Current home values in New Hampshire

Home values have been rising throughout New Hampshire and are up 2.6% from a year ago.

Statewide, the median value for a single-family home — meaning half are worth more, half are worth less — is currently $474,729, Realtor says.

Real estate agents say would-be homebuyers in some parts of the country are starting to overcome the obstacles caused by COVID-19 and are going virtual house hunting to take advantage of today's bargain mortgage rates and the low monthly house payments they provide.

Here's how that works in New Hampshire: Let's say you want to buy a mid-priced home using a 30-year fixed-rate mortgage at the current average interest, which is a low 3.33%, according to mortgage company Freddie Mac.

A 30-year mortgage for a $474,729 home at 3.33% would give a typical New Hampshire homebuyer a monthly payment of $1,670, assuming a 20% down payment.

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How the New Hampshire housing market stacks up

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New Hampshire families can enjoy winter activities in the woods

The state's median home value is higher than the U.S. median of $248,948, which is up 5.1% from a year ago.

While the coronavirus is expected to continue hanging over the U.S. economy like a dark cloud, Zillow forecasts that U.S. home values will rise 5.1% over the next year, while in New Hampshire, they're predicted to rise 5.3%.

Homes right now are going on the market in New Hampshire at a median price of $181 per square foot, versus $134 per square foot nationwide.

Are you looking to buy? Take a look at today's best mortgage rates where you live.

New Hampshire home prices over the last 10 years

Year Avg. Price
2020* $297,081
2019 $289,563
2018 $276,942
2017 $258,517
2016 $240,417
2015 $229,542
2014 $221,042
2013 $213,150
2012 $205,767
2011 $207,442
2010 $220,092
2009 $225,042

*2020 price average through March 31, 2020.

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How much for an average-sized home?

Here's what a 2,500-square-foot home in New Hampshire is worth now, and how that's changed over the last decade, based on the Zillow Home Value Index.

Year Avg. Price
2020* $451,941
2019 $417,500
2018 $397,500
2017 $375,000
2016 $345,000
2015 $330,000
2014 $317,500
2013 $307,500
2012 $297,500
2011 $300,000
2010 $320,000
2009 $322,500

*2020 price average through March 31, 2020.

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