New Hampshire Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

New Hampshire's housing market remains extremely tight, with inventory well below historical norms. The southern tier continues to benefit from Massachusetts overflow — buyers who work in Boston's tech and biotech corridor but prefer New Hampshire's lower taxes. Manchester has undergone significant urban revitalization, attracting young professionals and tech companies. The Seacoast (Portsmouth, Exeter, Hampton) commands premium prices for its coastal lifestyle. The White Mountains and Lakes Region have seen vacation-home demand remain elevated even as the pandemic migration has slowed.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in New Hampshire?

The New Hampshire housing market is showing balanced conditions.

home values have grown a moderate 2.7% year-over-year. there are currently 248 homes on the market.

Median Home Value

$495,256

Zillow Home Value Index

Year-over-Year

+2.7%

Home value change

5-Year Change

+48.7%

Since 2021

Median Rent

$1,839/mo

Zillow Observed Rent Index

Active Listings

248

Homes for sale

Home Value Trends

5-year Zillow Home Value Index (ZHVI) for New Hampshire vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in New Hampshire: $1,839/mo (+4.8% YoY)

Rent vs. Buy Analysis

With a median home value of $495,256 and average rent of $1,839/mo, the price-to-rent ratio in New Hampshire is 22.4. A ratio above 21 suggests renting may be more cost-effective.

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