Litchfield, NH—03052
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Litchfield, NH
As of Oct '25, the median home price in Litchfield, NH is $591,000, with a year-over-year change of 2.8%. This indicates that home prices in Litchfield, NH are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $591,000 | 2.8% |
| Single Family | $609,000 | 2.7% |
| Condos | $495,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $496,000 | 3.5% |
3 Bed | $597,000 | 2.9% |
4 Bed | $675,000 | 2.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Litchfield, NH
Litchfield, NH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,750 | $2,750 |
| 3 Bed Rent | $3,100 | $3,550 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Litchfield, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Litchfield, NH is 94. This is a increase of 445.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $627,000 | 12.0% |
Listing Count | 38 | 324.0% |
| Listings as % of Homes | 0.1% | 324.0% |
Days on Market | 94 | 445.0% |
Demographics — Litchfield, NH
As of the latest ACS Survey released in 2023, Litchfield, NH has a population of 8,500, which has increased by 1.2% over the past 5 years. Litchfield, NH is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 44.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,500 | 1.2% |
% Under 18 | 23.5% | 2.6% |
% Seniors | 14.2% | 0.7% |
% WFH | 19.4% | 246.4% |
% w/ College Degree | 44.7% | 17.0% |
As of the latest ACS Survey released in 2023, Litchfield, NH is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Litchfield, NH is hispanic, making up 1.0% of the population. Foreign-born residents account for 5.4% of the population in Litchfield, NH, and this percentage has increased by 145.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.4% | -2.2% |
% Black | 0.0% | N/A |
% Hispanic | 1.0% | 150.0% |
% Asian | 0.9% | 28.6% |
% Foreign Born | 5.4% | 145.5% |
Mortgage and Risk — Litchfield, NH
According to HUD data as of 2023, there were 168 mortgage originations in Litchfield, NH, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Litchfield, NH. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 168 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Litchfield, NH
Litchfield, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,980 |
| 2 Bedroom | -$150 | $2,750 | $2,600 |
| 3 Bedroom | $350 | $3,100 | $3,450 |
| 4 Bedroom | N/A | N/A | $3,670 |
Affordability — Litchfield, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $591,000 |
| Median Household Income | $156,000 |