Manchester, NH—03101
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manchester, NH
As of Oct '25, the median home price in Manchester, NH is $437,000, with a year-over-year change of -0.4%. This indicates that home prices in Manchester, NH are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $437,000 | -0.4% |
| Single Family | N/A | N/A |
| Condos | $359,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $454,000 | 4.6% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Manchester, NH
As of July '25, Rentcast reports the average rent in Manchester, NH is $2,030, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Manchester, NH is studios: $1,470, 1-bedrooms: $1,910, 2-bedrooms: $2,340, 3-bedrooms: $2,720. The most common rental property sizes in Manchester, NH are 1-bedroom and 2-bedroom, accounting for 42.8% and 42.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,060 | $2,030 |
| Studio Rent | $1,440 | $1,470 |
| 1 Bed Rent | $1,890 | $1,910 |
| 2 Bed Rent | $2,340 | $2,340 |
| 3 Bed Rent | $2,800 | $2,720 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Manchester, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Manchester, NH is 48. This is a increase of 164.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $549,000 | 29.0% |
Listing Count | 7 | 200.0% |
| Listings as % of Homes | 0.0% | 200.0% |
Days on Market | 48 | 164.0% |
Demographics — Manchester, NH
As of the latest ACS Survey released in 2023, Manchester, NH has a population of 3,150, which has increased by 16.5% over the past 5 years. Manchester, NH is a less popular place for families, as children make up 7.6% of the population. The area has a highly educated workforce, with 48.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,150 | 16.5% |
% Under 18 | 7.6% | -10.6% |
% Seniors | 13.3% | 1.5% |
% WFH | 13.1% | 147.2% |
% w/ College Degree | 48.9% | 31.1% |
As of the latest ACS Survey released in 2023, Manchester, NH is a predominantly white area, with 70.2% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Manchester, NH is black, making up 14.3% of the population. Foreign-born residents account for 19.6% of the population in Manchester, NH, and this percentage has increased by 78.2% 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 | 70.2% | -8.4% |
% Black | 14.3% | 186.0% |
% Hispanic | 5.4% | -57.8% |
% Asian | 8.9% | 81.6% |
% Foreign Born | 19.6% | 78.2% |
Mortgage and Risk — Manchester, NH
According to HUD data as of 2023, there were 19 mortgage originations in Manchester, NH, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Manchester, NH. Investor activity is low, as 11.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 19 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 11.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Manchester, NH
Manchester, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 485 |
Total Units Section 8 | 276 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 92.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,890 | $2,020 |
| 2 Bedroom | $310 | $2,340 | $2,650 |
| 3 Bedroom | $390 | $2,800 | $3,190 |
| 4 Bedroom | N/A | N/A | $3,510 |
Affordability — Manchester, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $437,000 |
| Median Household Income | $80,500 |