PLAINFIELD MARKET AREA
The Plainfield, New Hampshire real estate market had a solid year in 2021 with eighteen (18) sales of single-family homes, down from twenty-seven (27) sold in 2020. The average price of homes sold jumped substantially to a new record-high, registering at $534,728 compared to a previous high of $450,632 set in 2017.
Of all 18 sold homes, buyers paid either at or above the seller’s asking price in thirteen (13) of those transactions, with the average negotiating discount– percent difference between a home’s list price and sale price– dropping more than a percent from 2020 to 2.08%. With inventory lasting a record-low 18 days on the market prior to sale, Plainfield buyers proved they were willing to act fast and pay more this year than ever before.
Inventory is now at a premium, however, as there were just three (3) single-family homes actively listed in Plainfield as of December 31. Though we remain optimistic about the 2022 market, Plainfield will need a considerable infusion of listings to satisfy what we expect to be continued strong buyer demand.
GREATER HANOVER-LEBANON MARKET AREA
Like the GWA market, the Greater Hanover-Lebanon market area (Hanover, Hartford, Lebanon, Lyme, Norwich, Plainfield, Strafford) registered its second-highest total number of transactions in history with 401 sales of single-family homes, shy of 2020’s record of 439. Buyers paid either at or above a seller’s asking price in 266 of the 401 sales that transacted over the year, with the average price of a home reaching a record $620,277.
Not surprisingly, these record totals have left a vacuum in terms of available inventory, as there were just eighteen (18) single-family homes actively listed in the entire Greater-Hanover market area on December 31, 2021, down from twenty-eight (28) at the same point in 2020 and down sharply from the eighty-four (84) available at this time in 2019.
In regard to luxury sales, the Greater Hanover-Lebanon market area saw a record fifty-seven (57) sales of homes that sold/closed for $1 million or more, shattering the previous record of thirty-six (36) set in 2020. The town of Hanover alone recorded thirty (30) luxury sales, its highest total in history. Snyder Donegan was pleased to represent nineteen (19) of the buyers and/or sellers of those luxury properties, including the highest priced sale in Norwich 2020 (180 Birch Hill Lane –$3.375 million).
PLAINFIELD FY 2021 BY THE NUMBERS
- 18 SOLD single-family homes
- Average Price: $534,728
- Median Price: $402,500
- Total Volume: $9,625,103
- Average Negotiating Discount: 2.08%
- Average Days on the Market: 18.2
- 3 ACTIVELY LISTED single-family homes
- Average Price: $638,000
- Median Price: $675,00
- Average Days on the Market: 66.3
Charts illustrating portions of the above information can be found below, followed by a complete list of all 18 properties that sold during FY 2021.
A list of all 18 properties that sold/closed in Plainfield during FY 2021 is below.
| 32 Sugar Hill Road, Plainfield, NH | $60,000 |
| 2 Underhill Road, Plainfield, NH | $226,000 |
| 1301 Route 120, Plainfield, NH | $227,700 |
| 282 Penniman Road, Plainfield, NH | $255,000 |
| 82 Camp Road, Plainfield, NH | $265,000 |
| 1120 Route 12A, Plainfield, NH | $300,000 |
| 54 Bonner Road, Plainfield, NH | $350,500 |
| 80 Bean Road, Plainfield, NH | $370,000 |
| 113 Tallow Hill Road, Plainfield, NH | $400,000 |
| 236 Stage Road, Plainfield, NH | $405,000 |
| 290 Porter Road, Plainfield, NH | $426,500 |
| 113 Main Street, Plainfield, NH | $430,000 |
| 16 Baynes Road, Plainfield, NH | $472,000 |
| 116 Freeman Road, Plainfield, NH | $577,403 |
| 168 Croydon Turnpike, Plainfield, NH | $800,000 |
| 80 Ladieu Road, Plainfield, NH | $900,000 |
| 173 Chellis Road, Plainfield, NH | $1,310,000 |
| 131 Ladieu Road, Plainfield, NH | $1,850,000 |
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