Claremont, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Claremont, NH Real Estate Data


Claremont Housing Market Information

With 12,984 people, 5,418 houses or apartments, and a median cost of homes of $152,520, Claremont real estate values are some of the lowest in New Hampshire, although compared to real estate around the nation, Claremont homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Claremont, accounting for 52.84% of the city's housing units. Other types of housing that are prevalent in Claremont include large apartment complexes or high rise apartments ( 19.76%), duplexes, homes converted to apartments or other small apartment buildings ( 19.24%), and a few mobile homes or trailers ( 6.54%).

People in Claremont primarily live in small (one, two or no bedroom) single-family detached homes. Claremont has a mixture of owner-occupied and renter-occupied housing.

The housing in Claremont was primarily built before 1939 ( 38.92%), making the housing stock in Claremont some of the oldest overall in America, although there is a range of ages of homes in Claremont. The next most important housing age is between 1940-1969 ( 30.81%), followed by between 1970-1999 ( 27.86%). There's also some housing in Claremont built between 2000 and later ( 2.41%).

Vacant housing appears to be an issue in Claremont. Fully 12.46% of the housing stock is classified as vacant. Left unchecked, vacant Claremont homes and apartments can be a drag on the real estate market, holding Claremont real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Claremont Home Appreciation Rates

Claremont's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Claremont during the period has been just -1.38%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Claremont's appreciation rate, at 5.48%, has been at or slightly above the national average. In the latest quarter, Claremont's appreciation rate has been 2.40%, which annualizes to a rate of 9.95%.

Relative to New Hampshire, our data show that Claremont's latest annual appreciation rate is higher than 60% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$152,520

Claremont, NH HOME PRICES

Value Range
> $1,096,000 0.1
$822,001 - $1,096,000 0.0
$548,001 - $822,000 0.2
$438,001 - $548,000 0.3
$329,001 - $438,000 2.6
$219,001 - $329,000 9.4
$110,001 - $219,000 64.7
$55,001 - $110,000 15.7
$0 - $55,000 7.0

Very Low for NH
Average for Nation

Value Relative to Nation Value Relative to State
49.6925689523921 94.2675159235669

Number Of Homes And Apartments:
5,418

Rent & Ownership

 

Average Market Rent:
$1,128 / per month

Homeownership Rate

Homeownership
Owners 63.71
Renters 36.29
Vacant 12.46

Housing Market Details

 

Age of Homes

AGE OF Claremont HOMES
2000 or Newer 2.4
1970 - 1999 27.9
1940 - 1969 30.8
1939 or Older 38.9

Types of Homes

TYPE OF Claremont HOMES
Single-Family 52.8
Townhomes 1.6
Small Apt. Buildings 19.2
Apt. Complexes 19.8
Mobile Homes 6.5
Other 0.0

Home Size

SIZE OF Claremont HOMES
No Bedroom 2.26
1 Bedroom 16.74
2 Bedrooms 34.32
3 Bedrooms 35.93
4 Bedrooms 8.85
5 or more bedrooms 1.89

Claremont Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
40.12% 2.00% 3 5
* 10 is highest