new hampshire real estate - craigslist (2024)

FAQs

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. …

The New Hampshire real estate market demonstrates stability and growth, influenced by a robust local economy and balanced supply-demand dynamics. Key data points indicate a promising trajectory for homebuyers and investors alike.

With thousands of properties and rural land for sale in the state, these land listings represent a total of 22,516 acres of New Hampshire land for sale. The average price of land parcels for sale in New Hampshire is $732,154.

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.

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.

In conclusion, investing in real estate in New Hampshire offers numerous benefits, including a strong and stable market, an attractive rental market, favorable landlord-tenant laws, tax benefits, diverse property types, and the potential for appreciation.

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.

Annual change in house prices in East Hampshire

In the year to March 2024, the average price for semi-detached properties in East Hampshire fell by 3.0%, while the average price for flats decreased by 5.8%.

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 cost of living in New Hampshire

New Hampshire is home to over 1.3 million people. According to 2021 data from the Bureau of Economic Analysis, the average total personal consumption cost in New Hampshire comes to $56,727 per year.

The majority of forecasts indicate that house prices in the US are expected to rise or remain stable in 2024. The predictions from various economists suggest that mortgage rates are expected to rise in 2024 before potentially cooling to lower than how the year began.