Demographics & Housing Market Conditions
Home Values & Sales
THE NUMBER OF HOMES SELLING FOR OVER $250,000 HAS
MORE THAN TRIPLED SINCE 2010.
Since 2010, the number of sales of homes priced at or
above $250,000 has increased 221% from 208 sales in
2010 to 668 sales in 2019. Homes selling in nearly every
other price range have either decreased or remained the
same. Some of this increase is from new, more
expensive homes being built and entering the market at a
much higher price than existing home sales. More
influential are the existing homes in Nashua that are
increasing in price with natural appreciation as demand
to live in the city has grown. Many homes have either
jumped into the $250,000+ price range naturally or have
undergone renovations and rehabilitation that increased
sales value.
According to MLS data, homes built after 1990 are selling
at nearly twice the amount as homes built between 1900
and 1950. Homes built prior to 1990 sold for an average
of $265,000 while homes built after 1990 sold for an
average of $403,000.
Homes containing three or four bedrooms comprised
96% of home sales in Nashua in 2019. That has remained
consistent since 2010. This is likely due to the
composition of Nashua’s ownership housing market
having far more three- and four-bedroom homes than
those larger or smaller. There were very few one- or two-
bedroom sales in 2019, indicating a relatively small
condo market in the city.
Nashua Housing Study - 24
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ASSOCIATES INC
Number of Sales by Price Range
Source: MLS 2010-2019
668
208
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
$50,000- $100,000
$150,000 - $200,000
——= Greater than $250,000
Under $50,000
eevee $100,000 - $150,000
$200,000 - $250,000
