Keene, NH 03431 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Keene, NH—03431

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$341,000

3.9% YoY Growth

Household Income

$78,200

39.0% YoY Growth

Days on Market

17.0% Longer YoY

Home Price Forecast

5.3%

Median Rent

$1,500

8.8% YoY Growth

1-Bed Rent

$1,400

0.7% YoY Growth

2-Bed Rent

$1,700

0.0% YoY Growth

3-Bed Rent

$1,900

15.3% YoY Growth

Home Price Trends — Keene, NH

As of Dec '25, the median home price in Keene, NH is $341,000, with a year-over-year change of 3.9%. This indicates that home prices in Keene, NH are increasing. According to Zillow, the 1-year price projection is 5.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$341,000	3.9%
Single Family	$346,000	2.1%
Condos	$266,000	6.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Keene, NH

As of July '25, Rentcast reports the average rent in Keene, NH is $1,660, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Keene, NH is studios: $1,110, 1-bedrooms: $1,500, 2-bedrooms: $1,940, 3-bedrooms: $2,110, 4-bedrooms: $2,400. The most common rental property sizes in Keene, NH are 2-bedroom and 1-bedroom, accounting for 41.1% and 32.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,660
Studio Rent	$1,100	$1,110
1 Bed Rent	$1,400	$1,500
2 Bed Rent	$1,700	$1,940
3 Bed Rent	$1,900	$2,110
4 Bed Rent	$2,400	$2,400

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% of Rental Stock

Studio

3.4%

1 Bedroom

32.1%

2 Bedrooms

41.1%

3 Bedrooms

17.7%

4 Bedrooms

3.4%

5+ Bedrooms

2.4%

Property Listings — Keene, NH

As of Dec '25, Realtor.com reports that the median days on market for a home in Keene, NH is 38. This is a increase of 27.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$362,000	-3.0%
Listing Count	37	24.0%
Listings as % of Homes	0.2%	24.0%
Days on Market	39	17.0%

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Demographics — Keene, NH

As of the latest ACS Survey released in 2023, Keene, NH has a population of 25,000, which has decreased by -1.7% over the past 5 years. Keene, NH is a less popular place for families, as children make up 14.6% of the population. The area has a moderately educated workforce, with 41.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	25,000	-1.7%
% Under 18	14.6%	-6.4%
% Seniors	18.3%	4.6%
% WFH	12.6%	51.8%
% w/ College Degree	41.4%	4.0%

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As of the latest ACS Survey released in 2023, Keene, NH is a predominantly white area, with 92.0% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Keene, NH is hispanic, making up 2.2% of the population. Foreign-born residents account for 3.6% of the population in Keene, NH, and this percentage has decreased by 26.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.0%	1.2%
% Black	1.5%	0.0%
% Hispanic	2.2%	-21.4%
% Asian	0.5%	-79.2%
% Foreign Born	3.6%	-26.5%

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Mortgage and Risk — Keene, NH

According to HUD data as of 2023, there were 272 mortgage originations in Keene, NH, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Keene, NH. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	272
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Keene, NH

Keene, NH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	975
Total Units Section 8	974
% Rentals under Section 8	N/A
% Occupied Section 8	83.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$180	$1,400	$1,220
2 Bedroom	-$100	$1,700	$1,600
3 Bedroom	$180	$1,900	$2,080
4 Bedroom	-$280	$2,400	$2,120

Keene, NH—03431

Key Metrics at a Glance

Home Price Trends — Keene, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Keene, NH

% of Rental Stock

Property Listings — Keene, NH

Demographics — Keene, NH

Race and Ethnicity

Mortgage and Risk — Keene, NH

Mortgages

Rentals and Section 8 — Keene, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Keene, NH

Home Price to Income Ratio

Keene, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Gilsum, NH

Sullivan, NH

Swanzey, NH

Chesterfield, NH

Westmoreland, NH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$341,000
Median Household Income	$78,200

Keene, NH—03431

Key Metrics at a Glance

Home Price Trends — Keene, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Keene, NH

% of Rental Stock

Property Listings — Keene, NH

Demographics — Keene, NH

Race and Ethnicity

Mortgage and Risk — Keene, NH

Mortgages

Rentals and Section 8 — Keene, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Keene, NH

Home Price to Income Ratio

Keene, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Gilsum, NH

Sullivan, NH

Swanzey, NH

Chesterfield, NH

Westmoreland, NH

Frequently Asked Questions

What is the average home price in Keene, NH 03431?

How have home prices in Keene, NH 03431 changed over the past year?

What is the home price projection for Keene, NH 03431?

What are the demographics of Keene, NH 03431?

How long does it take homes to sell in Keene, NH 03431?

What is the average rent price in Keene, NH 03431?