Manchester - NH housing market

The typical Manchester home is worth $517,399 as of September 2026, up 0.3% from the prior month, up 0.8% over three months, and up 2.2% from a year ago. Over the past two years values have ranged from $495,164 to $517,399.

Homes are going pending in about 9 days, slower than the 6 days seen three months earlier. There are roughly 949 homes for sale, 11% more than a year ago. 26.5% of listings have taken a price cut (up from 16.7% three months ago).

Typical rent is $2,165 a month, up 3.7% year over year, which puts the price-to-rent ratio at 19.9.

At this week's 7.40% mortgage rate with 20% down ($103,480), the typical Manchester home costs about $3,513 a month including tax and insurance, which needs a household income of roughly $150,500 to stay under a 28% payment-to-income ratio.

The typical home value ($517,399) 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 $506,261 last year is now worth roughly $517,399.

The median sale price, what homes actually close for, is $515,423. Homes are selling at 101.9% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Manchester - NH sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 456 new listings hit the market each month in Manchester - NH. There are currently 949 homes for sale, up 10.7% from a year ago.

The typical monthly rent in Manchester - NH is $2,165, up 3.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 19.9x, toss-up (#49 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,866 a month in principal and interest, $701 more than renting before taxes, insurance and upkeep. The two break even at a 4.77% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →