new hampshire real estate - craigslist (2024)

FAQs

Is the New Hampshire real estate market slowing down? ›

Home values in New Hampshire rose by 66.3% in the last 5 years. Home sales increased by 0.9% in January 2024 YoY despite the mortgage rate climbing to 7.28%! So, New Hampshire's housing market is strong, if not bullish. Even if mortgage rates continue to increase alarmingly, home sales will not falter.

The lack of supply and high demand is driving costs up. The median cost of a home on the market in New Hampshire is $460,000.

Only licensed NH real estate agents can list on New Hampshire MLS. However, private sellers can work with a flat fee service to list their house on New Hampshire MLS without paying the 3% listing agent commission. Learn how to list on NH MLS For Sale By Owner.

The state's strong economy, low unemployment rate, and high demand for housing contribute to the overall stability of the market. New Hampshire boasts a thriving rental market, making it an attractive destination for real estate investors looking to generate passive income.

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.

$479,363. The average New Hampshire home value is $479,363, up 8.9% over the past year and goes to pending in around 7 days.

You aren't required to hire a real estate attorney in New Hampshire, but regardless, it is wise to enlist legal help when you're dealing with a lot of money and a lot of complex contract language. And even if you don't hire your own attorney, there will be a real estate attorney involved in the closing.

You don't need to have a Buyer Agency relationship to get what you want in real estate, but let's see how that works: If you see a For Sale sign in a yard and call the listing office asking to set up a showing, you will probably speak with the listing agent; let's call her Helen.

New Hampshire does not have a general sales tax, so most businesses are not required to obtain a seller's permit. However, some industries, such as restaurants and communications, are required to collect and remit sales taxes.

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)

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%.

There are currently 5,342 homes for sale in New Hampshire. The median list price in New Hampshire is $569,900 and the average price per square foot is $270.

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®.

Data from Maine Listings shows the median sales price of a single-family home hit $353,000 in January, up 8.6% from $325,000 in January 2023. All the while, fewer houses are changing hands in the state. Just 743 units sold last month, down 2% from 758 homes during that period last year.