Nashua NH Real Estate

By Shaun MacDonald
Posted Monday, Nov 7, 2022

Home buying or selling can get overwhelming. Determining the city or town you'd like to live is amongst hundreds of questions that are circling your mind. Even further, which town has a strong real estate market?

I relocate people from all over the country to New Hampshire and this a common conversation topic.

Let's delve into the Nashua NH real estate market and touch on a few key points. With a little more information we can move you closer to your decision on whether this is the right city for you.

A Quick Rundown of Nashua, NH

Nashua is the second largest city in New Hampshire and by all accounts an incredible place to work, visit, and live. Money magazine has twice deemed the city the "Best Place to Live in America." That's no joke.

If you're looking for a healthy blend of shopping, city, and suburb this is it.

There are 3 major commercial districts in Nashua. The first one is right smack-dab in the middle of the City, Main street. Here you'll find a great bar scene, privately owned restaurants, and boutiques.

The next is located right on the MA border near Tyngsborough. This is the largest retail hub. Here you can find the mall of NH and a 5 mile stretch of every retail store you can think of. There are also great restaurants sprinkled throughout.

Lastly, there is Amherst street. This is restaurant row! You can find all kinds of great restaurants here to satisfy any palette.

For those looking for close access to medical facilities there are two hospitals in Nashua, St. Joseph Hospital and Southern New Hampshire Health System. These are 2 of the top 10 hospitals in the state according to Dexur.

If you're looking for entertainment there's no shortage of things to do in Nashua, NH. Outside of the aforementioned restaurants, malls, bars, and shopping complexes you can catch a baseball game at Holman Stadium or go for a hike at Mine Falls Field. There are movie theatres, ice rinks, play places and much more.

Should I Buy In The Nashua NH Real Estate Market?

The bottom line is this, it's a great place to live. Nashua has a great mix of city and quiet suburb living. Let's take a look at a few reasons why the Nashua NH real estate market is so strong.

1. Solid Commuter Location

The Boston job market is one of the strongest in the country. With many tech companies moving AI divisions this way along with the cities already booming Medical and Education markets its only getting bigger and in higher demand.

This is causing housing prices near the city to soar! Most of the middle class is being forced out of the greater Boston area. So many people are seeking housing in southern NH along the major highways. Guess what? Nashua is smack dab in the middle of both of the major NH arteries down to Boston.

Here's an analysis of the Boston housing market done by Norada Real Estate Investments using Zillow.

With that said, analysts are predicting the Nashua NH real estate market will continue appreciating.

2. Affordability

While the Nashua NH real estate market is on fire just like the rest of the country it is still one of the few bastions of affordability in southern NH.

New Hampshire has the 3rd highest property tax in the country (This is to offset the lack of taxes in other areas). Nashua comes in at the 114th lowest tax rate out of 235 towns. So right in the middle. At least it's nowhere near the highest!

As I'm sure you already know, NH doesn't have income tax or sales tax. This makes the cost of living here much lower than most other metropolitan areas.

3. Future Development

This is a topic that most home-buyers overlook. It also happens to be a huge factor in why the Nashua NH real estate market is so strong.

Nashua has a steady stream of valuable development projects always in the pipeline.

There is alot of development currently taking place along the riverside. Amongst several of those projects the town is developing a 26 acre plot of land for commercial and industrial use.

Within the next several years the town has reserved funding for building out the rail system to extend from Lowell, MA up through Nashua towards Concord, NH. This will make commuting to Boston alot more accessible to people. When this is built out Nashua NH real estate values should see a nice increase.

Frequently Asked Questions About Nashua NH Real Estate

Are Nashua NH Real Estate Taxes High?

Not really, for tax rate Nashua ranks 114 out of 235 when compared to all NH cities & towns. As of 2021 residents were expected to pay $22.61 per thousand dollars of assessed property value and properties were assessed at 88.8% of their full value.

Is The Nashua NH Real Estate Market Strong?

Absolutely! Nashua is constantly one of the strongest markets in NH. This city has the second most homes bought and sold every year. It also has a great job market as well as being on the border for commuting to Boston, an even stronger job market. This alone means Nashua properties are always in high demand.

Where Can I Find a Good Nashua NH Real Estate Agent?

I've said this many times, finding a good agent is like navigating a mine field. You need to be careful and thoroughly sweep for a good agent. Sadly, 70% of all buyers and sellers go with the first agent they talk to.

There are many resources to find good agents. Google maps pairs you with agents who are familiar with the local market. Zillow has a great feedback based ranking system with a stringent review system.

If you want the very best in customer service, you can stop your search now because I'm agent for you.

How Do I Look Up Nashua NH Real Estate Public Records?

The city has a great tool on their website for looking up all property sales. It allows you to navigate a map and click on a specific home or type in a subject address.