The present housing market in Londonderry is down with high active listings and low sales volume. Home prices have decreased 11.3% in the past month. With 13 active listings, inventory is 63% higher than seasonal norms. Homes are now taking an average of 55 days to sell, significantly longer than the 29 days typical for this market. A significant 46.2% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Londonderry market with the affordability index at 352.5. Current trends suggest further price adjustments may occur as the market continues to favor buyers.
Londonderry, NH has a total population of 12,653 residents. The area is predominantly White (90.1%), The area has a more homogeneous population distribution. As a smaller community, Londonderry, NH offers a close-knit residential environment.
Crime analysis for Londonderry, NH shows 123 total incidents across all categories. The most prevalent crime type is Assault (42.3% of all incidents). This is followed by Property Crime at 41.5%. The crime rate in Londonderry, NH is relatively low, with violent crimes being more common than property crimes. This suggests Londonderry, NH is generally a safe area for residents and visitors.
Market predictions for Londonderry, NH show an upward trend in home prices, with values increasing by 5.6%. This indicates a moderate but notable price trend. The current median home price in Londonderry, NH is approximately $536,371.451. Based on current trends, home prices in Londonderry, NH are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
Investment hotspot data for Londonderry, NH is currently unavailable.
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