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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springfield is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Springfield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Springfield, NH

How much do homes in Springfield, NH cost?

Median Sold Price

$80,000

$47/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$447,000(-84.8%)

Key Takeaway

Homes in Springfield have sold for 84.8% less than they did a month ago.

Summary: The median home sold price in Springfield was $80,000 in November 2024, down 84.8% from last month, and the median price per square foot was $47.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $510K$80K
-84.3%
4 --
N/A
5+ $544K-
N/A

Summary: Springfield 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 did not change, 3 bedroom homes decreased by 84.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grantham
-11.7%
New London
-44.6%
Springfield
-84.8%

Housing Supply in Springfield, NH

How many homes are available in Springfield, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The Springfield real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 33
0.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Springfield 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Springfield in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Springfield, 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 21 Days Ago

Newest Listings in Springfield, NH

Nearby Markets to Springfield, NH

What housing markets are near Springfield, NH?