NH Real Estate - New Hampshire Homes For Sale | Zillow (2024)

FAQs

Are housing prices dropping in NH? ›

Median Home Price

The median sale price for homes in New Hampshire is currently $506,300, up 12% since last year according to Refin's monthly housing data from May 2024.

The average New Hampshire home value is $485,943, up 7.7% over the past year and goes to pending in around 8 days.

And there is an even bigger gap when it comes to statewide prices. The median price in Massachusetts now stands at $347,300 after a 1.4 percent increase last month, compared to $255,000 in New Hampshire, according to Warren Group stats and the New Hampshire Association of Realtors.

Average Cost of Living in New Hampshire: $56,727 per year

If you're considering relocating to this New England state, the cost of living could affect your monthly budget. According to MERIC data gathered in 2022, New Hampshire has the 43rd lowest cost of living in the country.

March to June are the best months to buy a house in New Hampshire. During these months, low competition and competitive prices can get you a good deal on your future home.

Rising mortgage interest rates have likely deterred individuals and families from selling their homes, and in turn, have led to declines in housing inventory and increases in prices. The construction of new homes also affects the amount of available inventory.

New Hampshire offers a lower cost of living, beautiful landscapes, and a favorable tax environment. On the other hand, Massachusetts provides more job opportunities, higher salaries, and a vibrant city life.

New Hampshire is known as a low-tax state. But while the state has no personal income tax and no sales tax, it has the fourth-highest property tax rates of any U.S. state, with an average effective rate of 1.77%.

For years, New Hampshire has remained an opportune destination for those entering their golden years. With its natural beauty, low taxes, rich culture, and reasonable cost of living, the Granite State offers retirees an enviable lifestyle without breaking the bank.

Is it a good idea to move to New Hampshire? ›

Low Crime Rates: New Hampshire consistently ranks among the safest states in the nation, with low crime rates and a strong emphasis on public safety. Whether you're living in a bustling city or a rural town, you can feel secure knowing that your community prioritizes safety.

New Hampshire took first place with a No. 1 rank in affordability and a No. 2 position for quality of life. The report said there is no state tax for retirement income and no sales tax.

Now Massachusetts residents can boast that they have a higher income tax, a higher sales tax, and higher property taxes,” noted Paul D. Craney, a spokesman for MassFiscal. Massachusetts ranked #46 in the property tax rankings, while New Hampshire improved their score by four spots to come in at #43.

While New Hampshire has a higher cost of housing, taxes, and overall expenses, Florida offers a more affordable lifestyle. With no state income tax and a generally lower cost of housing, residents of Florida can enjoy a higher standard of living and keep more money in their pockets.

Properties in Hampshire had an overall average price of £411,122 over the last year. Overall, sold prices in Hampshire over the last year were 3% down on the previous year and 4% up on the 2021 peak of £396,835.

Expected Growth: Anticipated increase of 6.7% by January 2025. Historical Performance: Prices in New Hampshire have seen a significant uptick over the last few years.

“Access to affordable housing is critical for the well-being of Granite State families, the workforce and our economy,” said Senator Shaheen. “New Hampshire faces a critical housing shortage, needing more than 60,000 additional units by 2030, and the lack of necessary housing is the primary cause of increasing costs.

New Hampshire is a favorite market for real estate investors because of its diverse options. There are lots of varying markets that offer great potential for each type of real estate investor. Manchester is the state's largest city and capital.