Market Intelligence · NH / Hillsborough County

Manchester, NH home prices and housing market

5 ZIP markets liveData updated September 2026Typical value$424K1-yr changeDown2.5%

The typical home value in Manchester, NH is $424K as of September 2026, down 2.5% from a year ago, based on the Zillow Home Value Index. In the typical Manchester ZIP code, the median list price is $417K and homes spend a median of 42 days on market as of September 2026 (Realtor.com).

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The coverage

Manchester, by the numbers.

Typical home valueZillow ZHVI, September 2026
$424K
1-yr changeMedian across Manchester ZIPs
-2.5%
ZIP markets live8 tracked in Manchester
5
County
Hillsborough County

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12-month value trend

-2.5% over 12 months

Typical home value in Manchester over the last 12 months: $435K in Sep 2025 to $424K in Sep 2026 (-2.5%).

Sep 2025$435K

Sep 2026$424K

Median Zillow home value index across Manchester's ZIP codes.

Context

Manchester's housing market shows signs of softening. The typical home value has fallen 2.5% over the past year and now sits at $423,921 as of September 2026. There are currently 80 homes for sale, with 90 new listings added recently, suggesting steady inventory flow. The median list price stands at $417,400, and homes are taking a median of 42 days to sell. About 7.1% of listings have received price cuts, pointing to modest seller concessions in a cooler market. If you're weighing a sale, consider that you may have less negotiating power than in a stronger year.

The numbers

What is the housing market like in Manchester, NH?

Typical home value

$424K

Down2.5%YoY

Median list price

$417K

Days on market

42

Homes for sale

80

Price cuts

7.1%

New listings

90

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Manchester's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Manchester, NH home prices over time

Typical home values in Manchester, NH are down 2.5% over the past year, from $435K in September 2025 to $424K in September 2026.

Typical home value in Manchester, NH, September of each year
MonthTypical value1-yr change
September 2026$423,921-2.5%
September 2025$434,614No prior year

Typical value is the median Zillow Home Value Index across Manchester ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Manchester, NH a buyer's or seller's market?

Manchester, NH leans toward a seller's market.

Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 42 days on market and 7% of listings with a price cut in the typical Manchester ZIP code, and 90 new listings against 80 active listings across Manchester, as of September 2026 (Realtor.com).

The outlook

Manchester housing market forecast 2027

+3.0%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 5 Manchester ZIP codes, points to typical home values rising 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in Manchester fell 2.5%, per the Zillow Home Value Index.

Will home prices drop in Manchester?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Manchester shows typical home values rising 3.0% by September 2027, after a 2.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 5 Manchester ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Manchester ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 8 Manchester ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Manchester, NH home prices.

What is the typical home value in Manchester?

As of September 2026, the typical home value in Manchester is $423,921, down 2.5% over the past year.

How long do homes take to sell in Manchester?

The median time on market is 42 days as of September 2026.

How many homes are currently for sale in Manchester?

There are 80 homes for sale as of September 2026, with 90 new listings added recently.

Are home prices going up or down in Manchester, NH?

Typical home values in Manchester, NH are down 2.5% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Manchester, NH a buyer's or seller's market?

Manchester, NH leans toward a seller's market. Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 42 days on market and 7% of listings with a price cut in the typical Manchester ZIP code, and 90 new listings against 80 active listings across Manchester, as of September 2026 (Realtor.com).

Nearby markets

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The market is moving

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