03076, Pelham, NH

The 3076 zip code of Pelham, NH has a median home value of $206,000 and a median home equity value of $143,000. The average home in the 3076 zip code was built in 1978 and is approximately 2,500 square feet. The average price per square foot for homes in the 3076 zip code is $123.

According to Zillow’s Home Value Index report for Pelham, NH, the median list price for homes in the 3076 zip code increased by 5.8% from January 2018 to January 2019. This growth rate was below the national average of 7.5%. However, when compared to January 2018 alone, the list price growth rate was 12%. This indicates that there may be some potential buyers who are looking for properties within this area but are not able to purchase them at this time due to elevated prices.

When comparing prices within Pelham to other nearby areas (such as Nashua or Manchester), it can be seen that prices are generally higher here than they are elsewhere in those cities. For example, according to Trulia’s Cost of Living Index report for Pelham as of 2019, the cost of living here is about 25% higher than it is in Nashua and about 45% higher than it is in Manchester. This means that while people living within this area may be able to afford a property here if they have enough money saved up, someone looking from outside of Pelham may not be able to afford one even with a larger down payment or more money available for monthly expenses.

Despite these high prices however, there does seem to be some potential buyers who are interested in purchasing properties within this area – especially given that interest rates remain low overall and inflation has been relatively low over recent years (although it could potentially increase again). As long as interest rates stay low and there aren’t any major changes (such as an increase in unemployment) that would cause demand for housing within this area to decrease significantly then prices should continue increasing slowly but steadily over time – which would benefit both sellers and buyers alike!