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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Weare, NH Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Weare, NH Housing Market Trends

With 9,199 people, 3,505 houses or apartments, and a median cost of homes of $404,714, Weare real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Weare, accounting for 84.87% of the town's housing units. Other types of housing that are prevalent in Weare include duplexes, homes converted to apartments or other small apartment buildings ( 4.69%), large apartment complexes or high rise apartments ( 4.64%), and a few mobile homes or trailers ( 3.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Weare. Owner-occupied housing accounts for 94.29% of Weare's homes, and 71.51% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Weare 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 Weare built between 2000 and later ( 20.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.39%). There's also some housing in Weare built before 1939 ( 7.65%).

Vacant housing appears to be an issue in Weare. Fully 12.94% of the housing stock is classified as vacant. Left unchecked, vacant Weare homes and apartments can be a drag on the real estate market, holding Weare real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Weare Home Appreciation Rates

Appreciation rates for homes in Weare have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.43%, which ranks in the top 40% nationwide. This equates to an annual average Weare house appreciation rate of 7.36%.

Over the last year, Weare appreciation rates have trailed the rest of the nation. In the last twelve months, Weare's appreciation rate has been 4.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Weare were at -3.47%, which equates to an annual appreciation rate of -13.16%.

Notably, Weare's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New Hampshire, our data show that Weare's latest annual appreciation rate is lower than 80% of the other cities and towns in New Hampshire.

Average Home Values

Median Home Value

$404,714

Weare, NH Home Prices
> $1,343,000
$1,007,001 - $1,343,000
$672,001 - $1,007,000
$537,001 - $672,000
$403,001 - $537,000
$268,001 - $403,000
$134,001 - $268,000
$67,001 - $134,000
$0 - $67,000
0.7%
0.7%
1.4%
1.4%
8.5%
8.5%
16.3%
16.3%
28.0%
28.0%
40.8%
40.8%
1.8%
1.8%
1.9%
1.9%
0.6%
0.6%
0% 100.0%
% of Homes
Low

for New hampshire

High

for nation

Number of Homes And Apartments:

3,505

Weare Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,405 / per month

Homeownership Rate

Owners
Renters
94.3%
94.3%
5.7%
5.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
12.9%
12.9%
87.1%
87.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.7%
20.7%
58.3%
58.3%
13.4%
13.4%
7.7%
7.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
84.9%
84.9%
2.5%
2.5%
4.7%
4.7%
4.6%
4.6%
3.3%
3.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
4.1%
4.1%
22.5%
22.5%
60.8%
60.8%
10.7%
10.7%
1.8%
1.8%
0% 100.0%
% of Homes