Pelham, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Pelham Neighborhoods Since 2000




Pelham, 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

Pelham Housing Market Information

With 13,303 people, 4,453 houses or apartments, and a median cost of homes of $359,896, Pelham house prices are not only among the most expensive in New Hampshire, Pelham 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 Pelham, accounting for 82.32% of the town's housing units. Other types of housing that are prevalent in Pelham include duplexes, homes converted to apartments or other small apartment buildings ( 7.40%), large apartment complexes or high rise apartments ( 5.80%), and a few row houses and other attached homes ( 4.31%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pelham. Owner-occupied housing accounts for 86.48% of Pelham's homes, and 68.46% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pelham 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 Pelham built between 1940-1969 ( 25.16%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.01%). There's also some housing in Pelham built before 1939 ( 6.81%).

Pelham Home Appreciation Rates

Pelham's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pelham during the period has been just -1.17%, which is lower than 70% of US communities.

Over the last year, Pelham appreciation rates have trailed the rest of the nation. In the last twelve months, Pelham's appreciation rate has been 2.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pelham were at 0.21%, which equates to an annual appreciation rate of 0.86%.

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

Average Home Values

 

Median Home Value:
$359,896

Pelham, NH HOME PRICES

Value Range
> $1,136,000 1.0
$852,001 - $1,136,000 0.9
$568,001 - $852,000 4.6
$454,001 - $568,000 18.2
$341,001 - $454,000 31.0
$227,001 - $341,000 33.2
$113,001 - $227,000 10.2
$57,001 - $113,000 0.2
$0 - $57,000 0.9

Very High for NH
Very High for Nation

Value Relative to Nation Value Relative to State
11.5024024375952 10.1910828025478

Number Of Homes And Apartments:
4,453

Pelham 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
35.57% 1.78% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,350 / per month

Homeownership Rate

Homeownership
Owners 86.48
Renters 13.52
Vacant 3.99

Housing Market Details

 

Age of Homes

AGE OF Pelham HOMES
2000 or Newer 20.0
1970 - 1999 48.0
1940 - 1969 25.2
1939 or Older 6.8

Types of Homes

TYPE OF Pelham HOMES
Single-Family 82.3
Townhomes 4.3
Small Apt. Buildings 7.4
Apt. Complexes 5.8
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Pelham HOMES
No Bedroom 0.00
1 Bedroom 5.22
2 Bedrooms 20.22
3 Bedrooms 41.25
4 Bedrooms 27.21
5 or more bedrooms 6.10