Published October 9, 2026 in Market Update

Auburn is still tight, even with rates above 7%

By Lais F

Real estate, Auburn, NH

Rates are high. Freddie Mac put the 30-year fixed rate at 7.28% as of October 1, 2026. Nationally, Realtor.com noted that was the first time rates climbed above 7% since January 2025. That kind of rate usually slows things down. In Auburn, it has not.

The Real Estate Data Aggregator counted just 1.6 months of supply in ZIP 03032 for the three months ending August 31, 2026. That is down 3.4 months from the same period a year before. Six months is the usual line between a buyer's market and a seller's one. Auburn is well below it.

What sold, and how fast

The Real Estate Data Aggregator counted 28 homes sold in Auburn in those three months. That is up 33.3% from the same stretch in 2025. The median sale price came in at $825,950, up 3.8% year over year. Homes sold in a median of 40 days, which is 9 days faster than a year before. More sales, higher prices, shorter waits.

Buyers are still competing

The Real Estate Data Aggregator found that homes in 03032 sold at an average of 102.6% of list price during those three months. That is up 2 points from a year before. Sellers are still getting more than they ask. Nearly 4 in 10 homes, 39.3%, sold above list price. That share is down 8.3 points from last year, so not every home draws a bidding war. But the ones that are priced and prepared well still do.

Speed is the headline

The Real Estate Data Aggregator found that 68.2% of Auburn homes went under contract within two weeks of listing during those three months. That is up 16.2 points from the same period in 2025. More than two in three homes did not last long on the market. That is the clearest sign of how tight things are.

Supply keeps shrinking

The Real Estate Data Aggregator counted just 15 homes for sale in 03032 during those three months. That is down 55.9% from the same period a year before. New listings also fell: 27 came to market, down 6.9% year over year. Fewer homes coming in, more buyers competing for them.

How Auburn compares with the national picture

Nationally, the picture looks different. Realtor.com reported that active listings topped 1.16 million homes in September 2026. Realtor.com also reported that price cuts hit 20.8% of listings in September, the highest share since October 2022. The Federal Housing Finance Agency put U.S. home price growth at 2.6% from July 2025 to July 2026. Auburn's 3.8% price gain and its shrinking supply tell a different story than the national one.

One thing worth saying: these numbers cover all of ZIP 03032 for the three months ending August 31, 2026. One street can read very differently from the whole ZIP code. A home's condition, its price point, and its exact location all shape what actually happens.