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Dubai, UAE US |
Dubai US Market Research
Concord, NH housing market
Housing market indicators
| Indicator | 2022 | 2023 | 2024 | 2025* | Change | 2022 | 2023 | 2024 | YTD |
|---|---|---|---|---|---|---|---|---|---|
| Median Listing Price per Square Feet | $242 | $278 | $277 | $282 | 9% | 14.9% | -0.4% | 1.8% | |
| Active Listing Count | 163 | 149 | 153 | 296 | 66.3% | -8.6% | 2.7% | 93.5% | |
| Median Days on Market | 54 | 54 | 57 | 40 | 10.2% | 0% | 5.6% | -29.8% | |
| Share of listings with price increase | 0.6% | 1.3% | 1.2% | 0.5% | |||||
| Share of listings with price decrease | 9.4% | 9.6% | 10.4% | 11.1% | |||||
* last available value
Home prices
Short term housing supply drivers
Long term housing demand drivers
Long term housing supply drivers
Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED
Housing market overview
Concord, NH MSA Overview
| Area | City/town | Population | Density | Income | Quality of Schools | Crime level | Property tax (%) | Comments |
|---|---|---|---|---|---|---|---|---|
| Core | Concord | 44,674 | Medium (688/sq mi) | Medium-high | Above average | Low-medium | 2.1 | State capital, stable growth 1.4% 2020-2024 |
| North | Boscawen | 4,211 | Low | Medium | Average | Low | 2.4 | Rural, 1.4% growth |
| East | Pembroke | 7,200 | Medium | Medium | Good | Low | 2.3 | Fastest growth 5% 2020-2024 |
| South | Bow | 8,400 | Medium | High | Excellent | Very low | 2.2 | Largest suburb, slow growth 1.8% |
| West | Chichester | 2,800 | Low | Medium-high | Good | Low | 2.0 | 5.3% growth, rural appeal |
To see all table columns, please open this table on a laptop or desktop computer.
- Concord MSA (micropolitan) totals 157,869 residents over 2,416 km².
- Key regions: Merrimack River valley core, rural outskirts north/west.
- Population grew 2.3% 2020-2024, matching NH state average.
Citizens: Income and Education
- Median household income around $75,000-$90,000, higher than NH average in suburbs like Bow.
- Per capita income medium-high due to state government jobs.
- Bachelor's degree or higher: 35-40%, strong in Concord core.
- Older demographic; more deaths than births, growth from net migration.
Key Economic Sectors
- Government: State capital drives 25%+ employment.
- Healthcare: Concord Hospital major employer.
- Manufacturing/light industry along Merrimack River.
- Retail/services in urban core.
- Remote work influx post-pandemic.
Housing Buying Market: Supply Drivers
- Zoning: Moderately open in suburbs like Pembroke/Bow, restrictive in rural Chichester.
- Regulations: NH low overall, but local wetlands rules slow builds.
- Construction costs: Medium workforce availability, labor 10-15% above national due to shortages.
- New developments in Pembroke/Merrimack corridor add supply.
Housing Buying Market: Demand Drivers
- Net in-migration from high-tax states boosts demand 2.2% state growth.
- Growing remote work sector attracts families to suburbs.
- Pembroke/Chichester see 5%+ pop growth from retirees/young families.
- Declining urban cores like Concord lag at 1.4%.
Key Challenges on the Housing Market
- Rising costs deter younger families; median home $400,000+.
- Limited childcare hampers family settlement.
- Supply lags demand in high-growth suburbs.
- Aging population increases senior housing needs.
- Property taxes 2-2.5% strain affordability.
Investment Potential Differences
| Area | Appreciation potential | Risk | Key drivers |
|---|---|---|---|
| Pembroke/East | High | Low | 5% pop growth, new developments, migration |
| Bow/South | Medium-high | Low | High income/schools, suburban demand |
| Concord Core | Medium | Medium | Stable jobs, but slower 1.4% growth |
| Chichester/West rural | Medium | High | Growth potential vs regulatory hurdles |
| Boscawen/North | Low | Medium-high | Rural, limited infrastructure |
To see all table columns, please open this table on a laptop or desktop computer.
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