Manchester - NH housing market

The typical Manchester home is worth $523,745 as of August 2026, up 0.3% from the prior month, up 0.6% over three months, and up 2.3% from a year ago. Over the past two years values have ranged from $500,155 to $523,745.

Homes are going pending in about 8 days, slower than the 6 days seen three months earlier. There are roughly 973 homes for sale, 10% more than a year ago. 23.9% of listings have taken a price cut (up from 14.0% three months ago).

Typical rent is $2,178 a month, up 4.0% year over year, which puts the price-to-rent ratio at 20.0.

At this week's 7.40% mortgage rate with 20% down ($104,749), the typical Manchester home costs about $3,556 a month including tax and insurance, which needs a household income of roughly $152,400 to stay under a 28% payment-to-income ratio.

The typical home value ($523,745) 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 $511,970 last year is now worth roughly $523,745.

The median sale price, what homes actually close for, is $512,886. Homes are selling at 102.3% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Manchester - NH sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 508 new listings hit the market each month in Manchester - NH. There are currently 973 homes for sale, up 10.2% from a year ago.

The typical monthly rent in Manchester - NH is $2,178, up 4.0% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 20.0x, renting territory (#48 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,901 a month in principal and interest, $723 more than renting before taxes, insurance and upkeep. The two break even at a 4.72% 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 →