Is Conway, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conway is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Conway was a Buyer's Market.

Key Takeaway

Conway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Conway, NH

How much do homes in Conway, NH cost?

Median Sold Price

$479,900

$271/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$79,900(+20.0%)

Key Takeaway

Homes in Conway have sold for 20% more than they did a month ago.

Summary: The median home sold price in Conway was $479,900 in May 2024, up 20% from last month, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$365K
N/A
2 $350K$424.5K
+21.3%
3 $450K$550K
+22.2%
4 --
N/A
5+ --
N/A

Summary: Conway housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Conway
+30.0%
Conway
+20.0%
Center Conway
-7.3%
Intervale
-32.1%

Housing Supply in Conway, NH

How many homes are available in Conway, NH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4366+53.5%

Summary: The Conway real estate market had 66 homes for sale in May 2024, a 53.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1118
+63.6%
3 2336
+56.5%
4 57
+40.0%
5+ 34
+33.3%

Summary: The Conway housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 63.6%, 3 bedroom homes increased by 56.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
413+225.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conway, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Conway in May 2024, up by 225.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for Conway, NH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Conway, NH

Nearby Markets to Conway, NH

What housing markets are near Conway, NH?