NH · Metro #131

Manchester - NH housing market

The Manchester metro has a typical home value of $526,340, 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
$526,340
+2.2% vs. year ago
Median sale price
$488,080
+2.4% YoY
Median list price
$526,450
Sale-to-list ratio
101.4%
Selling above ask
Days on market
6d
Listings w/ price cut
14.0%
New listings / mo
469
+5.2% YoY
Homes for sale
706
+7.3% YoY
Typical rent
$2,136/mo
+2.6% YoY
Context

How to read this data

The typical home value ($526,340) 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 $515,010 last year is now worth roughly $526,340.

The median sale price , what homes actually close for , is $488,080. Homes are selling at 101.4% 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 14.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 469 new listings hit the market each month in Manchester - NH. There are currently 706 homes for sale, up 7.3% from a year ago.

The typical monthly rent in Manchester - NH is $2,136, up 2.6% 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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