Amherst, NH 03031 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The neighborhood's primary market indicator, the median sold price, is $637,000, which should be treated as the most reliable signal of current market value and recent transaction activity.
2. Listing expectations remain elevated relative to recent transactions — the median listing price is $500,000 while the representative recent sale is $637,000 — this pricing dispersion may indicate pricing friction between sellers and the market.
3. Market velocity appears slow: the median days on market is 351, which suggests slower sales velocity and may indicate that properties require extended marketing time to reach contract.
4. Broader market context is supportive but mixed: price trends are up and the market temperature is hot (suggesting continued seller strength), while rent trends are down and interest rate pressure is moderate, so buyers should expect strong price momentum but some affordability headwinds (up and moderate signals).

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.