📊 Single Family Residential • 2021–2026 Analysis
New Hampshire Housing Market
Market Report
PrimeMLS data for NH Statewide, Portsmouth, Salem, Derry & Windham. 102,567 total sales analyzed.
NH Median
$438K
102,567 homes sold
Portsmouth
$765K
+75% over statewide
Hottest Market
Derry
16 DOM · 102.7% SP/LP
Income Gap
43%
Portsmouth vs NH median
Market Overview
5-market comparison · January 2021 – March 2026
New Hampshire Statewide
$438,000 median
Avg Sale
$530,781
Avg DOM
29 days
SP/LP Ratio
100.24%
Sell-Through
85.6%
Portsmouth
$765,359 median
Avg Sale
$994,254
Avg DOM
24 days
SP/LP Ratio
99.38%
Sell-Through
80.2%
Salem
$555,000 median
Avg Sale
$612,200
Avg DOM
17 days
SP/LP Ratio
101.62%
Sell-Through
90.7%
Derry
$491,000 median
Avg Sale
$518,587
Avg DOM
16 days
SP/LP Ratio
102.69%
Sell-Through
90.4%
Windham
$760,000 median
Avg Sale
$860,186
Avg DOM
23 days
SP/LP Ratio
101.37%
Sell-Through
89.6%
Median Sale Price Comparison
NH
Portsmouth
Salem
Derry
Windham
Days on Market
Sale-to-List Price Ratio
New Hampshire Statewide
102,567 single-family sales · 2021–2026
Median Sale Price
$438,000
Average Sale
$530,781
SP/LP Ratio
100.24%
Market Speed
29 days
Sell-Through
85.6%
Active Listings
2,755
Active Inventory
2,755
Avg List Price
$873,488
Median List
$579,000
Volume
102,567
Period
2021–2026
Property Type
Single Family
Price Distribution — NH Statewide
Average Price by Bedrooms
Portsmouth
Seacoast premium market · 790 sales
Median Sale Price
$765,359
Average Sale
$994,254
vs NH (+75%)
+$327K
SP/LP Ratio
99.38%
Sell-Through
80.2%
Market Speed
24 days
Active Listings
18
Avg List
$1.36M
Volume
790
Median List
$1.41M
5+ BR Avg
$2.05M
💡
Portsmouth commands nearly double the statewide median but has a lower sell-through rate (80.2%) — the highest priced market but homes take longer to match buyers. 4-bedroom homes average $1.2M, more than double the same type in Derry ($610K).
Price Distribution — Portsmouth
Average Price by Bedrooms
Portsmouth
NH Statewide
Salem
I-93 corridor · 1,361 sales
Median Sale Price
$555,000
Average Sale
$612,200
vs NH (+27%)
+$117K
SP/LP Ratio
101.62%
Sell-Through
90.7%
Market Speed
17 days
Active Listings
9
Avg List
$734K
Volume
1,361
Median List
$680K
5+ BR Avg
$850K
🔥
Salem has only 9 active listings for a town that sold 1,361 homes over the past 5 years — essentially zero inventory. SP/LP ratio of 101.62% means buyers consistently pay above asking.
Price Distribution — Salem
Average Price by Bedrooms
Salem
NH Statewide
Derry
Hottest market in southern NH · 1,371 sales
Median Sale Price
$491,000
Average Sale
$518,587
vs NH (+12%)
+$53K
SP/LP Ratio
102.69%
Sell-Through
90.4%
Market Speed
16 days
Active Listings
18
Avg List
$714K
Volume
1,371
Median List
$608K
5+ BR Avg
$684K
🔥
Derry is the hottest market in NH. With a 102.69% sale-to-list price ratio and only 16 days on market, buyers consistently pay above asking. At $491K median, it's also the most accessible of the southern NH markets.
Price Distribution — Derry
Average Price by Bedrooms
Derry
NH Statewide
Windham
Premium I-93 corridor · 957 sales
Median Sale Price
$760,000
Average Sale
$860,186
vs NH (+73%)
+$322K
SP/LP Ratio
101.37%
Sell-Through
89.6%
Market Speed
23 days
Active Listings
11
Avg List
$895K
Volume
957
Median List
$775K
5+ BR Avg
$1.29M
🏡
Windham effectively matches Portsmouth's median at $760K — driven by its top-rated school system and larger lot sizes. With only 11 active listings, inventory is extremely tight.
Price Distribution — Windham
Average Price by Bedrooms
Windham
NH Statewide
Southern NH Corridor
Salem · Derry · Windham — the I-93 corridor towns attracting MA buyers
I-93 Corridor Summary
Salem
$555K
17 DOM · 101.62% SP/LP
Derry
$491K
16 DOM · 102.69% SP/LP
Windham
$760K
23 DOM · 101.37% SP/LP
NH Statewide
$438K
29 DOM · 100.24% SP/LP
Price Distribution Comparison
Bedroom Price Comparison
Southern NH vs Portsmouth vs NH Statewide
🚗
The MA-to-NH migration corridor is reshaping southern NH. All three I-93 towns show SP/LP ratios above 101%, with Derry leading at 102.69%. DOM ranges from 16–23 days, all well below the statewide 29-day average. Windham commands a premium matching Portsmouth — driven by schools and lot sizes.
Affordability Analysis
Income requirements at standard lending criteria
Portsmouth — Income Requirements
Home Price
$765K
Down (20%)
$153K
Monthly @6.75%
$4,943
Income Needed
$197K
30% DTI
Income Required by Market
Monthly Payment Breakdown
Affordability Comparison
| Market | Median | Down (20%) | Monthly | Income Needed | Gap vs $111.8K |
|---|
30yr @6.75%, 20% down, 30% DTI, 2.09% property tax, $2,400/yr insurance. NH Median: $111,800
Income Gap
43%
Gap between NH median income and what's needed for a Portsmouth home.
NH Property Tax
~2.09%
Among the highest in the nation. A $555K Salem home = ~$11,600/yr in property taxes.
No Income Tax
0%
Attracts MA commuters — but high property taxes offset much of the savings for homeowners.
Inventory Crisis
9–18
Active listings per market. Salem has just 9 listings for a town that sold 1,361 homes in 5 years.
