Nashua, NH—03062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nashua, NH
As of Oct '25, the median home price in Nashua, NH is $531,000, with a year-over-year change of 3.0%. This indicates that home prices in Nashua, NH are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $531,000 | 3.0% |
| Single Family | $568,000 | 2.9% |
| Condos | $413,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $255,000 | 3.2% |
2 Bed | $404,000 | 3.1% |
3 Bed | $531,000 | 2.9% |
4 Bed | $682,000 | 1.9% |
| 5 Bed | $711,000 | 1.7% |
% of Housing Stock
Rental Trends — Nashua, NH
As of July '25, Rentcast reports the average rent in Nashua, NH is $2,890, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Nashua, NH is studios: $1,490, 1-bedrooms: $1,770, 2-bedrooms: $2,560, 3-bedrooms: $3,790, 4-bedrooms: $4,090. The most common rental property sizes in Nashua, NH are 2-bedroom and 1-bedroom, accounting for 53.5% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,890 |
| Studio Rent | $1,350 | $1,490 |
| 1 Bed Rent | $1,890 | $1,770 |
| 2 Bed Rent | $2,880 | $2,560 |
| 3 Bed Rent | $3,250 | $3,790 |
| 4 Bed Rent | $4,000 | $4,090 |
% of Rental Stock
Property Listings — Nashua, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Nashua, NH is 38. This is a increase of 74.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $641,000 | 8.0% |
Listing Count | 72 | 188.0% |
| Listings as % of Homes | 0.2% | 188.0% |
Days on Market | 38 | 74.0% |
Demographics — Nashua, NH
As of the latest ACS Survey released in 2023, Nashua, NH has a population of 28,700, which has increased by 2.8% over the past 5 years. Nashua, NH is a moderately popular place for families, as children make up 18.9% of the population. The area has a highly educated workforce, with 49.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,700 | 2.8% |
% Under 18 | 18.9% | 4.4% |
% Seniors | 20.3% | 12.8% |
% WFH | 21.8% | 257.4% |
% w/ College Degree | 49.2% | 14.2% |
As of the latest ACS Survey released in 2023, Nashua, NH is a predominantly white area, with 73.6% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Nashua, NH is asian, making up 15.0% of the population. Foreign-born residents account for 19.2% of the population in Nashua, NH, and this percentage has increased by 11.6% 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 | 73.6% | -2.4% |
% Black | 2.4% | -25.0% |
% Hispanic | 5.3% | 0.0% |
% Asian | 15.0% | 13.6% |
% Foreign Born | 19.2% | 11.6% |
Mortgage and Risk — Nashua, NH
According to HUD data as of 2023, there were 494 mortgage originations in Nashua, NH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Nashua, NH. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 494 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Nashua, NH
As of 2024, the percent of homes in Nashua, NH under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Nashua, NH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 134 |
Total Units Section 8 | 91 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $1,890 | $1,610 |
| 2 Bedroom | -$770 | $2,880 | $2,110 |
| 3 Bedroom | -$450 | $3,250 | $2,800 |
| 4 Bedroom | -$1,020 | $4,000 | $2,980 |
Affordability — Nashua, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $531,000 |
| Median Household Income | $103,000 |