Market Intelligence · NH / Manchester

Manchester, NH 03104 Housing Market

Homes in Manchester 03104 have a typical value of $473,115, up 1.3% over the past year. The median list price stands at $517,500, with homes staying on market for a median of 42 days.

Updated September 2026Median value$473K

The median home value in Manchester, NH 03104 is $473K as of September 2026, up 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 03104 range

$435K to $511K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.3% over 12 months

Sep 2025$467K

Low $467KHigh $473K

Sep 2026$473K

The numbers

What is the 03104 housing market like?

As of September 2026

Typical home value

$473K

1.3%YoY

Median list price

$518K

2.8%MoM

Days on market

27.3%MoM

Homes for sale

8.6%MoM

Price cuts

22.4%

1.3%MoM

New listings

8.3%MoM

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

The outlook

03104 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 03104 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 03104 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 03104?

Zillow's forecast does not call for a drop: it expects typical home values in 03104 to rise 3.1% by September 2027, after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 03104 home prices compare?

03104$473,115
Manchester$423,921
New Hampshire$478,143
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Manchester: 5 ZIPs; New Hampshire: 230 ZIPs; United States: 26,262 ZIPs).

Context

In September 2026, there were 32 homes for sale in 03104, with 26 new listings entering the market. The median days on market of 42 indicates a steady sales pace. However, 22.4% of listings have received price cuts, suggesting some sellers are adjusting expectations. Despite modest appreciation over the year, this data points to a market where pricing discipline matters.

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Home price

Down payment20% · $94,623

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Common questions

What people ask us.

What is a typical home value in Manchester 03104?

The typical home value is $473,115, up 1.3% from the prior year as of September 2026.

How long do homes stay on market in 03104?

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

How many homes are currently for sale in 03104?

There are 32 homes for sale as of September 2026, with 26 new listings.

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Nearby ZIP markets.

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