Somersworth, NH Foreclosures
How much do homes sell for in Somersworth, NH?
The average home price is currently $466,595.
In Somersworth, NH, how many homes are available?
There are currently 11 active home listings available in Somersworth.
What’s the average rental cost in Somersworth, NH?
The average rental price in Somersworth is $1,569.
What is the most expensive home in Somersworth?
The most expensive home sold in Somersworth had a price of $20,496,892.
What is currently the cheapest priced home in Somersworth, NH?
The cheapest home for sale in Somersworth is priced at $17,198.
Living in Somersworth, NH
Somersworth, NH is a charming city known for its close-knit community and vibrant local culture. With its array of local parks, shops, and restaurants, it offers a perfect blend of small-town living and accessibility to urban amenities. The area has easy access to transportation routes, making it an attractive option for commuters.
Current Market Conditions in Somersworth, NH
The real estate market in Somersworth has remained steady over the past few months, with a slight increase in home prices due to rising demand. The community's family-friendly environment and accessibility to nearby cities have attracted many prospective buyers. As a result, homes are selling faster than in previous years, particularly in desirable neighborhoods.
In the past month, homes in Somersworth have seen a moderate uptick in prices, reflecting a competitive market where buyers are actively seeking properties. This trend is driven by low inventory levels and high buyer interest, leading to bidding wars on well-maintained homes. Considering these factors, the market looks promising for sellers, as homes are spending less time on the market than before.
Home Value Estimator For Somersworth, NH
There are currently 3,660 real estate properties
in Somersworth, NH,
with a median automated valuation model (AVM) price
of $421,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Somersworth, NH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Somersworth, NH,
is $466,595.00, with the most expensive house
in Somersworth, NH, topping out
at $20,496,892.00 and the cheapest home
in Somersworth, NH,
clocking in at $17,198.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Somersworth, NH!
Rent Prices
In Somersworth, NH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Somersworth, NH, is on
a rollercoaster ride. The
average rent price in Somersworth, NH,
is $1,569.00. Indeed, when looking to rent in
Somersworth, NH, you can expect to pay as little
as $820.00 or as much
as $2,920.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Somersworth, NH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.