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Hillsborough County, NH housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$517,347+2.2% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$112,150About 1.1× the local median income ($105,060): a stretch for a typical household
Days on market38 daysAbout the same pace as a year ago
Next 12 months+3.4%Zillow expects prices to rise slightly

The typical home in Hillsborough County, NH is worth $517,347, up 2.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $431,328, so the area is 19.9% overvalued. It is a balanced market: homes take about 38 days to sell, listings are up 18% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 3.4% over the next year. A household needs about $112,150 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $105,060. Typical rent is $2,165 a month, or $2,965 for a house. In the latest IRS figures, 284 more people moved out than in.

Home value over time

$0K$100K$200K$300K$400K$500K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$517,347
Change in 1 year+2.2%
Overvalued %+19.9%
Show 7 more
Fair home value$431,328
Change in 5 years+34.9%
Zillow forecast, next 12 months+3.4%
Home value to income4.9×
Monthly mortgage payment (20% down)$2,804
Income needed to afford it$112,150
Property tax rate1.66%

Rent and investing

Typical rent$2,165
Typical rent for houses$2,965
Price-to-rent ratio19.9×
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HUD Fair Market Rent, 2 bedrooms$2,060
Gross rental yield5.02%
Cap rate (estimate)3.26%

Market activity

Listings vs a year ago+17.7%
Days on market38
Listings with a price cut19.8%
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Homes for sale633
Pending sales per 100 listings77
Asking price per sq ft$291

People and jobs

Median household income$105,060
Population change (1 year)+0.7%
Unemployment rate3.1%
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Population433,415
Income adjusted for cost of living$99,395
Net moves in (IRS)−284
Cost of living (US = 100)105.7

Schools, risk and environment

School rating (1 to 10)5.2
FEMA hazard risk score (0 to 100)89.8
Unhealthy air days a year4
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Flood risk score92.6
Wildfire risk score67.0
Walkability (1 to 20)7.3
Road, rail and air noise54 dB

Questions people ask

Is Hillsborough County, NH overvalued?
Home prices in Hillsborough County, NH are well above what local incomes have historically supported: fair value is about $431,328, so the area is 19.9% overvalued.
Is Hillsborough County, NH a buyer's or seller's market?
Hillsborough County, NH is a balanced market: homes take about 38 days to sell, listings are up 18% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Hillsborough County, NH?
Home values in Hillsborough County, NH are up 2.2% over the last year. Zillow's forecast for the next 12 months is +3.4%.
How much do you need to earn to buy a home in Hillsborough County, NH?
A household needs about $112,150 a year to afford the typical home in Hillsborough County, NH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $105,060.

Nearby and similar counties

ZIP codes in Hillsborough County (open on the map)

See every chart for Hillsborough County, NH on the map