see also
FAQs
Is the New Hampshire real estate market slowing down? ›
The current median home sale price of $499,600 is stable and rising steadily at 8.6% YoY. Moreover, homes spend only 29 days on the market. This indicates that the New Hampshire real estate market is pretty much competitive. The average months of home supply are 2 months YoY.
Is New Hampshire a good state to invest in real estate? ›Strong Local Economy
One factor that makes New Hampshire a good area to invest in is its strong and stable economy. Bolstered by its leading industries in health care, IT, and construction, New Hampshire has solid job growth. This attracts plenty of real estate investors and residents looking to rent a home.
The current median days on market (DOM) in New Hampshire is 28 days. This means homes in New Hampshire spend less than a month on the market before becoming pending sales, indicating a competitive seller's market with low inventory, high demand, and properties moving swiftly.
Is real estate expensive in New Hampshire? ›In March 2023, the median price of a single-family house in New Hampshire was $447,900, and the price increased by 11.6 percent to $499,950 in March 2024; in Massachusetts, the median price increased by 8.9 percent, from $560,000 in March 2023 to the most recently reported median price of $610,000 in March 2024.
Is New Hampshire a good place to buy a home? ›There's a reason why New Hampshire secured the #4 spot in 2021 U.S. News & World Report's Best State Rankings: From strong educational and correctional systems to unparalleled natural beauty and an abundance of opportunity, New Hampshire is an ideal place to call home — especially if you're a first time home buyer.
How many homes are for sale in NH? ›There are currently 5,741 homes for sale in New Hampshire. The median list price in New Hampshire is $550,000 and the average price per square foot is $275.
Are NH property taxes high? ›New Hampshire is known as a low-tax state. But while the state has no personal income tax and no sales tax, it has the fourth-highest property tax rates of any U.S. state, with an average effective rate of 1.77%.
Is New Hampshire a good place to retire financially? ›Financial Benefits
In addition, New Hampshire has a low cost of living compared to many other states, making it an affordable place to retire. New Hampshire offers many property and inheritance tax benefits to retirees.
Low Crime Rates: New Hampshire consistently ranks among the safest states in the nation, with low crime rates and a strong emphasis on public safety. Whether you're living in a bustling city or a rural town, you can feel secure knowing that your community prioritizes safety.
Is there a housing shortage in NH? ›THE ISSUES, CHALLENGES, AND SOLUTIONS
While there is agreement that New Hampshire has a housing crisis — a severe lack of a diverse rental and for-sale housing inventory, how to address the shortfall will require a multi-pronged focus.
Do sellers pay closing costs in NH? ›
The closing cost in New Hampshire for buyers are approximately 2%–5% of the home's agreement value. While the sellers are expected to pay around 6–10% of the home's purchase price. For sellers, that includes the agency commission too.
Are house prices falling in Hampshire? ›The average price paid for properties in Hampshire is £417,000 as of September 10, 2024. This represents a fall of 2.2% over the last 12 months for sold prices in Hampshire.
What town has the cheapest property taxes in New Hampshire? ›When combining all local, county, and state property taxes, these towns have the lowest property tax rates in New Hampshire (as of January 1, 2023): Windsor ($3.39) New Castle ($4.48) Moultonborough ($4.78)
Is it cheaper to live in NH or MA? ›The cost of living in NH is 15% less than MA. The cost of groceries in NH is 14% less than MA. The cost of housing in NH is 25% less than MA. The cost of utilities in NH is 10% less than MA.
How much do you need to make to live comfortably in New Hampshire? ›Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $42,551 | $98,233 |
| Annual taxes | $6,494 | $13,467 |
| Required annual income before taxes | $49,045 | $111,700 |
New-Hampshire Housing Supply
Are there enough homes for sale to meet buyer demand? In July 2024, there were 5,546 homes for sale in New-Hampshire, up 18.7% year over year. The number of newly listed homes was 2,039 and up 10.3% year over year. The average months of supply is 2 months, up 0 year over year. …
'The market is slowing down'
“The market is slowing down. Homes are taking longer to sell and that allows inventory to accumulate on the market,” said Daryl Fairweather, chief economist at Redfin. Yet despite the recent jump in supply, “we're still starved for inventory in the for-sale market,” said Divounguy.
From the rugged peaks of the White Mountains to the serene shores of its many lakes and rivers, the state offers unparalleled beauty throughout the year. Low Crime Rates: New Hampshire consistently ranks among the safest states in the nation, with low crime rates and a strong emphasis on public safety.
What is the average cost of a house in Vermont? ›Average Housing Costs in Vermont: $794 to $1,621 per month
The average home in Vermont cost $339,100 in February 2023, which is lower than the $359,000 median sales price of an existing home in the United States, according to the National Association of Realtors®.