Seacoast home prices smash records as median tops $1 million

Another month, another record in the Seacoast’s pricey real estate market.

The median sales price of Seacoast single-family homes exceeded the $1 million threshold in January for the first time.

Seacoast Board of Realtors statistician John Rice, an associate broker with Tate & Foss Sotheby’s International Realty, reported the median price was $1,087,500, a 25.5% increase from January 2025.

The month’s highest-priced sale was in Rye, where a five-bedroom, three-bathroom residence at 433 Central Road, a 15-plus-acre property, sold for $3 million. The circa-1960 ranch-style house is close to Jenness Beach.

Listing agent Tony Jalbert, principal broker at Tate & Foss, stated the property received interest from prospective buyers for possible development on the property’s open land.

“It’s my impression (that) hopefully it’ll remain open space,” he said.

Twenty-five single-family homes in the Seacoast sold for at least $1 million last month, smashing the previous January record of 13. The 25 million-dollar transactions accounted for more than half of the entire month’s single-family sales in the Seacoast.

“This is certainly a very positive way to start the new year,” Ryan Kaplan, president of the Seacoast Board of Realtors, said in a prepared statement. “Consumers continue to demonstrate strong confidence in the value of Seacoast real estate.”

Forty-eight single-family homes sold in the region, up from 38 that sold in January 2025.

23 Seacoast single-family homes sold for less than $1 million

No homes sold for less than $400,000 last month. Thirteen closed between $400,000 and $700,000, while 10 houses sold between $700,000 and $1 million.

To begin February, 100 homes were actively listed on the market.

The Seacoast Board of Realtors collects real estate transactions across 13 local municipalities: Exeter, Greenland, Hampton, Hampton Falls, New Castle, Newfields, Newington, North Hampton, Newmarket, Portsmouth, Rye, Seabrook and Stratham.

Condos median price nearly $600,000

Thirty-six condominiums sold in January in the Seacoast. The median sale price among them was $592,500, a 16.7% year-over-year jump, according to Rice.

Nine condominiums sold for $1 million-plus, a new January high. A home at 70 Maplewood complex in Portsmouth registered as the month’s priciest condominium, selling for $2.6 million.

One condominium sold for less than $300,000 last month. The Hampton unit, a one-bedroom, one-bathroom condo at 87 Winnacunnet Road, sold for $265,000.

Nineteen condominiums sold for between $300,00 and $600,000 last month, in addition to seven selling in the $600,000 to $1 million range.

Ninety-one condominiums were listed at the beginning of February.

This article originally appeared on Portsmouth Herald. Reporting by Ian Lenahan, Portsmouth Herald / Portsmouth Herald