Why Live in Madbury
Madbury is a small, rural neighborhood known for its quiet charm and large properties, often exceeding 2 acres. Located between Dover, Durham, and Lee, Madbury is home to fewer than 2,000 residents, many of whom commute to nearby towns for work. The neighborhood features Colonial, ranch-style, and new traditional homes, which are in high demand and typically sell quickly. Children in Madbury attend highly rated schools, including Moharimet School and Oyster River Middle School. The University of New Hampshire, offering extensive academic programs, is just under 2 miles away. Madbury's landscape is dotted with farms, open fields, and protected lands, providing ample opportunities for outdoor activities such as hiking, mountain biking, and kayaking. Kingman Farm is a popular spot for trails, while Bellamy Reservoir and Barbadoes Pond are favored for water activities. The neighborhood has a few small parks with athletic fields and an exclusive tennis club. Essential amenities like grocery stores and restaurants are found in nearby Lee or Dover. Madbury Day is a notable local event featuring a pancake breakfast, live music, games, and a parade. While some areas are prone to flooding, most homes are unaffected, and new construction adheres to regulations to mitigate flood risks. The crime rate in Madbury is lower than the national average, contributing to its appeal as a peaceful residential area.
Frequently Asked Questions
What is the average home price in Madbury, NH?
Homes for sale in Madbury, NH have an average home price of $836,337.
How many homes have sold over the last 12 months in Madbury, NH?
14 homes have sold in Madbury, NH over the last 12 months.
What are the most popular zip codes in Madbury, NH?
How much do you need to make to afford a house in Madbury?
The median home price in Madbury is $699,949. If you put a 20% down payment of $140,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $3,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $156K a year to afford the median home price in Madbury.
How are the schools in Madbury, NH?
Home Trends in Madbury, NH
On average, homes in Madbury, NH sell after 36 days on the market compared to the national average of 50 days. The median sale price for homes in Madbury, NH over the last 12 months is $715,000, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$715,000
Median Single Family Sale Price
$699,999
Average Price Per Sq Ft
$289
Number of Homes for Sale
2
Last 12 months Home Sales
14
Median List Price
$699,949
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
17%