NH · Metro #131

Manchester - NH housing market

The Manchester metro has a typical home value of $528,959, up 2.2% from a year ago. Homes are moving fast at 7 days on market, a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$528,959
+2.2% vs. year ago
Median sale price
$511,679
+9.2% YoY
Median list price
$547,967
Sale-to-list ratio
102.4%
Selling above ask
Days on market
7d
Listings w/ price cut
20.9%
New listings / mo
555
+7.6% YoY
Homes for sale
945
+8.6% YoY
Typical rent
$2,174/mo
+3.1% YoY
Context

How to read this data

The typical home value ($528,959) 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 $517,572 last year is now worth roughly $528,959.

The median sale price, what homes actually close for, is $511,679. Homes are selling at 102.4% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Manchester - NH sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.

About 20.9% 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 945 homes for sale, up 8.6% from a year ago.

The typical monthly rent in Manchester - NH is $2,174, up 3.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 20.3x, renting territory (#47 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,719 a month in principal and interest, $545 more than renting before taxes, insurance and upkeep. The two break even at a 4.62% 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 September 2026. Methodology →

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