New Hampshire Real Estate Trends - A New Way to Look at New Hampshire Realty
The New Hampshire Association of Realtors has released their first quarter report and with the highest quarterly sales since 2007, 2012 has started strong. The median price for New Hampshire homes is now $188,000, down from $262,000 in 2007. The state's median household income of $61,042 makes New Hampshire real estate very affordable. Vacation home sales constitute 10% of the state's total real estate transaction, making it the third most popular state for secondary homes.
With the rise in sales and the fairer weather of spring has come a matching upswing in the number of New Hampshire real estate listings. March 2012 saw a 64% increase in new condo and single family home listings over the January 2012 figures.
Despite having a relatively short coastline (only 13 miles), New Hampshire waterfront homes comprise approximately 14% of the total listings in the state and have an average listing price of $445,000. If you've always dreamed of living on the water but that price tag still seems steep, New Hampshire waterfront land has a relatively low average list price of just $215,000.
For those looking to move to the idyllic countryside but who aren't quite ready to purchase, the New Hampshire rental market has several excellent options. With 3 bedrooms and 2.5 bathrooms, the average single family home costs approximately $2,400 per month.
New Hampshire Real Estate:
Largest Increase in Listing Price
| City | 3 mo. | |
|---|---|---|
| Claremont, NH Real Estate | 11.01% | |
| Rochester, NH Real Estate | 8.17% | |
| Derry, NH Real Estate | 5.69% | |
| Laconia, NH Real Estate | 4.44% | |
| Wolfeboro, NH Real Estate | 3.60% |
New Hampshire Real Estate:
Largest Decrease in Listing Price
| City | 3 mo. | |
|---|---|---|
| Gilford, NH Real Estate | 14.04% | |
| Dover, NH Real Estate | 11.50% | |
| Concord, NH Real Estate | 8.60% | |
| Conway, NH Real Estate | 7.97% | |
| Berlin, NH Real Estate | 4.51% |
Most Expensive New Hampshire Homes for Sale by City
| City | Median $ | 3 mo. | |
|---|---|---|---|
| Wolfeboro, NH Homes for Sale | $880,335 | 3.60% | |
| Moultonborough, NH Homes for Sale | $699,227 | 2.79% | |
| Gilford, NH Homes for Sale | $646,754 | 14.04% | |
| Alton, NH Homes for Sale | $628,245 | 0.17% | |
| Windham, NH Homes for Sale | $485,424 | 2.94% |
Least Expensive New Hampshire Homes for Sale by City
| City | Median $ | 3 mo. | |
|---|---|---|---|
| Berlin, NH Homes for Sale | $92,894 | 4.51% | |
| Claremont, NH Homes for Sale | $144,558 | 11.01% | |
| Belmont, NH Homes for Sale | $166,259 | 0.87% | |
| Rochester, NH Homes for Sale | $169,347 | 8.17% | |
| Manchester, NH Homes for Sale | $220,195 | 3.50% |
Top 5 New Hampshire Cities for Families
| City | Homes with Children |
Crime vs. Natl. Avg. |
|---|---|---|
| Amherst, NH Local Info | 41.00% | 0.04 |
| Bedford, NH Local Info | 41.00% | 0.05 |
| Londonderry, NH Local Info | 41.00% | 0.92 |
| Derry, NH Local Info | 38.00% | 1.58 |
| Nashua, NH Local Info | 31.00% | 0.72 |
Top 5 New Hampshire Cities for Singles
| City | Unmarried | Female to Male |
|---|---|---|
| Durham, NH Local Info | 88.00% | 59% / 41% |
| Keene, NH Local Info | 65.00% | 53% / 47% |
| Manchester, NH Local Info | 63.00% | 50% / 50% |
| Portsmouth, NH Local Info | 63.00% | 51% / 49% |
| Concord, NH Local Info | 62.00% | 51% / 49% |
Largest Increase in Listing Price Methodology
This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage increase in median listing prices for single family homes over a three month period.
Largest Decrease in Listing Price Methodology
This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage decrease in median listing prices for single family homes over a three month period.
Most Expensive Homes for Sale by City Methodology
This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five highest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.
Least Expensive Homes for Sale by City Methodology
This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five lowest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.
Top 5 Cities for Families Methodology
This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of homes with children and the lowest crime rate. Crime rate is determined by comparing each city's crime rate index against the national crime rate index, which equals 100. A number lower than one indicates less crime than the national average, while a number greater than one indicates more overall crime than the national average.
Top 5 Cities for Singles Methodology
This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of unmarried people. An unmarried person is defined as someone who was never married, is separated, or divorced.