Published October 1, 2026 in Market Update

Auburn stayed tight even with rates above 7%

By Vladimir Babic

Real estate, Auburn, NH 500k SF

Freddie Mac put the 30-year fixed rate at 7.03% as of September 24, 2026. Nationally, Realtor.com noted mortgage rates topped 7% for the first time since January 2025. That is real pressure. But in Auburn, the numbers for the three months ending July 31, 2026 tell a different story than the national headlines.

The Real Estate Data Aggregator counted 59.3% of Auburn homes going under contract within two weeks of listing, for the three months ending July 31, 2026. That share jumped 17.2 points from the same period in 2025. Good homes are not sitting. Buyers who wait to see what happens are often finding out too late.

Prices and sales both moved up

The Real Estate Data Aggregator counted 30 homes sold in ZIP 03032 for the three months ending July 31, 2026. That is up 25% from the same stretch in 2025. The median sale price reached $855,450, up 6.7% year over year. For context, the Federal Housing Finance Agency reported U.S. house prices rose just 2.6% from July 2025 to July 2026. Auburn ran more than twice that pace.

Supply is thin, and that shapes everything

The Real Estate Data Aggregator found just 14 homes for sale in ZIP 03032 during the three months ending July 31, 2026. That is down 53.3% from the year before. With 1.4 months of supply, this is a market where buyers have very few choices at any given moment. Nationally, Realtor.com reported active listings grew 5.5% year over year, topping 1.16 million homes. Auburn is moving in the opposite direction.

Sellers are still getting above list

The Real Estate Data Aggregator put the average sale-to-list ratio at 102.4% for the three months ending July 31, 2026, up 1.5 points from a year before. That means sellers got more than they asked, on average. About 36.7% of homes sold above list price. That share is down 9.1 points from a year ago, so not every home draws a bidding war. But the ones that are priced and prepared well still do.

Nationally, Realtor.com reported 20.8% of listings had their price reduced in September, the highest share since October 2022. Auburn is not seeing that same pressure. Pending sales here rose 42.1% from a year before, according to the Real Estate Data Aggregator. Demand is real.

One thing worth saying plainly: 39 days is the median, not a guarantee. Some homes move in days. Others take longer. One street can read very differently from the ZIP code as a whole. If you want to know what the numbers look like for your specific address, that is worth a closer look.