$10,000 Closing Credit*
$1,650,000
2,211 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73320694, Joshua Pacheco, Listing Office: Red Post Realty, LLC
Is Portsmouth, 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, Portsmouth has remained a Seller's Market.
Key Takeaway
Portsmouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Portsmouth, NH
How much do homes in Portsmouth, NH cost?
Median Sold Price
$816,500
$471/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$40,950(-4.8%)
Key Takeaway
Homes in Portsmouth have sold for 4.8% less than they did a month ago.
Summary: The median home sold price in Portsmouth was $816,500 in November 2024, down 4.8% from last month, and the median price per square foot was $471.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $757.7K | $705K | -7.0% |
| 3 Bedrooms | $1.3M | $808K | -38.8% |
| 4 Bedrooms | $1.6M | $3.1M | +88.2% |
| 5+ Bedrooms | - | $2.3M | N/A |
Summary: Portsmouth 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 7%, 3 bedroom homes decreased by 38.8%, 4 bedroom homes increased by 88.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Portsmouth | $857.4K | $816.5K | -4.8% |
| Newington | $2.0M | $1.3M | -32.5% |
Housing Supply in Portsmouth, NH
How many homes are available in Portsmouth, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 78 | -4.9% |
Summary: The Portsmouth real estate market had 78 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 30 | 25 | -16.7% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Portsmouth 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 16.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portsmouth, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Portsmouth in November 2024, up by 12.5% month-over-month. Of the 18 sold homes, 28% were sold under asking, 33% were sold at asking, and 39% were sold over asking.
Days on Market for Portsmouth, NH
We’re sorry, we don't have information for this market at the moment
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