Newmarket, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Newmarket Neighborhoods Since 2000




Newmarket, 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

Newmarket Housing Market Information

With a population of 8,908, 3,839 total housing units (homes and apartments), and a median house value of $340,273, Newmarket house prices are not only among the most expensive in New Hampshire, Newmarket real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Newmarket, accounting for 39.70% of the town's housing units. Other types of housing that are prevalent in Newmarket include large apartment complexes or high rise apartments ( 33.69%), duplexes, homes converted to apartments or other small apartment buildings ( 13.66%), and a few row houses and other attached homes ( 9.12%).

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

There is a lot of housing in Newmarket 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 Newmarket built before 1939 ( 22.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.56%). There's also some housing in Newmarket built between 1940-1969 ( 8.65%).

Newmarket Home Appreciation Rates

Real estate appreciation rates in Newmarket's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.21% during the period.

NeighborhoodScout's data show that during the latest twelve months, Newmarket's appreciation rate, at 4.86%, has been at or slightly above the national average. In the latest quarter, Newmarket's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to New Hampshire, our data show that Newmarket's latest annual appreciation rate is higher than 70% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$340,273

Newmarket, NH HOME PRICES

Value Range
> $1,120,000 0.1
$840,001 - $1,120,000 2.6
$560,001 - $840,000 6.9
$448,001 - $560,000 8.2
$336,001 - $448,000 23.4
$224,001 - $336,000 34.4
$112,001 - $224,000 19.6
$56,001 - $112,000 1.9
$0 - $56,000 2.9

Very High for NH
Very High for Nation

Value Relative to Nation Value Relative to State
12.9145669752725 15.9235668789809

Number Of Homes And Apartments:
3,839

Newmarket 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
45.59% 2.20% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,591 / per month

Homeownership Rate

Homeownership
Owners 52.51
Renters 47.49
Vacant 4.62

Housing Market Details

 

Age of Homes

AGE OF Newmarket HOMES
2000 or Newer 14.6
1970 - 1999 53.8
1940 - 1969 8.6
1939 or Older 23.0

Types of Homes

TYPE OF Newmarket HOMES
Single-Family 39.7
Townhomes 9.1
Small Apt. Buildings 13.7
Apt. Complexes 33.7
Mobile Homes 3.8
Other 0.0

Home Size

SIZE OF Newmarket HOMES
No Bedroom 6.58
1 Bedroom 11.11
2 Bedrooms 41.47
3 Bedrooms 29.74
4 Bedrooms 9.32
5 or more bedrooms 1.79