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Seacoast home prices smash records as median tops $1 million

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

This five-bedroom, three-bathroom house in Rye at 433 Central Road sold for $3 million in January 2026, the most expensive sale of a record-setting month, according to the Seacoast Board of Realtors. USA Today via Reuters Connect

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

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