Property Management in Londonderry, New Hampshire

Located a short drive west of the Atlantic coastline Londonderry, New Hampshire is ranked the eighth largest established city in the state with a population of 26,126. Established in 1722, the community was named after the city in Ireland from where a majority of the settlers had come. The city experienced a large population boom between 1970 to 1980 with a growth of over 154% shooting the population from 5,346 to 13,598 in just ten years. According to the US Census Bureau, it is also the fastest growing community in New England, from 1980 to 2017 the population has gained another 12,528 residents.

Property management in Londonderry

Being located near the Atlantic Ocean gives the state a humid continental climate, meaning it experiences four distinct seasons. Warm, humid summers and very cold, snowy winters make it a great place for seasonal tourism and activities such as skiing and hiking. A part of the Merrimack valley, the community is famous for its many apple orchards and dairy farms including the well known Stonyfield Farm which is famed for it’s organic yogurt. It is also home to the only aviation museum in the state. Best known for gorgeous mountain ranges and green landscape, it is also nicknamed the Granite State for the many granite quarries located within its borders.

The city has a crime rate 66% lower than the national average and a poverty rate of less than 4% making it attractive to potential residents and land developers. 94% of residents here are white, and 39% of residents hold a bachelor’s degree or higher. 95% of residents hold a high school diploma or equivalent. The average household income in 2016 was $85,192 and the estimated median home value was $293,157. The average household size is 2.72 and the median age of residents is 49 years. Potential home buyers will be looking at an average of $250,000 for a 2 bedroom, 2 bath, 2,000 square foot home. The median cost per month of a 2 bedroom, 1.5 bath rental property is around $1,350. Home styles in this community are varied with beautifully crafted ranch style homes, townhouses and farm style homes. With a rapidly rising population Londonderry, New England is sure to undergo more real estate development, including residential and commercial real estate properties. Call to talk to a property manager for an in depth analysis of your rental property and with any questions about our property management services.