The housing market in the Berlin, NH Metro Area is on the rise. The median value of homes is $216,700, which is much lower than the US House Median Value of $338,100. However, it has shown a higher 1 year house appreciation rate at 10.88%, compared to the US rate of 8.27%. This means that home prices in this area are increasing quickly and investors have been taking advantage of this trend. As the demand for housing increases in the Berlin area, people can expect to see prices continue to rise in the near future.
The median home cost in Berlin Metro Area is $216,700. Home appreciation the last 10 years has been 90.8%. Home Appreciation in Berlin Metro Area is up 18.0%.
Average Age of Homes
- The median age of Berlin Metro Area real estate is 49 years old
The Rental Market in Berlin Metro Area
- Renters make up 18.3% of the Berlin Metro Area population
- 1.2% of houses and apartments in Berlin Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.