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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilford is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Gilford was a Buyer's Market.

Key Takeaway

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

Housing Prices in Gilford, NH

How much do homes in Gilford, NH cost?

Median Sold Price

$505,500

$270/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$225,000(-30.8%)

Key Takeaway

Homes in Gilford have sold for 30.8% less than they did a month ago.

Summary: The median home sold price in Gilford was $505,500 in May 2024, down 30.8% from last month, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$24.5K
N/A
2 -$465K
N/A
3 $1.2M$503K
-59.1%
4 $477.5K$750K
+57.1%
5+ -$2.8M
N/A

Summary: Gilford 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 did not change, 3 bedroom homes decreased by 59.1%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Belmont
+38.0%
Laconia
+21.0%
Meredith
-7.5%
Gilford
-30.8%

Housing Supply in Gilford, NH

How many homes are available in Gilford, NH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4054+35.0%

Summary: The Gilford real estate market had 54 homes for sale in May 2024, a 35.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 1115
+36.4%
3 1827
+50.0%
4 99
0.0%
5+ 11
0.0%

Summary: The Gilford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
420+400.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilford, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Gilford in May 2024, up by 400.0% month-over-month. Of the 20 sold homes, 60% were sold under asking, 5% were sold at asking, and 35% were sold over asking.

Days on Market for Gilford, NH

How long does it take to sell a home in Gilford, NH?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gilford are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 20 homes were sold in Gilford; 5% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Gilford, NH

Nearby Markets to Gilford, NH

What housing markets are near Gilford, NH?