Portsmouth Housing Market Report March 2025•Rockingham County, New Hampshire

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Housing Prices in Portsmouth, NH

How much do homes in Portsmouth, NH cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Portsmouth is a Seller's Market

Difference Since February 2025

Last month, Portsmouth was a Neutral Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$830,000$575/SqFt
-$32,000
-3.7%

Based on all homes sold in March 2025

Insight

Homes in Portsmouth have sold for 3.7% less than they did a month ago.

Summary: The median home sold price in Portsmouth was $830,000 in March 2025, down 3.7% from last month, and the median price per square foot was $575.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1$461.5K$602.5K
+30.6%
2$630K$577.5K
-8.3%
3$723.2K$915K
+26.5%
4$2.4M$1.2M
-49.1%
5-$1.8M
N/A

Summary: Portsmouth housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes increased by +30.6%. The home price for 2 bedroom homes decreased by -8.3%. The home price for 3 bedroom homes increased by +26.5%. The home price for 4 bedroom homes decreased by -49.1%. The home price for 5 bedroom homes did not change.

How does Portsmouth, NH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Portsmouth, NH

Housing supply in Portsmouth, NH

How many homes are available in Portsmouth, NH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
84Last MonthMar 2025
752 months agoFeb 2025
+12.0 %
Change MoMFeb – Mar

Summary: The Portsmouth real estate market had 84 homes for sale in Mar 2025, a 12.0 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
21Last MonthMar 2025
122 months agoFeb 2025
+75.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
176
-14.3%
22329
+26.1%
32830
+7.1%
41514
-6.7%
525
+150.0%

Summary: Portsmouth housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -14.3%. The inventory for 2 bedroom homes increased by +26.1%. The inventory for 3 bedroom homes increased by +7.1%. The inventory for 4 bedroom homes decreased by -6.7%. The inventory for 5 bedroom homes increased by +150.0%.

Asking Price vs. Sold Price

How much do homes in Portsmouth, NH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price7 Homes

Under Asking Price9 Homes

Insight

If you're buying a home in Portsmouth, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Portsmouth in March 2025, up by 75.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and and 24% were sold over asking.

Days on Market for Portsmouth, NH

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

Home sale times aren’t available for this area.

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Newest Listings in Portsmouth, NH

What homes are available in Portsmouth, NH?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from PrimeMLS, MLS Property Information Network Inc., and Maine Real Estate Information System Inc. / Statewide MLS for the period 02/01/2025 - 04/01/2025

IDX© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.