Meredith, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Meredith Neighborhoods Since 2000




Meredith, 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

Meredith Housing Market Information

With 6,368 people, 2,627 houses or apartments, and a median cost of homes of $273,854, Meredith real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Meredith, accounting for 80.60% of the town's housing units. Other types of housing that are prevalent in Meredith include large apartment complexes or high rise apartments ( 5.68%), duplexes, homes converted to apartments or other small apartment buildings ( 5.43%), and a few mobile homes or trailers ( 4.40%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Meredith. Owner-occupied housing accounts for 70.37% of Meredith's homes, and 61.65% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Meredith 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 Meredith built between 2000 and later ( 21.86%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.85%). There's also some housing in Meredith built before 1939 ( 17.12%).

A decent proportion of the Meredith housing stock is seasonally occupied. That is, homes and condos in Meredith are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Meredith housing market speaks to its popularity as a vacation location of choice.

Meredith Home Appreciation Rates

Meredith's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Meredith during the period has been just -0.91%, which is lower than 70% of US communities.

Over the last year, Meredith appreciation rates have trailed the rest of the nation. In the last twelve months, Meredith's appreciation rate has been 3.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Meredith were at -0.46%, which equates to an annual appreciation rate of -1.83%.

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

Average Home Values

 

Median Home Value:
$273,854

Meredith, NH HOME PRICES

Value Range
> $1,062,000 3.4
$796,001 - $1,062,000 5.6
$531,001 - $796,000 10.8
$425,001 - $531,000 8.0
$318,001 - $425,000 15.7
$212,001 - $318,000 26.2
$106,001 - $212,000 22.9
$53,001 - $106,000 0.0
$0 - $53,000 7.4

Average for NH
Very High for Nation

Value Relative to Nation Value Relative to State
19.2312199695301 40.7643312101911

Number Of Homes And Apartments:
2,627

Meredith 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
55.50% 2.59% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,410 / per month

Homeownership Rate

Homeownership
Owners 70.37
Renters 29.63
Vacant 43.87

Housing Market Details

 

Age of Homes

AGE OF Meredith HOMES
2000 or Newer 21.9
1970 - 1999 41.2
1940 - 1969 19.9
1939 or Older 17.1

Types of Homes

TYPE OF Meredith HOMES
Single-Family 80.6
Townhomes 3.9
Small Apt. Buildings 5.4
Apt. Complexes 5.7
Mobile Homes 4.4
Other 0.0

Home Size

SIZE OF Meredith HOMES
No Bedroom 1.05
1 Bedroom 7.54
2 Bedrooms 25.88
3 Bedrooms 47.41
4 Bedrooms 14.23
5 or more bedrooms 3.89