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Home appreciation in New Hampshire
New Hampshire's FHFA HPI® all-transactions index changed +4.0% over the year to Q2 2026, versus +3.0% nationally, ranking 17th of 51 states and D.C. Below, compare its 9 3-digit ZIP regions and 2 metro areas.
- 1-year change
- +4.0%
- 5-year change
- +54.9%
- Since Q1 1995
- +400%
- State rank (1 year)
- 17th
U.S. +3.0%
6th of 51
U.S. +292%
of 51 states and D.C.
New Hampshire vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- New Hampshire: 499.5
- United States: 391.6
New Hampshire appreciation by time window
| Window | NH | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +4.0% | +3.0% | +0.9 pts |
| 3 years | +19.3% | +12.9% | +6.4 pts |
| 5 years | +54.9% | +41.3% | +13.6 pts |
| 10 years | +120% | +93.3% | +27.0 pts |
| Since Q1 1995 | +400% | +292% | +108.0 pts |
3-digit ZIP regions in New Hampshire
Fastest-appreciating ZIP codes in New Hampshire →Sorted by one-year change. 8 of 9 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 034 · Keene, NH area | +5.5% | +61.8% | +123% | +300% |
| 2 | 030 · Nashua, NH area | +5.2% | +52.8% | +119% | +396% |
| 3 | 032 · Laconia, NH area | +4.3% | +59.3% | +132% | +423% |
| 4 | 035 · Berlin, NH area | +4.0% | +60.4% | +127% | +381% |
| 5 | 036 · Charlestown, NH area | +4.0% | +60.4% | +127% | +381% |
| 6 | 037 · Claremont, NH area | +4.0% | +60.4% | +127% | +381% |
| 7 | 031 · Manchester, NH area | +3.4% | +52.6% | +118% | +392% |
| 8 | 038 · Dover, NH area | +3.4% | +54.4% | +119% | +419% |
| 9 | 033 · Concord, NH area | +1.3% | +53.0% | +116% | +356% |
Metro areas in New Hampshire
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Manchester-Nashua, NH | +4.8% | +52.4% | +385% |
| Rockingham County-Strafford County, NH (division) | +3.8% | +53.5% | +415% |
Boom, bust, and recovery in New Hampshire
New Hampshire's index peaked in Q1 2006, fell 20.0% to its low in Q2 2012, and regained its peak in Q2 2018, about 12.2 years after the top. Today it sits +97.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| NH | Q1 2006 | Q2 2012 | -20.0% | Q2 2018 (12.2 yrs) | +97.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, New Hampshire's index has changed +126% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | NH after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | +0.1% | -0.8% |
| 3 years | +9.8% | +8.6% | +2.8% |
| 5 years | +24.0% | +24.9% | +13.9% |
| 10 years | +39.1% | +58.4% | +39.0% |
| Since Q1 1995 | +121% | +126% | +76.8% |
If you bought in New Hampshire in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +392% | $1,476,998 |
| Q2 2000 | +253% | $1,058,032 |
| Q2 2005 | +107% | $619,532 |
| Q2 2010 | +136% | $707,352 |
| Q2 2015 | +128% | $684,481 |
| Q2 2020 | +78.1% | $534,351 |
| Q2 2021 | +54.9% | $464,552 |
| Q2 2023 | +19.3% | $357,797 |
| Q2 2025 | +3.9% | $311,837 |
Frequently asked questions
- How much have home prices gone up in New Hampshire?
- FHFA HPI® data for New Hampshire shows the all-transactions index changed +4.0% over the year to Q2 2026, +54.9% over five years, +120% over ten years, and +400% since Q1 1995.
- Is New Hampshire appreciating faster than the national average?
- Over the past year New Hampshire's index moved +0.9 pts versus the U.S. (+3.0%), ranking 17th of 51 states and D.C. Over five years the gap is +13.6 pts.
- Which ZIP codes in New Hampshire are appreciating fastest?
- Over the past year the strongest of 9 3-digit ZIP regions in New Hampshire was ZIP3 034 (Keene, NH area) at +5.5%, and the weakest was ZIP3 033 (Concord, NH area) at +1.3%. 8 of 9 beat the national one-year change.