Londonderry appreciation rates and housing market information

Londonderry housing market information

With a population of 23,236, 7,718 total housing units (homes and apartments), and a median house value of $294,328, Londonderry real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Londonderry, accounting for 69.81% of the town's housing units. Other types of housing that are prevalent in Londonderry include row houses and other attached homes (13.10%), large apartment complexes or high rise apartments (8.18%), duplexes, homes converted to apartments, or other small apartment buildings (4.64%), and a few mobile homes or trailers (4.28%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Londonderry. Owner-occupied housing accounts for 86.24% of Londonderry's homes, and 69.30% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Londonderry built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Londonderry built from 1995 and later (13.07%). A lesser amount of the housing stock also hails from 1940-1969 (11.14%), and some were built from 1939 and earlier (11.14%).

Londonderry home appreciation rates

Real estate appreciation rates in Londonderry have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 7.72% during the period.

Over the last year, Londonderry appreciation rates have trailed the rest of the nation. In the last twelve months, Londonderry's appreciation rate has been -6.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Londonderry were at -0.54%, which equates to an annual appreciation rate of -2.16%.

Notably, Londonderry's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New Hampshire, our data show that Londonderry's latest annual appreciation rate is higher than 14% of the other cities and towns in New Hampshire.