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Penacook

Penacook

Neighborhood in Concord, New Hampshire

Merrimack County 03301, 03303

$405,942 Average Value
$270 Average Price per Sq Ft
6 Homes For Sale

A village within a city

Though often referred to as the northern part of Concord, Penacook has its own zip code and identity separate from the capital city. “It’s a distinct little village with a lot of nice neighborhoods, apartments and smaller homes for newer families,” says Connie Mullen, broker and owner of Mullen Realty Group. Mullen has sold homes in the area since 2010 and says, “It has improved greatly in recent years, as more families have settled down here for its lower home prices.” Penacook has its own elementary school and zones for Merrimack Valley Public Schools instead of Concord’s district, as well. “The schools are really important here, making the community of families very supportive,” Mullen says. Penacook residents can enjoy a well-maintained park system and two major rivers in their back yards, or they can hop on Route 3, a straight shot into downtown Concord, just 6 miles south.
Peancook is a historic neighborhood that is the perfect place for your family and friends.
Peancook is a historic neighborhood that is the perfect place for your family and friends.
Welcome to the friendly town of Penacook where life is truly enjoyable.
Welcome to the friendly town of Penacook where life is truly enjoyable.
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Finding a home for less in Penacook

Known to be one of the most affordable areas near Concord, Penacook features many starter homes with two-to-three bedrooms. Prices often fall between $300,000 and $500,000, though newer homes with recent renovations can surpass this range. Homebuyers will often find Capes or ranch styles, with the occasional colonial or New Englander thrown into the mix. “Multifamily properties and condos are also available, attracting many renters here, too,” Mullen says. Some streets are lined with sidewalks, but for those that aren’t, the streets are often wide enough for joggers and dog walkers to exercise.
Many residents of Penacook maintain a patriotic spirit with American flags hanging in front.
Many residents of Penacook maintain a patriotic spirit with American flags hanging in front.
Penacook has its fair share of larger newbuild homes throughout various areas of the town.
Penacook has its fair share of larger newbuild homes throughout various areas of the town.
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Two rivers, trails and Rolfe Park

Penacook’s main outdoor gathering space, Rolfe Park, lies off Community Drive, adjacent to the middle and high schools. The park features a playground, baseball diamond, pickleball courts and a pool. Locals can also catch a concert or attend a story time in the park during the warmer months. Both the Merrimack and Contoocook rivers flow through the neighborhood, allowing for rafting, fishing and swimming. The Contoocook Park offers trails that wind through dense birch and hemlock forests, where visitors can snowshoe and cross-country ski in the winter. When the temperature warms up, folks can trade in their skis for hiking boots and cool off in the river after trekking the one-to-two-hour loop.
Immerse yourself in the rivers and forest that run through the beautiful town of Penacook.
Immerse yourself in the rivers and forest that run through the beautiful town of Penacook.
Cool off with a few friendly splashes at the Rolfe Pool in Penacook.
Cool off with a few friendly splashes at the Rolfe Pool in Penacook.
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Public education in Penacook

Children can begin their studies at Penacook Elementary, which earns a C-minus on Niche. The school offers curriculums for children of various needs, as well as a learning and adjustment program. Merrimack Valley Middle scores a C grade, while Merrimack Valley High has a C-minus. These two schools sit within Penacook and serve students from five different elementary schools across numerous towns. High schoolers can participate in various athletic programs, including coed teams for bass fishing and golf. Students can also join the robotics club and participate in performing arts programs or student government.
Penacook Elementary School in Penacook serves grades Pre-K to 5.
Penacook Elementary School in Penacook serves grades Pre-K to 5.
Merrimack Valley Middle School in Concord serves grades 6-8.
Merrimack Valley Middle School in Concord serves grades 6-8.
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Seasonal events and activities in Penacook

The Penacook Village Association hosts events to bring the community together and open meetings to enhance neighborhood amenities. Over the holiday season, residents gather for the tree lighting, sing Christmas carols and watch Santa roll into town on a firetruck. Village residents wave the American flag and honor veterans in the annual Memorial Day Parade and support local businesses at weekly farmers markets.

Penacook highways and transportation options

Route 3 serves as Penacook’s main throughfare into downtown Concord, while Interstate 93 is also right outside the village for longer commutes. Concord Area Transit buses stop along Village and Washington streets, though most residents get around by car. Private planes can fly out of Concord Municipal Airport, 10 miles south, while commercial flights take off from Manchester-Boston Regional Airport, about 26 miles away.
Roundabouts are very common among both busy and quiet roadways in Penacook.
Roundabouts are very common among both busy and quiet roadways in Penacook.
Fulfill all of your grocery needs in Penacook at Market Basket.
Fulfill all of your grocery needs in Penacook at Market Basket.
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Penacook restaurants bring in customers from all over

Although Main Street in downtown Concord is the location of most nearby dining options, Village Street has a few highly trafficked spots. CC Tomatoes is Penacook’s claim to fame in the restaurant scene, serving Italian fare and most notably, brick oven pizza, since 2005. Alexandra’s Bistro is another Village Street classic known for its cocktails and farm-to-table menu. Alexandra’s was also featured on the America’s Best Restaurants television show in June of 2024. Penacook has its own Market Basket location as well as 12-mile, 15-minute proximity to the department stores off Loudon Road, including Walmart and Target.
Wait with excitement for a mouth-watering pizza from the brick oven at CC Tomatoes in Penacook.
Wait with excitement for a mouth-watering pizza from the brick oven at CC Tomatoes in Penacook.
Read with your wine while you wait for your food at Alexandra's Bistro in Penacook.
Read with your wine while you wait for your food at Alexandra's Bistro in Penacook.
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Grace Pitney
Written By
Grace Pitney
Photography Contributed By
Kyle Cook
Tyler Cataldo
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Tyler Cataldo

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Shannon Casey, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Manchester Boston Regional

46 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Penacook US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 2 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Penacook Demographics and Home Trends

Housing Trends

Median List Price
$369,450
Median Sale Price
$381,000
Median Single Family Sale Price
$425,000
Median 2 Bedroom Sale Price
$311,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
54
Median Home Sale Price YoY Change
21%
Average Price Per Sq Ft
$270

Neighborhood Facts

Number of Homes in Neighborhood
1,212
Number of Homes for Sale
6
Median Year Built
1985
Months of Supply
1.30
Average Single Family Home Size Sq Ft
1,606
Below the national average
1,933
Average Townhouse Size Sq Ft
2,239
Average 2 Bedroom Size Sq Ft
1,121
Median Lot Size Sq Ft
13,068

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Shannon Casey, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
5,362
Median Age
40
Population Density
2 ppl/acre
Population under 18
22.8%
On par with the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%

Finances

Median Household Income
$69,296
On par with the national average
$71,702
Average Household Income
$86,954

Education and Workforce

High School Graduates
94.4%
Above the national average
89.1%
College Graduates
30.5%
Advanced Degrees
11.6%
% Population in Labor Force
75.9%
Above the national average
65.1%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
13°F
Average Summer High Temperature
83°F
Annual Snowfall
64''

Area Factors

Somewhat Bikeable

Bike Score®

41 / 100

Car-Dependent

Walk Score®

32 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Penacook