States › New Hampshire
State
New Hampshire
10 counties with an index · 6 metro and micro areas · 193 ZIP codes · 111 permit-issuing places · 1,415,342 residents (2025 est.)
FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.
New Hampshire's FHFA house price index starts in 1975. Through 2025 it has risen +1190.7%; over the ten years to 2025 the rise was +113.0% (+7.9% a year), well above the national +85.0%.
The quarterly index through 2026 Q2 is +3.9% on a year earlier and +1.8% on the quarter; nationally +3.0% and +1.1%.
The index peaked in 2006, fell −21.2% to 2012 and regained the peak in 2019; the national index fell −21.3% over 2007–2012.
4,987 housing units were authorised in New Hampshire in the 12 months to August 2026, 3.5 per 1,000 residents against 4.1 nationally; that is +15.7% on the previous 12 months. 10 counties, 6 metro and micro areas, 193 ZIP codes and 111 permit-issuing places in the state have their own pages.
Same span, state and nation
| Change in the FHFA index | New Hampshire | United States |
|---|---|---|
| 1 year (2024–2025) | +4.7% | +2.8% |
| 5 years (2020–2025) | +65.7% | +47.0% |
| 10 years (2015–2025) | +113.0% | +85.0% |
| 20 years (2005–2025) | +87.2% | +79.1% |
| Since 2000 | +206.4% | +158.3% |
| Since 1975 | +1190.7% | +960.7% |
| 10-year annualised | +7.9% | +6.3% |
| 20-year annualised | +3.2% | +3.0% |
Decade by decade
| Decade | Change | United States | |
|---|---|---|---|
| 1980s (1980–1990) | +111.1% | +68.2% | |
| 1990s (1990–2000) | +23.1% | +33.9% | |
| 2000s (2000–2010) | +40.7% | +29.7% | |
| 2010s (2010–2020) | +31.4% | +35.5% | |
| 2020s so far (2020–2025) | +65.7% | +47.0% |
FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.
Peak-to-low declines
| Peak | Low | Decline | Peak regained |
|---|---|---|---|
| 2006 | 2012 | −21.2% | 2019 |
| 1989 | 1994 | −19.0% | 2000 |
Purchase-only index
FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.
Counties
Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.
| County | 1 year | 10 years | Since 2000 | Units, 12 months | Per 1,000 | Index through |
|---|---|---|---|---|---|---|
| Belknap County | +5.7% | +136.3% | +251.8% | 476 | 7.3 | 2025 |
| Coos County | +4.2% | +135.0% | +244.7% | 148 | 4.7 | 2025 |
| Carroll County | +2.2% | +127.2% | +251.1% | 434 | 8.2 | 2025 |
| Grafton County | +6.8% | +120.2% | +252.6% | 380 | 4.1 | 2025 |
| Strafford County | +5.3% | +120.2% | +213.7% | 518 | 3.8 | 2025 |
| Merrimack County | +4.7% | +116.0% | +216.2% | 456 | 2.9 | 2025 |
| Sullivan County | +3.9% | +113.3% | +228.4% | 129 | 2.9 | 2025 |
| Hillsborough County | +4.8% | +110.4% | +200.2% | 699 | 1.6 | 2025 |
| Rockingham County | +4.5% | +109.1% | +201.2% | 1,550 | 4.8 | 2025 |
| Cheshire County | +4.2% | +106.1% | +191.9% | 197 | 2.5 | 2025 |
Metro and micropolitan areas
Areas with any county in New Hampshire; multi-state areas appear under each of their states.
| Area | Type | 1 year | 10 years | Year to 2026 Q2 | Units, 12 months |
|---|---|---|---|---|---|
| Laconia, NH | Micro | +5.7% | +136.3% | — | 476 |
| Concord, NH | Micro | +4.7% | +116.0% | — | 456 |
| Manchester-Nashua, NH | Metro | +4.8% | +110.4% | +4.8% | 699 |
| Lebanon-Claremont, NH-VT | Micro | +4.0% | +106.3% | — | 684 |
| Keene, NH | Micro | +4.2% | +106.1% | — | 197 |
| Boston-Cambridge-Newton, MA-NH | Metro | +4.0% | +89.3% | — | 10,842 |
Building permits
Housing units authorised in New Hampshire by month, latest 60 monthssingle-family2+ unit buildings
Housing units authorised in New Hampshire by year, 1995–2025single-family2+ unit buildings
Single-family share of the latest 12 months: 65% (63% nationally). Since 1995: 151,921 units.
