Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 44,503, 17,955 total housing units (homes and apartments), and a median house value of $394,071, Concord real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Concord, accounting for 42.16% of the city's housing units. Other types of housing that are prevalent in Concord include large apartment complexes or high rise apartments ( 28.05%), duplexes, homes converted to apartments or other small apartment buildings ( 18.56%), and a few row houses and other attached homes ( 6.24%).
People in Concord primarily live in small (one, two or no bedroom) single-family detached homes. Concord has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Concord built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Concord built before 1939 ( 33.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.79%). There's also some housing in Concord built between 2000 and later ( 13.43%).
Appreciation rates for homes in Concord have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.02%, which ranks in the top 30% nationwide. This equates to an annual average Concord house appreciation rate of 7.70%.
NeighborhoodScout's data show that during the latest twelve months, Concord's appreciation rate, at 6.70%, has been at or slightly above the national average. In the latest quarter, Concord's appreciation rate has been 1.13%, which annualizes to a rate of 4.60%.
Relative to New Hampshire, our data show that Concord's latest annual appreciation rate is lower than 50% of the other cities and towns in New Hampshire.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Concord differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Concord - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Concord real estate investment or home purchase decisions.
$394,071
for New hampshire
for nation
17,955
$2,131 / per month