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Peterborough, NH
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Our Peterborough, NH real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Peterborough as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Peterborough, NH.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Peterborough NH Community Profile & History
Peterborough, New Hampshire is an idyllic rural community at the heart of southwestern New Hampshire's Monadnock region. Originally a mill town, Peterborough has always been a major site for New Hampshire business and industry. The first settlers of Peterborough were farmers who came in 1739. For over 50 years, the center of town was located along what is now called Old Street Road. Around 1800 the center of activity in Peterborough shifted from Old Street Road to the current center of town at the confluence of the Contoocook and Nubanusit Rivers.
At that time agriculture was in economic decline and textile mills were rapidly taking its place. Among the first mills in town was Samuel Mitchell's grist mill on the Nubanusit River at the intersection of today's Main and Elm Streets. The Bell Factory, the second cotton mill in New England, was built on River Street in 1810. In 1813, the Phoenix Factory was built on the present-day site of the Guernsey Professional Building, along with a mill for carding work in South Peterborough at Noone's Falls. The construction of these factories and others in such a short time and their demand for workers had a profound effect on the town; many homes were built as a result. While most of these mills have disappeared over the years, Peterborough is proud of its industrial heritage.
Despite their mistrust of the Old World form of government, many settlers fought in the King's army during the French and Indian Wars, losing more citizens per capita than in any subsequent conflict. When the Revolution came, settlers also served from the early battle at Bunker Hill. Peterborough's Old Street Road Cemetery is the final resting place of most Revolutionary War veterans, including William Diamond, the drummer boy of Lexington, who chose to move to Peterborough in 1795 and establish his family there among the hills.
In the 1850's, churches were opened to abolitionist speakers such as Frederick Douglass, and many homes formed a link to the Underground Railroad. The statue in front of the old GAR Hall on Grove Street was erected to commemorate those who fought in the Civil War.
The Arts found fertile ground in the beauty of the region. With the establishment of the MacDowell Colony by Edward and Marian MaDowell, Peterborough came to have connections directly to Boston, New York, and the world. The MacDowell Colony is now America's largest artist colony; its centennial celebrated in 2007. The Peterborough Players' Theatre was established in 1933. In 1937, Thornton Wilder wrote ""Our Town"" during his stay at the MacDowell Colony. This play was first shown at the Players' Theatre, and Peterborough is blessed to have James Whitmore perform in the play each year.
Modern-day Peterborough features a historical society and a bustling downtown with a wide array of art museums and shops. The town is proud of its schools, parks and town-owned lands. Peterborough also has countless beautiful views, lakes, hills and valleys that can be enjoyed at one of their State Parks.
Peterborough is home to several prominent businesses, including New Hampshire Ball Bearing, Peterborough Basket Factory, the Monadnock Community Hospital, Eastern Mountain Sports, RiverMead Retirement Community, Millard Group, SDE, Harborside, and many others. But the most important asset of Peterborough, above all of this, is the people who live there. They are the true gems. And they are what Peterborough is all about!
Peterborough New Hampshire Community Information
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Peterborough NH Real Estate Information
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Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Peterborough, NH Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Peterborough Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price |
2006 130 78 $324442 |
2007 153 67 $309093 |
2008 160 43 $269122 |
2009 155 49 $237643 |
2010 115 52 $222653 |
Average Selling Price of Single Family Homes in Peterborough
| 2006 |  $324442 | |
| 2007 | $309093 | |
| 2008 | $269122 | |
| 2009 | $237643 | |
| 2010 | $222653 |
Peterborough Condominum Sales Trends:
| Year Days on Market #Sold Average Price |
2006 56 15 $181693 |
2007 148 11 $205672 |
2008 121 15 $209962 |
2009 281 11 $163791 |
2010 129 11 $174450 |
Average Selling Price of Condominiums in Peterborough
| 2006 | $181693 | |
| 2007 | $205672 | |
| 2008 | $209962 | |
| 2009 | $163791 | |
| 2010 | $174450 |
Virtual Homes Exclusive Listings
 | 38 Union St, Peterborough, NH Price:$188,000 MLS#:04109772 Property Type: Residential New Englander 3 Bedrooms / 2 Baths Listed by: Buddy Pope | Tastefully renovated New Englander abutting Goose Brook with authentic country feel. Sited in one of Peterborough NH's nicest, most convenient, yet af... Read More |
| R007 - Wilder Farm Road, Peterborough, NH Price:$325,000 MLS#:04074388 Property Type: Land Residential Bedrooms / Baths Listed by: Susanne Lynch | Build your dream home on this private 21+ acre lot, with Mountain Views! Beautiful mature hemlocks and pines, stone walls, tucked away on a private ro... Read More |
 | 150 Murphy Road, Peterborough, NH Price:$750,000 MLS#:04096879 Property Type: Residential Antique 5 Bedrooms / 5 Baths Listed by: Susanne Lynch | Step back in time in this impeccably maintained 1790 Colonial, and then go back to the future when you enter the new wing added in 2006. Nestled on 19... Read More |