What’s Happening in the Belknap County New Hampshire Housing Market? – December 16, 2025 Update

Seller’s Perspective

• Pricing Power: Sellers are achieving an average of 97.9% of their final list price at sale, indicating strong negotiation leverage and minimal discounting. Homes are also selling for 95.2% of their original list price, so accurate initial pricing is important.
• Market Activity: The average days on market (DOM) for sold homes is 66 days, with a median of 45 days, showing homes are moving at a moderate pace.
• Inventory & Demand: The months’ supply of inventory is at 3.0, which suggests a market that slightly favors sellers but is not extremely tight. The pending ratio is 10%, meaning there are about 1 pending sale for every 10 active listings, indicating steady but not aggressive buyer activity.
• Advice: Well-presented, appropriately priced homes are likely to sell within two months and close to asking price. Pricing competitively from the start remains critical.

Buyer’s Perspective

• Negotiation Room: While homes are selling close to their list prices, buyers may find some flexibility, especially if a property has been on the market longer than average.
• Selection: With 367 active listings and a 3-month supply, buyers have a reasonable selection but should be prepared to act quickly on well-priced homes.
• Market Pace: The average DOM for active listings is 82 days, so there are opportunities to negotiate, particularly on homes that have lingered on the market.
• Advice: Buyers should come prepared with financing and be ready to make strong offers on desirable properties, but can afford to be selective and negotiate on homes that have not sold quickly.

Summary:
Belknap County is currently in a balanced market with a slight tilt toward sellers. Homes are selling near list price and within a reasonable timeframe, but buyers still have options and some negotiating power—especially on properties that are overpriced or have longer DOM.


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