New Hampshire Median Home Price Hits $560,000 as Listings Stay Near 1,979
Updated
Updated · WMUR Manchester · May 13
New Hampshire Median Home Price Hits $560,000 as Listings Stay Near 1,979
1 articles · Updated · WMUR Manchester · May 13
$560,000 was New Hampshire's median home price in April, well above the U.S. median of $417,700 and still climbing.
1,979 homes were on the market in April, far below the roughly 8,000 listings the state would need and down sharply from nearly 13,000 at the 2012 peak.
56% is what Granite Staters earn relative to the income needed to comfortably buy a median-priced single-family home; from 2009 to 2016, that measure never fell below 150%.
That squeeze is keeping some owners from selling because they fear they cannot find a replacement home, leaving first-time and middle-income buyers facing what industry officials call an increasingly unreachable market.
When even sellers can’t afford to move, what will it take to break the state's housing gridlock?
As home prices lock out essential workers, is New Hampshire's entire economic future at risk?
With a 90,000-unit housing deficit, can small-scale solutions like backyard cottages truly make a difference?