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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newmarket is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Newmarket was a Buyer's Market.

Key Takeaway

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

Housing Prices in Newmarket, NH

How much do homes in Newmarket, NH cost?

Median Sold Price

$500,000

$286/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$150,000(-23.1%)

Key Takeaway

Homes in Newmarket have sold for 23.1% less than they did a month ago.

Summary: The median home sold price in Newmarket was $500,000 in November 2024, down 23.1% from last month, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$652.2K
N/A
2 $615K$390.5K
-36.5%
3 $650K$490K
-24.6%
4 $1.2M$711.2K
-43.1%
5+ --
N/A

Summary: Newmarket 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 36.5%, 3 bedroom homes decreased by 24.6%, 4 bedroom homes decreased by 43.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Newfields
+76.2%
Stratham
+14.7%
Newmarket
-23.1%
Lee
-26.6%

Housing Supply in Newmarket, NH

How many homes are available in Newmarket, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24240.0%

Summary: The Newmarket real estate market had 24 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 56
+20.0%
3 1211
-8.3%
4 65
-16.7%
5+ 00
0.0%

Summary: The Newmarket housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
311+266.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newmarket, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Newmarket in November 2024, up by 266.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for Newmarket, NH

We’re sorry, we don't have information for this market at the moment

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 Newmarket, NH

Nearby Markets to Newmarket, NH