Seabrook, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Seabrook Neighborhoods Since 2000




Seabrook, 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

Seabrook Housing Market Information

With a population of 8,779, 3,823 total housing units (homes and apartments), and a median house value of $298,899, Seabrook real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Seabrook, accounting for 47.06% of the town's housing units. Other types of housing that are prevalent in Seabrook include mobile homes or trailers ( 21.75%), large apartment complexes or high rise apartments ( 16.33%), and a few row houses and other attached homes ( 8.42%).

The most prevalent building size and type in Seabrook are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.16% owning and 35.84% renting.

There is a lot of housing in Seabrook 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 Seabrook built between 1940-1969 ( 20.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.20%). There's also some housing in Seabrook built before 1939 ( 7.63%).

Vacant housing appears to be an issue in Seabrook. Fully 16.86% of the housing stock is classified as vacant. Left unchecked, vacant Seabrook homes and apartments can be a drag on the real estate market, holding Seabrook 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.

Seabrook Home Appreciation Rates

Real estate appreciation rates in Seabrook's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.02% during the period.

Over the last year, Seabrook appreciation rates have trailed the rest of the nation. In the last twelve months, Seabrook's appreciation rate has been 2.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Seabrook were at 1.07%, which equates to an annual appreciation rate of 4.36%.

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

Average Home Values

 

Median Home Value:
$298,899

Seabrook, NH HOME PRICES

Value Range
> $1,164,000 1.9
$873,001 - $1,164,000 0.7
$582,001 - $873,000 4.9
$465,001 - $582,000 7.6
$349,001 - $465,000 20.7
$233,001 - $349,000 31.8
$116,001 - $233,000 17.3
$58,001 - $116,000 6.8
$0 - $58,000 8.3

High for NH
Very High for Nation

Value Relative to Nation Value Relative to State
16.3834524786124 29.9363057324841

Number Of Homes And Apartments:
3,823

Seabrook 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
40.28% 1.98% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,627 / per month

Homeownership Rate

Homeownership
Owners 64.16
Renters 35.84
Vacant 16.86

Housing Market Details

 

Age of Homes

AGE OF Seabrook HOMES
2000 or Newer 17.2
1970 - 1999 54.7
1940 - 1969 20.5
1939 or Older 7.6

Types of Homes

TYPE OF Seabrook HOMES
Single-Family 47.1
Townhomes 8.4
Small Apt. Buildings 6.4
Apt. Complexes 16.3
Mobile Homes 21.7
Other 0.0

Home Size

SIZE OF Seabrook HOMES
No Bedroom 1.76
1 Bedroom 16.83
2 Bedrooms 28.16
3 Bedrooms 37.58
4 Bedrooms 13.66
5 or more bedrooms 2.00