Conway, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Conway Neighborhoods Since 2000




Conway, 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

Conway Housing Market Information

With a population of 9,948, 4,337 total housing units (homes and apartments), and a median house value of $230,621, Conway real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Conway, accounting for 58.58% of the town's housing units. Other types of housing that are prevalent in Conway include large apartment complexes or high rise apartments ( 14.71%), duplexes, homes converted to apartments or other small apartment buildings ( 14.56%), and a few mobile homes or trailers ( 12.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Conway. Owner-occupied housing accounts for 67.37% of Conway's homes, and 50.20% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Conway 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 Conway built before 1939 ( 17.54%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.32%). There's also some housing in Conway built between 1940-1969 ( 11.01%).

Vacant housing appears to be an issue in Conway. Fully 33.05% of the housing stock is classified as vacant. Left unchecked, vacant Conway homes and apartments can be a drag on the real estate market, holding Conway 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.

Conway Home Appreciation Rates

Conway's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Conway during the period has been just -1.19%, which is lower than 70% of US communities.

Over the last year, Conway appreciation rates have trailed the rest of the nation. In the last twelve months, Conway's appreciation rate has been 1.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Conway were at -0.46%, which equates to an annual appreciation rate of -1.83%.

Relative to New Hampshire, our data show that Conway's latest annual appreciation rate is lower than 80% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$230,621

Conway, NH HOME PRICES

Value Range
> $1,037,000 0.3
$778,001 - $1,037,000 2.2
$519,001 - $778,000 4.7
$415,001 - $519,000 8.2
$311,001 - $415,000 11.4
$207,001 - $311,000 24.7
$104,001 - $207,000 32.4
$52,001 - $104,000 9.4
$0 - $52,000 6.7

Low for NH
High for Nation

Value Relative to Nation Value Relative to State
25.7178014766202 63.0573248407643

Number Of Homes And Apartments:
4,337

Conway 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
60.35% 2.77% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,164 / per month

Homeownership Rate

Homeownership
Owners 67.37
Renters 32.63
Vacant 33.05

Housing Market Details

 

Age of Homes

AGE OF Conway HOMES
2000 or Newer 12.3
1970 - 1999 59.1
1940 - 1969 11.0
1939 or Older 17.5

Types of Homes

TYPE OF Conway HOMES
Single-Family 58.6
Townhomes 0.1
Small Apt. Buildings 14.6
Apt. Complexes 14.7
Mobile Homes 12.0
Other 0.0

Home Size

SIZE OF Conway HOMES
No Bedroom 1.50
1 Bedroom 8.31
2 Bedrooms 35.06
3 Bedrooms 37.94
4 Bedrooms 12.26
5 or more bedrooms 4.94