NH · Metro #131

Manchester - NH housing market

The Manchester metro has a typical home value of $531,097, up 2.2% from a year ago. Homes are moving fast at 6 days on market, a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$531,097
+2.2% vs. year ago
Median sale price
$495,454
+4.5% YoY
Median list price
$541,633
Sale-to-list ratio
101.8%
Selling above ask
Days on market
6d
Listings w/ price cut
16.7%
New listings / mo
555
+8.4% YoY
Homes for sale
861
+9.4% YoY
Typical rent
$2,156/mo
+3.1% YoY
Context

How to read this data

The typical home value ($531,097) is the Zillow Home Value Index for the Manchester - NH metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.2% over the past year. In Manchester - NH, that means a home worth $519,664 last year is now worth roughly $531,097.

The median sale price , what homes actually close for , is $495,454. Homes are selling at 101.8% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Manchester - NH sit on the market for roughly 6 days before going pending. Shorter = seller's market; longer = buyer's market.

About 16.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 555 new listings hit the market each month in Manchester - NH. There are currently 861 homes for sale, up 9.4% from a year ago.

The typical monthly rent in Manchester - NH is $2,156, up 3.1% year over year. For investors, the price-to-rent ratio here is roughly 21x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Get new posts in your inbox. No spam, unsubscribe anytime.