Nashua, NH

Population: 87,137
Average annual home appreciation rate: 7.94%
Total of homes for sale in this market: 270
Median home price: $244,420
Median Rent: $1,245 per room
Home price range: 48.25% of homes are between $205,001 – $307,000
Median sales price: $240,000
Number of homes: 170
Median foreclosure sales price: $170,000
Foreclosure discount: 29%
Most common home type: 44.83% of homes are Single Family Detached
Number of vacant homes: 6.23%
Number of renters: 43.49%
Number of owner occupied: 56.51%
Number people living below poverty level: 10.77%
Unemployment rate: 4.10%
Is this area perfect for real estate deals going on right now? Nashua has been a positive performer for the past decade when it comes to home appreciation. Statistics show that it may even be trending MORE in just this past quarter than it has for a while. There are some other things savvy investors might fight attractive when looking at the Nashua market… 1. Lower overall home prices in comparison to homes in other markets in the area. 2. Higher rental rates 3. Almost as many ‘troubled’ properties as there are regular properties for sale on the market. (This could mean great deals for cash investors)

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