🏡 NH Real Estate Market Update

April 2025: Insights from Hillsborough, Rockingham, Merrimack & Belknap Counties - The NH Real Estate Market Update

The NH real estate market continues to show strong signs of seller advantage, with low inventory levels and fast-moving homes across the board. Here's a breakdown of the latest real estate metrics from four key counties, offering insights for both buyers and sellers navigating today’s competitive market.

🏠 Hillsborough County, NH

Hillsborough County remains one of the tightest markets in the state, with an extremely low Months Supply of Inventory at 0.8. This indicates an urgent need for more listings as buyer demand remains high.

Homes are selling fast—just 8 days on the market on average—and sellers are reaping the rewards, with a Sold to List Price Ratio of 101.8%, meaning many homes are going for above asking price.

Interestingly, inventory has decreased 12.09% year-over-year, signaling continued pressure on buyers despite a small improvement from previous months. The Median Sold Price of $485,000 further reflects the strength of this market.

Summary: Hillsborough is a fast-paced, high-demand market where sellers hold the upper hand, and buyers must act swiftly and competitively.

🏠 Rockingham County, NH

Rockingham County is also favoring sellers with a Months Supply of Inventory at 1.11 and a notable 12.6% year-over-year decrease in available homes.

The Median Days on Market is just 9 days, and homes are selling right at asking price, with a Sold to List Price Ratio of 100%. Buyers are not hesitating—most are offering full price (or more) to win the deal.

With a Median Sold Price of $620,000, Rockingham remains one of the higher-priced counties in the state, driven by strong demand and limited availability.

Summary: Competitive, quick, and high-value—Rockingham County is a textbook seller’s market right now.

🏠 Merrimack County, NH

In Merrimack County, the Months Supply of Inventory is just 0.78, making it one of the lowest in the state. Inventory has dropped a dramatic -32.17% year-over-year, showing just how scarce available homes have become.

Homes are selling in only 16 days, and the Sold to List Price Ratio of 99.5% indicates that buyers are consistently offering near full price. The Median Sold Price stands at $432,500, reinforcing strong home values.

Summary: Merrimack County offers a highly competitive landscape for buyers and ideal conditions for sellers looking to capitalize on demand.

🏠 Belknap County, NH

Belknap County rounds out the list with a Months Supply of Inventory at 1.63, slightly higher than other counties but still well below a balanced level. Inventory has dropped 25.23% over the last 12 months, making it harder for buyers to find homes.

Homes are spending an average of 29 days on the market, and the Sold to List Price Ratio of 97% shows sellers are receiving strong offers. The Median Sold Price is $440,000, a solid figure showing steady appreciation.

Summary: Belknap County remains a seller’s market, though slightly more accessible than others. Buyers may have a bit more breathing room but still need to move quickly.

🧭 Final Thoughts

Across all four counties, the theme is clear: New Hampshire continues to be a seller-dominated market, marked by tight inventory, quick sales, and strong pricing. For sellers, now is a prime opportunity to list. For buyers, preparation and decisiveness are key to securing a home in this fast-moving landscape.

Whether you're looking to buy, sell, or invest—understanding your local market is essential. Stay tuned for next month’s update to keep your edge in New Hampshire real estate.

Note: If you would like a report on any town or a county not listed, just send me a message at the email below.

New Hampshire Real Estate Expert

Explore NH Life is produced by John Moscillo of ReMax Synergy. With over 20 years serving the New Hampshire Real Estate market you can rest assured that all your real estate needs will be exceeded. Simply email him at JohnM@NHSynergy.com call or text at 603-858-3548.

Do you need to sell your home fast? Contact me, we can facilitate a cash offer and close quickly. Have land? I have investors and builder I can connect you with and offer a quick sale with top dollar.