Living in Spofford, NH
Spofford, NH is a small, tranquil town known for its stunning lake and outdoor recreational opportunities. With a close-knit community, residents enjoy a peaceful lifestyle surrounded by nature. The area offers access to good schools and local amenities, making it ideal for families and those seeking relaxation.
Current Market Conditions in Spofford, NH
The real estate market in Spofford is characterized by a mix of seasonal properties and year-round homes. The proximity to Spofford Lake makes the area desirable, attracting buyers looking for vacation homes as well as those seeking permanent residency. Recently, there's been an uptick in interest from buyers seeking a quieter lifestyle away from the busier urban centers in southern New Hampshire.
In the past six months, home prices have seen a mild appreciation, particularly for lakefront properties. As more people discover the area’s charm and amenities, the demand for homes has risen. However, the overall supply remains limited, making it a competitive market, especially during the summer months.
Home Value Estimator For Spofford, NH
There are currently 758 real estate properties
in Spofford, NH,
with a median automated valuation model (AVM) price
of $456,342.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spofford, 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 Spofford, NH,
is $558,470.00, with the most expensive house
in Spofford, NH, topping out
at $2,760,231.00 and the cheapest home
in Spofford, NH,
clocking in at $106,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spofford, NH!
Rent Prices
In Spofford, NH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spofford, NH, is on
a rollercoaster ride. The
average rent price in Spofford, NH,
is $1,267.00. Indeed, when looking to rent in
Spofford, NH, you can expect to pay as little
as $1,170.00 or as much
as $1,320.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Spofford, 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.
Learn more on Foreclosure homes
