Historical data
Pick an indicator to see its long-run evolution.
Median home value
1990–2024Census / Zillow ZHVI, nominal dollars.
Home Prices
Home prices in New Hampshire rose roughly 5% year-over-year in 2024, continuing a multi-year upward trend.
FHFA House Price Index
1975–2025FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (NHSTHPI).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Median Sale Price ($) | 450000 | 420000 |
- •Some NH coastal towns near Portsmouth have seen home prices double in a decade.
Median Home Value
New Hampshire's median home value reached about $460,000 in 2024, among the highest in New England.
Median value of owner-occupied homes
2008–2024Census American Community Survey 1-year estimates, B25077 (2020 not released).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Median Home Value ($) | 460000 | 360000 |
- •New Hampshire has some of the highest home values in New England outside Massachusetts.
- •Home prices in NH have risen for over a decade straight.
Rent Prices
Median gross rent in New Hampshire was about $1,450 per month in 2023, above the national median.
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Median Rent ($) | 1450 | 1370 |
- •Rents in Manchester, NH have risen faster than in Boston in some recent years.
Housing Inventory
New Hampshire's housing inventory remains historically low, with active listings down significantly from pre-2020 levels.
Total housing units
2008–2024Census American Community Survey 1-year estimates, B25001 (2020 not released).
Vacant housing units
2008–2024Census American Community Survey 1-year estimates, B25002 (2020 not released).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Months of Supply | 1.5 | 3.2 |
- •New Hampshire has built fewer new homes per capita than most New England states over the last decade.
Building Permits
New Hampshire issued around 5,000 residential building permits in 2023, a modest increase from prior years.
New private housing units authorized
1988–2025Census Building Permits Survey, sum of 12 months (FRED NHBPPRIV).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Permits per 1,000 residents | 3.5 | 4.8 |
- •New Hampshire has faced calls for zoning reform to boost housing permits and supply.
Homeownership Rate
About 71% of occupied housing units in New Hampshire are owner-occupied, above the national average.
Homeownership rate (CPS/HVS)
1984–2025Census Housing Vacancy Survey, annual (FRED NHHOWN).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Homeownership Rate (%) | 71 | 65.6 |
- •New Hampshire consistently ranks in the top 10 states for homeownership rate.
Housing Affordability
Housing affordability in New Hampshire has declined sharply, with home prices far outpacing median household income growth.
Housing price level vs U.S. (RPP rents)
2008–2024BEA Regional Price Parities, housing services (SARPP line 3).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities | 114.9 | 100 |
- •A household needs to earn over $110,000 to comfortably afford the median-priced NH home.
Vacancy Rate
New Hampshire's rental vacancy rate is about 1.5%, among the lowest in the country, indicating a tight housing market.
Rental vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED NHRVAC).
Homeowner vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED NHHVAC).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Rental Vacancy Rate (%) | 1.5 | 6.6 |
- •New Hampshire's vacancy rate has been below 2% for several consecutive years.