Photo: nashuanh.gov
Following our exploration of the best real estate investment opportunities across New Hampshire, we turn our focus to Nashua, a city that stands out for its economic strength and rental market potential. Its strong local economy, high rental demand, and strategic location make it an attractive choice for both seasoned and first-time investors. Whether you’re interested in long-term rentals, short-term vacation properties, or fix-and-flip opportunities, Nashua has plenty to offer. Here’s why Nashua stands out as a top investment destination.
Summary, Insights, and Predictions for Nashua’s Real Estate Market (January 2025)
The January 2025 real estate market update for Nashua, NH, shows a strong upward trend, making it an attractive location for real estate investors. Compared to the same period in 2024, closed sales increased by 17.2%, with 34 homes sold, indicating heightened buyer activity. The median sales price rose by 12.9% to $513,750, reflecting continued home value appreciation. Additionally, the volume of closed sales surged by 36.3%, suggesting strong demand and increasing property values.
However, the days on market until sale increased significantly (up 183.3%), indicating that while homes are selling for higher prices, they may be staying on the market longer. This could suggest a shift toward a more balanced market, giving buyers slightly more negotiating power. The inventory of homes for sale dropped by 9.7%, keeping competition relatively high despite the increase in new listings (+7.7%).
Looking ahead, Nashua’s real estate market is expected to remain strong, with steady appreciation in home values and continued buyer demand. The increasing home prices and limited supply could make affordability a concern, but Nashua remains a desirable market due to its proximity to Boston and strong local economy. Investors should focus on long-term appreciation and rental opportunities, as demand for housing remains strong. If mortgage rates stabilize or decline, buyer activity could further accelerate, pushing prices even higher.
Here are the listings of available properties in Nashua. Click the picture below to show all listings.
Strong Economy & Job Market
Nashua is part of the Greater Boston metro area, benefiting from a diverse and robust job market. Major employers in the region include BAE Systems, Southern New Hampshire Medical Center, and Oracle, providing stable employment opportunities and attracting skilled professionals. Additionally, Nashua has a thriving small business community, further supporting economic stability and growth.
Population Trends & Market Stability
Nashua city has a 2024 population of 90,673. While the city is currently experiencing a slight decline at a rate of -0.36% annually, its overall population has only decreased by -0.58% since the most recent 2020 census (which recorded 91,199 residents). Despite this minor decline, Nashua remains a desirable location due to its strong economy and accessibility to Boston, ensuring continued demand for housing and investment opportunities.
Best Investment Strategies in Nashua
Depending on your goals, several investment strategies can work well in Nashua:
✅ Buy & Hold: With strong rental demand and property appreciation, long-term rentals can generate steady cash flow and equity growth.
✅ Multifamily Properties: Investing in duplexes, triplexes, or apartment buildings provides strong rental income and reduces vacancy risks.
✅ Short-Term Rentals: Nashua’s strategic location and limited short-term rental restrictions make it a great market for Airbnb or vacation rentals.
✅ Fix & Flip: Given the competitive housing market, well-renovated properties sell quickly, making it a great opportunity for flippers looking to add value.
Average Salary
Source: ZipRecruiter
The average annual salary in Nashua, NH, is $59,455, which translates to approximately $29 per hour. Salaries in the city vary significantly, with lower earnings around $29,423 and higher salaries reaching $105,513. This income range highlights Nashua’s diverse job market, offering opportunities across different industries and skill levels. The city’s wage levels make it an attractive location for both professionals and investors considering the local real estate market.
High Rental Demand
With rising home prices in Massachusetts, many professionals and families are choosing to live in Nashua due to its affordability and quality of life. This creates a high demand for rental properties. Whether you invest in single-family homes, duplexes, or multi-unit buildings, you can expect a steady stream of tenants looking for well-maintained rental properties.
Affordability Compared to Boston
Nashua offers more affordable property prices than Boston while still providing strong appreciation potential. Investors benefit from New Hampshire’s lack of state income tax and sales tax, making it even more attractive compared to other states in the region. With lower property costs and favorable tax policies, investors can maximize their returns.
Final Thoughts
Nashua, New Hampshire, presents a strong investment opportunity with its growing economy, affordable housing market, and strong rental demand. Whether you’re a new investor looking for cash-flowing properties or an experienced investor seeking appreciation potential, Nashua offers a balanced mix of stability and growth. Now is a great time to explore investment opportunities in this thriving New England city.
Are you ready to start investing in Nashua? Let’s connect and discuss how you can take advantage of this promising market!
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