new hampshire real estate - craigslist (2024)

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Are home prices dropping in NH? ›

New-Hampshire Housing Demand

In April 2024, 50.6% of homes in New-Hampshire sold above list price, down 4.7 points year. There were only 13.4% of homes that had price drops, up from 9.0% of homes in April last year. There was a 101.3% sale-to-list price, down 0.33 points year over year. …

New Hampshire boasts a thriving rental market, making it an attractive destination for real estate investors looking to generate passive income. The state's job opportunities and quality of life attract a steady stream of renters, ensuring a consistent pool of potential tenants for your investment property.

The average New Hampshire home value is $474,371, up 9.0% over the past year and goes to pending in around 7 days.

With thousands of properties and rural land for sale in the state, these land listings represent a total of 22,462 acres of land for sale in New Hampshire. The average price of farms, ranches and other land parcels for sale in New Hampshire is $732,039.

Average Home Prices: The average median home price in New Hampshire is $445,100, up by 10.3% YoY. In 2024, experts predict the median sale price will increase due to the tight inventory. Currently, the sale-to-list price ratio is at 99.7%, with an increase of 0.8 pt YoY compared to January 2023.

New Hampshire offers residents close proximity to stunning nature, rich history, and culture. All of the perks of residing in New Hampshire may be why it's one of the most expensive states to live in.

High Cost of Living: Despite its lack of sales and income tax, New Hampshire has a relatively high cost of living compared to other states in the region. Housing prices, healthcare expenses, and utility costs can be expensive, particularly in more affluent areas.

How Much Do You Need to Make to Live Comfortably in New Hampshire? According to Go Banking Rates, a single person in New Hampshire needs to make about $62,935 in order to live comfortably. It is about $66,000 in Vermont, and about $88,000 in Massachusetts.

Are property taxes high in NH? ›

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%.

By Amanda Loder. Tracking down who owns what in the North Country can be tricky business... Yesterday I forwarded along an interesting piece of info from Forbes about how billionaire John Malone is now the largest landowner in the US. That's thanks to a million acre purchase covering parts of New Hampshire and Maine.

But in terms of the cost of a lot for sale, Hawaii tops the list with an incredible average price of $983,707. This is in comparison to the U.S. average of just $316,606. By and large, the data shows that the most expensive land in the U.S. is in coastal areas and/or the Northeast corridor, with a few exceptions.

THE LAND HAS HIGHER RESALE VALUE.

The reason is simple: the resale value of buildings depreciate really quickly whereas the value of land increases with time. While you may be able to instantly rent out a house or an apartment for a steady flow of cash, your property will continue to lose its value.

Average house price in East Hampshire was £419,000 in March 2024. The provisional average house price in East Hampshire in March 2024 was £419,000. This was lower than the average of £439,000 in March 2023 (revised), a 4.4% fall.

Investors eyeing the New Hampshire real estate market may find promising opportunities with moderate growth forecasted. According to data, cities like Keene show a year-over-year price change of 0.1% as of January 31, 2024, with the expectation to increase to 1.1% by April 2024.

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.

The average time it takes to sell a house in New Hampshire is 73 days — 38 days to get an offer and an additional 35 days to close. This is approximately 15.1% faster than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.