Nashua, NH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Nashua, NH Housing Market Trends

With 89,355 people, 36,534 houses or apartments, and a median cost of homes of $337,152, Nashua real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Nashua, accounting for 45.72% of the city's housing units. Other types of housing that are prevalent in Nashua include large apartment complexes or high rise apartments ( 32.87%), duplexes, homes converted to apartments or other small apartment buildings ( 14.04%), and a few row houses and other attached homes ( 5.17%).

People in Nashua primarily live in small (one, two or no bedroom) single-family detached homes. Nashua has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Nashua built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Nashua built between 1940-1969 ( 23.93%). A lesser amount of the housing stock also hails from before 1939 ( 18.83%). There's also some housing in Nashua built between 2000 and later ( 9.41%).

Nashua Home Appreciation Rates

Appreciation rates for homes in Nashua have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 42.57%, which ranks in the top 40% nationwide. This equates to an annual average Nashua house appreciation rate of 3.61%.

Appreciation rates are so strong in Nashua that despite a nationwide downturn in the housing market, Nashua real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Nashua appreciation rates continue to be some of the highest in America, at 7.36%, which is higher than appreciation rates in 91.43% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Nashua. Nashua appreciation rates in the latest quarter were at 2.71%, which equates to an annual appreciation rate of 11.27%.

Relative to New Hampshire, our data show that Nashua's latest annual appreciation rate is lower than 60% of the other cities and towns in New Hampshire.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Nashua differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Nashua - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Nashua real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$337,152

Nashua, NH HOME PRICES

> $1,223,000
0.2%
0.2%
$918,001 - $1,223,000
0.4%
0.4%
$612,001 - $918,000
3.7%
3.7%
$489,001 - $612,000
5.9%
5.9%
$367,001 - $489,000
19.7%
19.7%
$245,001 - $367,000
41.2%
41.2%
$122,001 - $245,000
23.8%
23.8%
$61,001 - $122,000
3.3%
3.3%
$0 - $61,000
1.8%
1.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for NH

Value Relative To Nation

Number Of Homes And Apartments:
36,534

Nashua Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
87.12% 3.03%
6
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,947 / per month

Homeownership Rate

Owners
53.8%
53.8%
Renters
46.2%
46.2%
Vacant
3.7%
3.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
9.4%
9.4%
1970 - 1999
47.8%
47.8%
1940 - 1969
23.9%
23.9%
1939 or Older
18.8%
18.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
45.7%
45.7%
Townhomes
5.2%
5.2%
Small Apt. Buildings
14.0%
14.0%
Apt. Complexes
32.9%
32.9%
Mobile Homes
2.2%
2.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.7%
2.7%
1 Bedroom
14.6%
14.6%
2 Bedrooms
33.4%
33.4%
3 Bedrooms
31.4%
31.4%
4 Bedrooms
14.9%
14.9%
5 or more bedrooms
3.0%
3.0%
0.0% 100.0%
% OF HOMES