$4,900,000
4.57 Acres
Land
Tony Jalbert, Listing Office: Tate & Foss Sotheby's International Rlty
Is Rye, 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, Rye has remained a Seller's Market.
Key Takeaway
Rye is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rye, NH
How much do homes in Rye, NH cost?
Median Sold Price
$860,000
$542/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$1,140,000(-57.0%)
Key Takeaway
Homes in Rye have sold for 57% less than they did a month ago.
Summary: The median home sold price in Rye was $860,000 in November 2024, down 57% from last month, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $905K | $789.9K | -12.7% |
| 3 Bedrooms | $1.6M | $915K | -42.8% |
| 4 Bedrooms | $3.8M | - | N/A |
| 5+ Bedrooms | $8.3M | $2.9M | -65.3% |
Summary: Rye 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 12.7%, 3 bedroom homes decreased by 42.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 65.3%.
Median Sold Price Compared To Nearby Cities
| North Hampton | $903.5K | $1.0M | +19.9% |
| Portsmouth | $857.4K | $816.5K | -4.8% |
| Rye | $2.0M | $860K | -57.0% |
Housing Supply in Rye, NH
How many homes are available in Rye, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Rye real estate market had 26 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Rye housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rye, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Rye in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Rye, NH
We’re sorry, we don't have information for this market at the moment
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