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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Londonderry is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Londonderry, NH

How much do homes in Londonderry, NH cost?

Median Sold Price

$640,000

$286/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$104,000(+19.4%)

Key Takeaway

Homes in Londonderry have sold for 19.4% more than they did a month ago.

Summary: The median home sold price in Londonderry was $640,000 in May 2024, up 19.4% from last month, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$182.5K
N/A
2 $441.2K$666.2K
+51.0%
3 $554K$515K
-7.0%
4 -$768.5K
N/A
5+ $752K-
N/A

Summary: Londonderry 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 increased by 51%, 3 bedroom homes decreased by 7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Londonderry
+19.4%
Auburn
+18.7%
Manchester
+3.5%
Derry
-4.4%
Windham
-55.2%

Housing Supply in Londonderry, NH

How many homes are available in Londonderry, NH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5363+18.9%

Summary: The Londonderry real estate market had 63 homes for sale in May 2024, a 18.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1824
+33.3%
3 2123
+9.5%
4 912
+33.3%
5+ 32
-33.3%

Summary: The Londonderry housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1224+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Londonderry, you could pay more than the asking price. 70.8% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Londonderry in May 2024, up by 100.0% month-over-month. Of the 24 sold homes, 4% were sold under asking, 25% were sold at asking, and 71% were sold over asking.

Days on Market for Londonderry, 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 1 Day Ago

Newest Listings in Londonderry, NH

Nearby Markets to Londonderry, NH

What housing markets are near Londonderry, NH?