Manchester Housing Market Guide

The Manchester housing market in 2025 continues to exhibit strong growth and competitiveness. As of March, the median home price reached $430,500, marking a 10.4% increase from the previous month. Homes are selling rapidly, with properties typically coming under contract within 11 days.

Despite a 19.7% month-over-month increase in available homes, demand continues to outpace supply. Manchester’s appeal is bolstered by New Hampshire’s favorable tax policies, including no state income or sales tax, and its proximity to major metropolitan areas like Boston.

These factors contribute to its ranking as one of America’s hottest housing markets in 2025. Prospective buyers should be prepared for swift decision-making and competitive offers in this dynamic market.

Manchester Housing Trends: When is the Right Time to Buy?

Whether you’re a first-time homebuyer, a growing family, or an investor looking for rental opportunities, understanding the local housing trends is essential.

1. Manchester’s Housing Market Overview

Manchester’s real estate market has seen steady growth over the past few years, with home prices rising but still remaining more affordable than many other New England cities. The median home price in Manchester is around $375,000, making it a budget-friendly option compared to neighboring Massachusetts. The city offers a mix of historic homes, modern condos, and new construction, catering to different buyer preferences.

2. Popular Neighborhoods in Manchester

The city has several sought-after neighborhoods, each with its own appeal. The North End is known for its charming historic homes, tree-lined streets, and proximity to downtown. Rimmon Heights offers a suburban feel with larger lots and family-friendly vibes. Downtown Manchester attracts young professionals and urban dwellers with its loft-style apartments, restaurants, and nightlife. Meanwhile, areas like Piscataqua and the West Side provide more affordable options with easy access to parks and schools.

3. Current Market Trends

Manchester’s housing market remains competitive, with low inventory driving demand. Homes in desirable neighborhoods often receive multiple offers, sometimes selling above asking price. However, the market isn’t as oversaturated as other parts of New England, giving buyers slightly more negotiating power. Interest rates and economic conditions still play a major role, but Manchester’s strong local economy helps maintain stability.

4. Affordability & Cost of Living

One of Manchester’s biggest advantages is its affordability. Property taxes in New Hampshire are higher than the national average, but the lack of state income tax helps balance the cost. Compared to Boston (just an hour away), Manchester’s housing prices are significantly lower, making it a great option for commuters and remote workers. First-time buyers can find starter homes under 300,000, while luxury properties in premium neighborhoods may exceed 300,000, while luxury properties in premium neighborhoods may exceed 600,000.

5. Rental Market & Investment Opportunities

Manchester’s rental market is thriving due to its growing population and student presence (thanks to Southern New Hampshire University and UNH Manchester). Investors can find strong demand for both single-family homes and multi-unit properties. Average rents for a one-bedroom apartment range from 1,500to1,500to1,800, offering solid returns for landlords. Areas near colleges and downtown are particularly lucrative for rental investments.

Manchester Housing Market Guide

6. Outlook for Manchester Real Estate

Experts predict continued growth in Manchester’s housing market, driven by its economic stability and appeal to out-of-state buyers. Major employers like Elliot Health System, Dyn, and Bank of America provide job security, while ongoing downtown revitalization projects enhance livability. As more remote workers seek affordable alternatives to big cities, Manchester’s real estate market is poised for long-term appreciation.

7. Tips for Buyers & Sellers

For buyers, getting pre-approved for a mortgage and acting quickly when a desirable home hits the market is key. Working with a local realtor who knows Manchester’s neighborhoods can provide a competitive edge. Sellers should focus on pricing their homes competitively and making minor upgrades to attract buyers in a market where move-in-ready homes sell fastest.

Granite State Moving & Storage: Trusted Manchester Movers

When looking for reliable moving companies in Manchester, Granite State Moving & Storage stands out as a trusted name with decades of experience. Serving Manchester and the surrounding New Hampshire communities, we offer professional moving, packing, and storage solutions tailored to meet your needs.

Whether you’re relocating locally or long-distance, our skilled team ensures a smooth, stress-free move from start to finish. With a strong commitment to customer satisfaction and careful handling of your belongings, Granite State is proud to be one of the most dependable moving companies in Manchester. Let us take the weight off your shoulders—literally.

Relocating to Manchester, NH? Read Our Must-Have Housing Market Guide!

When it comes to trusted Manchester moving companies, Granite State Moving & Storage continues to lead with exceptional service, professionalism, and reliability. Whether you’re relocating locally within Manchester or planning a long-distance move, our experienced team ensures a smooth and stress-free transition. We offer comprehensive moving, packing, and storage solutions tailored to your needs, backed by decades of proven success. As one of the top-rated movers in Manchester, we take pride in treating your belongings with care and providing customer service that exceeds expectations. Contact Granite State Moving & Storage for a move you can feel confident about from start to finish.