If you’ve been thinking about making a move on the New Hampshire Seacoast—especially in popular areas like Portsmouth—now is a great time to get up to speed on the latest local housing trends. Here’s what we’re seeing so far in early 2025:
More Homes for Sale on the Seacoast
As of March 2025, there are 24.1% more homes for sale than in March 2024. That’s a significant increase in inventory, giving buyers more choices and sellers a more competitive environment. Whether you’re eyeing a coastal cottage or a downtown condo in Portsmouth, the expanded supply means you’re more likely to find something that fits your needs.
“While more inventory means buyers will likely have more time to make purchase decisions in 2025, in any market, a fast-acting buyer will have a higher likelihood of making the winning offer,” says Realtor.com Chief Economist Danielle Hale.
That’s why we always advise clients to get pre-approved and ready to act quickly when the right home hits the market.
Home Prices Are Easing, But Not Falling
The median price of a single-family home on the New Hampshire Seacoast dipped slightly—down 4.2% year-over-year, from $655,000 in February 2024 to $627,500 in February 2025.
It’s important to note that this doesn’t mean home values are declining. A lower median price typically indicates that more lower-priced homes are selling—not that overall value is dropping.
More Time to Make Your Move
With more homes available, buyers aren’t feeling quite as rushed. In fact, the average time on market in February 2025 is 31 days, giving you a bit more breathing room during the search and negotiation process.
Mortgage Rates & Market Timing
With inventory growing and prices softening slightly, this could be the window you’ve been waiting for—especially if mortgage rates hold steady or ease a bit. More homes, better pricing, and less pressure combine to create a more balanced market for spring 2025.
Whether you’re buying, selling, or just exploring, we’d love to be your trusted local guides. We’re Jim Lee & Ann Cummings, longtime Portsmouth REALTORS® with deep roots and deep knowledge of the New Hampshire Seacoast.
Let’s talk about what these trends mean for you. Call us at 603.436.1221
Visit newhampshiremainerealestate.com for the latest listings, price updates, and community insights.
