The New Hampshire housing market is one of resilience, subtle shifts, and in some cases, surprising strength. As summer 2025 draws to a close, we now have a clear picture of how the first eight months of the year stack up against the same stretch in 2024. The story isn’t just in the numbers it’s in how buyers and sellers are behaving, and what that tells us about where the market might be heading.
Confidence or Overconfidence?
The numbers tell us something clear, sellers are reaching higher. Across most categories, asking prices are significantly above what buyers have actually paid this year. This could reflect strength & a sign that sellers know buyers are still willing to compete. But it could also signal overconfidence.
If homes keep moving quickly at these higher prices, then the market is proving resilient and sellers are simply ahead of the curve. But if we start to see longer days on market and more price reductions this fall, it will be a sign that sellers overshot, and buyers are no longer willing to chase the listings upward.
Single-Family Homes
Single-family homes remain the backbone of real estate in New Hampshire. Last year by September 1st, just over 7,200 homes had changed hands. This year, the count is almost identical at 7,300 sales, proving that even with rising interest rates and economic uncertainty, demand hasn’t gone anywhere.
What has shifted is price. In 2024, the median single-family home sold for $520,000. By 2025, that number climbed to $540,000, a modest but meaningful 4% increase. Homes are still moving fast, often within a week of hitting the market. Sellers know this, and they’re pushing their list prices. The typical home listed today is asking around $649,900, nearly 20% above where the median closing price has been. Whether buyers will follow them that far is the question that will define the fall market.
Condos
In 2024, the median condo sold for $415,000 by early September. This year, that figure nudged up to $425,000. The number of sales has held steady as well with around 2,600 units sold both years, showing that buyers are still drawn to condos for their affordability and investment potential.
But here’s the twist: the condos currently on the market are priced much higher, with a median asking price of $514,900. That’s almost $90,000 above what buyers have actually been paying. In markets like Laconia, Gilford, and Conway, sellers are betting heavily on investors and seasonal buyers willing to pay a premium for access to the lakes and mountains.
Mobile Homes
While single-family and condo sellers test the waters with ambitious list prices, the mobile home market has remained a study in consistency. Nearly the same number of units have sold in 2024 and 2025 with 888 last year vs. 883 this year and prices have barely budged. The median sale price last year was $162,000, this year it’s $165,000.
Active listings are right in line with those numbers as well, with sellers asking $169,250 on average. In a market where many segments are being stretched upward, mobile homes remain one of the few truly affordable paths into homeownership in New Hampshire.
Foreclosures
The foreclosure market has taken a very different path. By this point in 2024, 49 foreclosures had sold, with a median price of $193,500. In 2025, the number of sales is smaller with just 38 sold but the prices are significantly higher. The median foreclosure is now closing at $242,450, a jump of more than 25%.
The explanation is simple scarcity. With so few distressed properties hitting the market, competition has driven prices up. Active listings today are even steeper, with a median of $274,900. For investors, foreclosures are no longer the bargain they once were but the demand for them hasn’t gone away.
Looking Ahead
Compared to the same time last year, the story of 2025 is one of modest but steady price growth, almost identical sales volume, and ambitious sellers. Single family homes and condos have crept upward, mobile homes remain stable, and foreclosures once the discount corner of the market are selling for more than ever before.
The fall will reveal whether the higher asking prices we’re seeing today are rooted in true market strength, or whether some sellers are setting themselves up for a reality check. Either way, the New Hampshire housing market remains one of the most competitive in New England.
