NH · Metro #131

Manchester - NH housing market

The Manchester metro has a typical home value of $521,781, up 2.3% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$521,781
+2.3% vs. year ago
Median sale price
$487,880
+0.2% YoY
Median list price
$509,783
Sale-to-list ratio
100.9%
Selling above ask
Days on market
7d
Listings w/ price cut
12.3%
New listings / mo
354
+6.6% YoY
Homes for sale
564
+9.9% YoY
Typical rent
$2,119/mo
+2.4% YoY
Context

How to read this data

The typical home value ($521,781) 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 2.3% over the past year. In Manchester - NH, that means a home worth $510,050 last year is now worth roughly $521,781.

The median sale price , what homes actually close for , is $487,880. Homes are selling at 100.9% 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 12.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 354 new listings hit the market each month in Manchester - NH. There are currently 564 homes for sale, up 9.9% from a year ago.

The typical monthly rent in Manchester - NH is $2,119, up 2.4% 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.

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