Concord, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Concord Neighborhoods Since 2000




Concord, NH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Concord Housing Market Information

With 42,620 people, 16,987 houses or apartments, and a median cost of homes of $220,253, Concord real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Concord, accounting for 43.30% of the city's housing units. Other types of housing that are prevalent in Concord include large apartment complexes or high rise apartments ( 26.99%), duplexes, homes converted to apartments or other small apartment buildings ( 16.09%), and a few row houses and other attached homes ( 7.43%).

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

There is a lot of housing in Concord built from 1970 to 1999 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 Concord built before 1939 ( 34.24%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.43%). There's also some housing in Concord built between 2000 and later ( 11.11%).

Concord Home Appreciation Rates

Concord's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Concord during the period has been just -1.26%, which is lower than 70% of US communities.

Over the last year, Concord appreciation rates have trailed the rest of the nation. In the last twelve months, Concord's appreciation rate has been 3.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Concord were at -0.46%, which equates to an annual appreciation rate of -1.83%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Concord differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Concord - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Concord real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$220,253

Concord, NH HOME PRICES

Value Range
> $1,093,000 0.4
$820,001 - $1,093,000 0.9
$547,001 - $820,000 2.0
$437,001 - $547,000 3.3
$328,001 - $437,000 10.7
$219,001 - $328,000 36.1
$109,001 - $219,000 33.6
$55,001 - $109,000 6.1
$0 - $55,000 7.0

Low for NH
High for Nation

Value Relative to Nation Value Relative to State
27.6631899683581 68.7898089171974

Number Of Homes And Apartments:
16,987

Concord Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
51.57% 2.44% 7 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,261 / per month

Homeownership Rate

Homeownership
Owners 52.33
Renters 47.67
Vacant 6.96

Housing Market Details

 

Age of Homes

AGE OF Concord HOMES
2000 or Newer 11.1
1970 - 1999 39.2
1940 - 1969 15.4
1939 or Older 34.2

Types of Homes

TYPE OF Concord HOMES
Single-Family 43.3
Townhomes 7.4
Small Apt. Buildings 16.1
Apt. Complexes 27.0
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Concord HOMES
No Bedroom 2.80
1 Bedroom 16.86
2 Bedrooms 34.98
3 Bedrooms 31.13
4 Bedrooms 11.77
5 or more bedrooms 2.45