Pelham, NH—03076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pelham, NH
As of Oct '25, the median home price in Pelham, NH is $668,000, with a year-over-year change of 1.7%. This indicates that home prices in Pelham, NH are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $668,000 | 1.7% |
| Single Family | $686,000 | 1.3% |
| Condos | $571,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $544,000 | 1.1% |
3 Bed | $645,000 | 1.6% |
4 Bed | $802,000 | 1.3% |
| 5 Bed | $753,000 | 0.3% |
% of Housing Stock
Rental Trends — Pelham, NH
As of July '25, Rentcast reports the average rent in Pelham, NH is $3,420, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Pelham, NH is 2-bedrooms: $2,700, 3-bedrooms: $3,780. The most common rental property sizes in Pelham, NH are 2-bedroom and 1-bedroom, accounting for 37.7% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,750 | $3,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,700 | $2,700 |
| 3 Bed Rent | $3,750 | $3,780 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pelham, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Pelham, NH is 40. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $753,000 | 31.0% |
Listing Count | 38 | 83.0% |
| Listings as % of Homes | 0.6% | 83.0% |
Days on Market | 40 | 23.0% |
Demographics — Pelham, NH
As of the latest ACS Survey released in 2023, Pelham, NH has a population of 14,300, which has increased by 5.4% over the past 5 years. Pelham, NH is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | 5.4% |
% Under 18 | 21.0% | -5.8% |
% Seniors | 15.9% | 1.3% |
% WFH | 19.5% | 254.5% |
% w/ College Degree | 37.7% | 12.2% |
As of the latest ACS Survey released in 2023, Pelham, NH is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Pelham, NH is hispanic, making up 4.4% of the population. Foreign-born residents account for 5.3% of the population in Pelham, NH, and this percentage has increased by 32.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.4% | -5.7% |
% Black | 1.5% | 650.0% |
% Hispanic | 4.4% | 57.1% |
% Asian | 2.2% | 46.7% |
% Foreign Born | 5.3% | 32.5% |
Mortgage and Risk — Pelham, NH
According to HUD data as of 2023, there were 304 mortgage originations in Pelham, NH, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Pelham, NH. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 304 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pelham, NH
Pelham, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 63 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,470 |
| 2 Bedroom | -$770 | $2,700 | $1,930 |
| 3 Bedroom | -$1,190 | $3,750 | $2,560 |
| 4 Bedroom | N/A | N/A | $2,720 |
Affordability — Pelham, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $668,000 |
| Median Household Income | $127,000 |