Year by year
Each year's index change and permits, with every county's figures for that year.
| Year | New Hampshire index | US index | Units permitted | Single-family |
|---|---|---|---|---|
| 2025 | +4.7% | +2.8% | 5,030 | 3,279 |
| 2024 | +7.9% | +4.9% | 4,965 | 2,904 |
| 2023 | +10.5% | +5.7% | 4,555 | 2,969 |
| 2022 | +16.3% | +15.5% | 4,783 | 3,129 |
| 2021 | +14.3% | +11.6% | 4,892 | 3,426 |
| 2020 | +5.1% | +3.0% | 4,320 | 3,033 |
| 2019 | +5.2% | +4.2% | 4,743 | 2,746 |
| 2018 | +6.0% | +5.7% | 4,445 | 2,710 |
| 2017 | +5.6% | +5.4% | 3,625 | 2,711 |
| 2016 | +3.9% | +5.3% | 3,796 | 2,680 |
| 2015 | +3.6% | +4.4% | 3,763 | 2,424 |
| 2014 | +3.8% | +6.2% | 3,403 | 2,188 |
| 2013 | +0.7% | +3.4% | 2,788 | 2,136 |
| 2012 | −2.4% | −1.8% | 2,296 | 1,682 |
| 2011 | −3.3% | −4.4% | 2,346 | 1,606 |
| 2010 | −4.3% | −5.1% | 2,670 | 1,890 |
| 2009 | −7.5% | −7.5% | 2,287 | 1,662 |
| 2008 | −3.9% | −4.5% | 3,234 | 2,333 |
| 2007 | −1.8% | +0.6% | 4,561 | 3,772 |
| 2006 | +3.0% | +6.6% | 5,677 | 4,826 |
| 2005 | +10.9% | +12.4% | 7,586 | 6,432 |
| 2004 | +11.3% | +9.2% | 8,653 | 7,002 |
| 2003 | +7.2% | +4.5% | 8,641 | 6,583 |
| 2002 | +11.0% | +5.4% | 8,708 | 6,754 |
| 2001 | +11.6% | +6.7% | 6,624 | 5,910 |
| 2000 | +15.2% | +8.3% | 6,680 | 6,097 |
| 1999 | +7.6% | +4.3% | 6,326 | 5,696 |
| 1998 | +6.0% | +3.7% | 5,771 | 5,310 |
| 1997 | +3.6% | +3.8% | 5,404 | 4,598 |
| 1996 | +3.0% | +3.2% | 4,926 | 4,233 |
| 1995 | +1.4% | +3.7% | 4,423 | 4,105 |
Cities issuing the most permits
Housing units authorised in the 12 months to August 2026; every place is listed on its county page.
- Londonderry town 282
- Hampton town 273
- Manchester 213
- Laconia 186
- Concord 176
- Portsmouth 164
- Dover 161
- Salem town 140
- Conway town 137
- Lebanon 134
- Rochester 125
- Nashua 116
- Alton town 76
- Carroll town 72
- Exeter town 69
- Raymond town 65
- Fremont town 62
- Durham town 60
- Moultonborough town 60
- Meredith town 52
- Brentwood town 51
- Barrington town 47
- Litchfield town 45
- Windham town 45
- Derry town 41
- Milford town 41
- Pelham town 39
- Sandown town 39
- Kingston town 38
- Wakefield town 38
- Nottingham town 36
- Ossipee town 35
- Rindge town 35
- Gilford town 34
- Somersworth 34
- Sunapee town 33
- Tuftonboro town 32
- Wolfeboro town 32
- Bartlett town 29
- Hudson town 29
Questions and answers
How much have home values in New Hampshire risen over 10 years?
The FHFA index rose +113.0% between 2015 and 2025, +7.9% a year; over 20 years +87.2% and since 2000 +206.4%. Nationally: +85.0%, +79.1% and +158.3%.
Which New Hampshire counties rose most over 10 years?
Belknap County (+136.3%), Coos County (+135.0%) and Carroll County (+127.2%), by FHFA's annual county index to 2025.
What happened to New Hampshire home prices in 2008?
The state index peaked in 2006, fell −21.2% to 2012 and regained its peak in 2019.
How many homes are being built in New Hampshire?
4,987 units were authorised in the 12 months to August 2026: 3,219 single-family and 1,768 in multi-unit buildings, 3.5 per 1,000 residents.
Where does this data come from?
FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.
Provenance
Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.