Home Values in Concord, New Hampshire — 2026 Market Report
Updated March 2026 | Balanced Market | +3.1% YoY
The median home value in Concord, New Hampshire is $345,000 as of March 2026, which is below the national median of $400,000. Home values in Concord have increased by 3.1% over the past year and 16.5% over the last five years. With a population of 43,976 and a median household income of $62,250, the price-to-income ratio stands at 5.5x, making Concord affordable for the average household.
Concord Housing Market Conditions
| Metric | Concord | National Avg |
|---|---|---|
| Median Home Value | $345,000 | $400,000 |
| YoY Appreciation | +3.1% | +3.8% |
| 5-Year Appreciation | +16.5% | +22.4% |
| Price per Sq Ft | $110 | $222 |
| