Demographics & Housing Market Conditions
Home Values & Sales “
Ownership Units by Structure Type
Source: ACS 2018
90%
Ownership Units by Age of Structure m % of Units
Source: ACS 2018 80% 77%
. fe) 70%
Age Units % of Total
. ° 60%
Built 2000 or later 1,893 10%
Built Between 1980 and 1999 6,189 31% 50%
Built Between 1960 and 1979 7,108 36% 20%
Built 1959 or earlier 4,553 23%
30%
MOST OWNERSHIP UNITS WERE CONSTRUCTED BETWEEN 1960 AND 1999. 20%
In Nashua, 67% of all owner-occupied units were constructed
between 1960 and 1999. Nearly three-quarters of all owner- 10% 7%
occupied units are less than 60 years old. By New England 4% 2% 1% A% 19 A%
standards, Nashua’s housing stock is relatively new. One of the 0% |_| im = __ im __ mm
challenges is to address the housing constructed early, which 1-Unit 1-Unit 2-Unit | 39Units 10-19Units 20-49 Units 50orMore Mobile
tends to be concentrated in and around Downtown Nashua. One Detached Attached Units | Home Units
advantage in Nashua is that a focused effort on housing rehab
within neighborhoods with older housing could help preserve that
housing stock longer term, particularly where that housing stock OWNERSHIP UNITS ARE CONCENTRATED IN SMALLER STRUCTURES.
is supporting naturally occurring affordable units. Not surprisingly, a large majority (84%) of owner-occupied units are found in single unit
structures whether attached or detached. Taking both one- and two-unit structures
together that numbers jumps to 88% of all ownership units. Very few units are in structures
larger than ten units, which might indicate a larger condominium development. Nashua has
approximately 767 owner-occupied mobile home units, although that number has been
shrinking over time. This is another housing option that can provide an affordable housing
option for small households.
Nashua Housing Study - 21
