While NH real estate sales rose in May by 3.7%, year-to-date, they are down 1.2%. The reality is there are just not enough homes on the market for the number of buyers looking to make purchases and that’s a serious problem. The most desirable homes, the ones that are selling, tend to be smaller, and more affordable, slowing the median increase.
According to the New Hampshire Board of Realtors, A continuing decline in housing inventory pushed up the median cost of buying an existing single-family home in NH to $300,000 in May 2019 - 5.4% higher than May 2018. For the average 1,500-square-foot home built before the 1960s, that comes to about $200 per square foot. That said, the exact price can vary widely based on your geographic location.