Belmont
Is Merrimack County, 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 County has remained a Seller's Market.
Key Takeaway
Merrimack County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Merrimack County, NH
How much do homes in Merrimack County, NH cost?
Median Sold Price
$440,000
$259/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$30,000(-6.4%)
Key Takeaway
Homes in Merrimack County have sold for 6.4% less than they did a month ago.
Summary: The median home sold price in Merrimack County was $440,000 in November 2024, down 6.4% from last month, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $300K | +20.0% |
| 2 Bedrooms | $349.2K | $372.5K | +6.7% |
| 3 Bedrooms | $486K | $478.5K | -1.5% |
| 4 Bedrooms | $497.5K | $620K | +24.6% |
| 5+ Bedrooms | $1.2M | $685K | -42.9% |
Summary: Merrimack County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes decreased by 42.9%.
Median Sold Price Compared To Nearby Counties
| Strafford County | $422K | $460K | +9.0% |
| Belknap County | $495K | $485K | -2.0% |
| Hillsborough County | $485K | $475K | -2.1% |
| Sullivan County | $380K | $366K | -3.7% |
| Merrimack County | $470K | $440K | -6.4% |
Housing Supply in Merrimack County, NH
How many homes are available in Merrimack County, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 401 | 378 | -5.7% |
Summary: The Merrimack County real estate market had 378 homes for sale in November 2024, a 5.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 99 | 91 | -8.1% |
| 3 Bedrooms | 185 | 172 | -7.0% |
| 4 Bedrooms | 89 | 84 | -5.6% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Merrimack County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 141 | +54.9% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
67 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merrimack County, you could pay more than the asking price. 47.5% of homes here sold above asking price last month.
Summary: A total of 141 homes were sold or pending in Merrimack County in November 2024, up by 54.9% month-over-month. Of the 141 sold homes, 36% were sold under asking, 16% were sold at asking, and 48% were sold over asking.
Days on Market for Merrimack County, NH
How long does it take to sell a home in Merrimack County, NH?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 41 Days | +78.3% |
Summary: Homes in Merrimack County had an average of 41 days on market in Nov 2024, up by 78.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Merrimack County has remained consistent over time.
Summary: During November 2024, 141 homes were sold in Merrimack County; 0% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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