Laconia, NH

Population: 16,010
Average annual home appreciation rate: -0.11%
Total of homes for sale in this market: 188
Median home price: $184,456
Median Rent: $905 per room
Home price range: 48.49% of homes are between $98,001 – $197,000
Median sales price: $135,000
Number of homes: 48
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 49.18% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 28.61%
Number of renters: 45.07%
Number of owner occupied: 54.93%
Number people living below poverty level: 15.32%
Unemployment rate: 4.60%
Is this area perfect for real estate deals going on right now? When one looks at the success of real estate investors overall, you will find that many of them have found their success when investing in properties in areas such as Laconia when the economy is down, and then benefiting from the recovery when it begins to move up, and the appreciation rates climb with the economic bounce back.

Manchester, NH

Population: 110,040
Average annual home appreciation rate: 3.84%
Total of homes for sale in this market: 470
Median home price: $205,560
Median Rent: $879 per room
Home price range: 47.74% of homes are between $184,001 – $276,000
Median sales price: NO DATA
Number of homes: 350
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 37.50% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.74%
Number of renters: 49.36%
Number of owner occupied: 50.64%
Number people living below poverty level: 14.10%
Unemployment rate: 5.10%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Manchester area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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)

Keene, NH

Population: 23,419
Average annual home appreciation rate: 0.56%
Total of homes for sale in this market: 120
Median home price: $187,706
Median Rent: $1,036 per room
Home price range: 45.68% of homes are between $98,001 – $197,000
Median sales price: $179,533
Number of homes: 84
Median foreclosure sales price: Still Computing Data
Foreclosure discount: Still Computing Data
Most common home type: 48.33% of homes are single family detached
Number of vacant homes: 6.73%
Number of renters: 51.57%
Number of owner occupied: 48.44%
Number people living below poverty level: 17.49%
Unemployment rate: 3.50%
Is this area perfect for real estate deals going on right now? There could be some great opportunity for investors in the Keene market right now… to point out some highlights… 1. Overall home prices lower. 2. HIGH rental rates. These alone could help the savvy investor make a return on investment…specially if the properties were once ‘troubled’ or vacant.