Aug 2026
$470K
+2.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Manchester, NH housing market
Manchester, NH median sale price $470K in Aug 2026, up 2.2% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in Manchester, NH is $470K as of Aug 2026, up 2.2% from a year earlier. That change sits near the middle of the 195 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 4.8% through Q2 2026, 2.5 points apart; Price reconciliation below shows both.
Manchester is the only metro Pecan Street tracks in New Hampshire; nationally, the metros closest to it on median sale price ($470K) are Dallas – Fort Worth, TX ($470K) and Tampa / St. Petersburg, FL ($472K). On median days on market (48 days), the closest are Amarillo, TX (48 days) and Ann Arbor, MI (48 days).
Listings spent a median 48 days on market in Sep 2026, fewer than in most of the 195 metros. 46% of active listings carry a price cut, 0.7 points fewer than a year earlier. That share is higher than in most of the 195 metros. Building permits authorized 47 new housing units in Aug 2026.
At the 7.45% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,616 a month; at 28% of gross income, that takes about $112K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio down 3.4% from a year earlier. Active listings ask a median $294 per square foot, up 1.6% from a year earlier.
In six of the seven ZIP codes in the table below, median list prices are higher than a year earlier; one is lower.
Headline
Oct 6, 2026
7.45%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,616/mo
$112K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Manchester compares to other U.S. metros
| Price cuts | ↑35th of 195 (top 18%) |
|---|---|
| Days on market | ↓145th of 195 |
| Home-price growth | 92nd of 195 (top 48%) |
| Price-to-rent | 92nd of 195 (top 48%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 -3.4% YoY 92nd of 195 (top 48%) |
|---|---|
| Asking price / sq ft | $294 +1.6% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 46% -0.7 pts YoY ↑35th of 195 (top 18%) |
|---|---|
| New housing units permitted | 47 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 7 shown of 34 |
|---|---|
| MLS board of record | PrimeMLS |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
amber · 2.5ppRedfin (city) +2.2% | FHFA HPI · Q2 2026 +4.8% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Manchester → Latest dispatch: Jul 24, 2026.
Track Manchester, NH with Pecan Street
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 03031 | $954K↑ | 37↑ | 14↑ | 14↑ | 62↑ | $670K↑ |
| 03054 | $584K↑ | 32↑ | 42↓ | 12↑ | 26↑ | $539K↑ |
| 03062 | $574K↓ | 30↑ | 28↓ | 22↑ | 36↓ | $550K↑ |
| 03104 | $518K↑ | 32↑ | 26↓ | 18↑ | 42 | $483K↑ |
| 03110 | $1.2M↑ | 43↑ | 30↑ | 16↑ | 59↓ | $780K↑ |
| 03244 | $460K↑ | 29 | 10↓ | 16↑ | 58↑ | $394K↑ |
| 03458 | $735K↑ | 37↑ | 8↓ | 12↑ | 101↑ | $485K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.