Is Concord, 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, Concord has remained a Seller's Market.
Housing Prices in Concord, NH
How much do homes in Concord, NH cost?
Median Sold Price
$345,500
$258/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Concord was $345,500 in May 2024, down 27.6% from last month, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $198.5K | N/A |
2 Bedrooms | $290K | $275K | -5.2% |
3 Bedrooms | $554.9K | $460.5K | -17.0% |
4 Bedrooms | $582.4K | $540K | -7.3% |
5+ Bedrooms | - | - | N/A |
Summary: Concord housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bow | $620K | $803.2K | +29.6% |
Suncook | $380K | $463.4K | +22.0% |
Pembroke | $421K | $493.4K | +17.2% |
Concord | $477.5K | $345.5K | -27.6% |
Contoocook | $700K | $488K | -30.3% |
Housing Supply in Concord, NH
How many homes are available in Concord, NH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 91 | +59.6% |
Summary: The Concord real estate market had 91 homes for sale in May 2024, a 59.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 16 | 33 | +106.3% |
3 Bedrooms | 24 | 34 | +41.7% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Concord housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 106.3%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 34 | +183.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Concord in May 2024, up by 183.3% month-over-month. Of the 34 sold homes, 15% were sold under asking, 18% were sold at asking, and 68% were sold over asking.
Days on Market for Concord, NH
How long does it take to sell a home in Concord, NH?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Concord; 0% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.