The housing market in 03255 Newbury, NH is thriving and has seen a steady increase in home values over the past year. The median value of homes in the area is $494,400, which is nearly $150,000 more than the US house median value of $338,100. Over the past year, the US house appreciation rate was 8.27%, while Newbury saw a 10.23% appreciation rate - higher than the national average. This data indicates that real estate in 03255 Newbury is doing significantly better than the national average and offers potential homeowners a strong option if they are looking to invest in property in this area.
The median home cost in Newbury (zip 03255) is $494,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Newbury (zip 03255) is up 16.7%.
Average Age of Homes
- The median age of Newbury (zip 03255) real estate is 37 years old
The Rental Market in Newbury (zip 03255)
- Renters make up 2.5% of the Newbury (zip 03255) population
- 1.8% of houses and apartments in Newbury (zip 03255), 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.