Somersworth, NH—03878
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Somersworth, NH
As of Oct '25, the median home price in Somersworth, NH is $428,000, with a year-over-year change of 3.2%. This indicates that home prices in Somersworth, NH are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $428,000 | 3.3% |
| Single Family | $432,000 | 2.9% |
| Condos | $319,000 | 7.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $369,000 | 1.7% |
3 Bed | $450,000 | 3.7% |
4 Bed | $439,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Somersworth, NH
As of July '25, Rentcast reports the average rent in Somersworth, NH is $1,950, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Somersworth, NH is 1-bedrooms: $1,440, 2-bedrooms: $1,830, 3-bedrooms: $2,310, 4-bedrooms: $2,920. The most common rental property sizes in Somersworth, NH are 2-bedroom and 1-bedroom, accounting for 44.5% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,440 |
| 2 Bed Rent | $1,850 | $1,830 |
| 3 Bed Rent | $2,350 | $2,310 |
| 4 Bed Rent | $2,900 | $2,920 |
% of Rental Stock
Property Listings — Somersworth, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Somersworth, NH is 29. This is a increase of 12.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | -19.0% |
Listing Count | 31 | 69.0% |
| Listings as % of Homes | 0.1% | 69.0% |
Days on Market | 29 | 12.0% |
Demographics — Somersworth, NH
As of the latest ACS Survey released in 2023, Somersworth, NH has a population of 12,100, which has increased by 1.6% over the past 5 years. Somersworth, NH is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,100 | 1.6% |
% Under 18 | 18.9% | -10.8% |
% Seniors | 15.3% | 13.3% |
% WFH | 10.9% | 990.0% |
% w/ College Degree | 28.6% | 10.4% |
As of the latest ACS Survey released in 2023, Somersworth, NH is a predominantly white area, with 82.5% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Somersworth, NH is hispanic, making up 5.7% of the population. Foreign-born residents account for 5.7% of the population in Somersworth, NH, and this percentage has decreased by 40.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.5% | -1.2% |
% Black | 2.6% | -7.1% |
% Hispanic | 5.7% | 90.0% |
% Asian | 2.8% | -62.7% |
% Foreign Born | 5.7% | -40.0% |
Mortgage and Risk — Somersworth, NH
According to HUD data as of 2023, there were 222 mortgage originations in Somersworth, NH, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Somersworth, NH. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 222 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Somersworth, NH
As of 2024, the percent of homes in Somersworth, NH under the Section 8 program is 24.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Somersworth, NH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 495 |
Total Units Section 8 | 495 |
% Rentals under Section 8 | 24.4% |
% Occupied Section 8 | 96.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,400 | $1,430 |
| 2 Bedroom | -$40 | $1,850 | $1,810 |
| 3 Bedroom | -$40 | $2,350 | $2,310 |
| 4 Bedroom | -$200 | $2,900 | $2,700 |
Affordability — Somersworth, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $428,000 |
| Median Household Income | $79,700 |