Manchester, NH home prices
Typical home $517,399 · +2.2% in a year · income needed $161,100
The Manchester, NH metro area ranks 70 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.2% in a year and +34.9% over five years. With 20% down at 7.11%, the typical home costs about $3,760 a month including 1.66% property tax (Hillsborough County rate).
Mortgage on the typical Manchester home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $103,480 | $413,919 | $2,784 | $0 | $975 | $3,760 | $161,100 |
| 10% down | $51,740 | $465,659 | $3,133 | $194 | $975 | $4,302 | $184,400 |
| 5% down | $25,870 | $491,529 | $3,307 | $205 | $975 | $4,487 | $192,300 |
| 3.5% down (FHA) | $18,109 | $508,028 | $3,418 | $229 | $975 | $4,622 | $198,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.66% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Manchester area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hillsborough County, NH | $517,347 | +2.2% | 1.66% |
What can you afford in New Hampshire on your salary? · New Hampshire home prices · Salaries in New Hampshire
Frequently asked questions
How much is a house in Manchester?
The typical home in the Manchester, NH metro area is worth $517,399 (Zillow, September 2026).
What salary do you need to buy a house in Manchester?
About $161,100 a year for the typical home with 20% down at 7.11%.