Keene, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Keene Neighborhoods Since 2000




Keene, 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

Keene Housing Market Information

With 23,265 people, 9,319 houses or apartments, and a median cost of homes of $183,442, Keene real estate values are some of the lowest in New Hampshire, although compared to real estate around the nation, Keene homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Keene, accounting for 45.78% of the city's housing units. Other types of housing that are prevalent in Keene include large apartment complexes or high rise apartments ( 23.57%), duplexes, homes converted to apartments or other small apartment buildings ( 23.02%), and a few mobile homes or trailers ( 4.41%).

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

The housing in Keene was primarily built before 1939 ( 36.87%), making the housing stock in Keene some of the oldest overall in America, although there is a range of ages of homes in Keene. The next most important housing age is between 1970-1999 ( 27.78%), followed by between 1940-1969 ( 26.05%). There's also some housing in Keene built between 2000 and later ( 9.30%).

Keene Home Appreciation Rates

Keene's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Keene during the period has been just -1.58%, which is lower than 80% of US communities.

Over the last year, Keene appreciation rates have trailed the rest of the nation. In the last twelve months, Keene's appreciation rate has been 2.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Keene were at -0.46%, which equates to an annual appreciation rate of -1.83%.

Relative to New Hampshire, our data show that Keene's latest annual appreciation rate is lower than 70% 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 Keene differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Keene - 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 Keene real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$183,442

Keene, NH HOME PRICES

Value Range
> $1,020,000 0.3
$765,001 - $1,020,000 0.2
$510,001 - $765,000 0.9
$408,001 - $510,000 0.6
$306,001 - $408,000 7.2
$204,001 - $306,000 30.3
$102,001 - $204,000 50.7
$51,001 - $102,000 1.7
$0 - $51,000 8.1

Very Low for NH
High for Nation

Value Relative to Nation Value Relative to State
36.9213641157858 86.6242038216561

Number Of Homes And Apartments:
9,319

Keene 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
42.27% 2.06% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,339 / per month

Homeownership Rate

Homeownership
Owners 46.15
Renters 53.85
Vacant 6.45

Housing Market Details

 

Age of Homes

AGE OF Keene HOMES
2000 or Newer 9.3
1970 - 1999 27.8
1940 - 1969 26.1
1939 or Older 36.9

Types of Homes

TYPE OF Keene HOMES
Single-Family 45.8
Townhomes 3.2
Small Apt. Buildings 23.0
Apt. Complexes 23.6
Mobile Homes 4.4
Other 0.0

Home Size

SIZE OF Keene HOMES
No Bedroom 2.50
1 Bedroom 16.20
2 Bedrooms 30.98
3 Bedrooms 35.16
4 Bedrooms 13.24
5 or more bedrooms 1.92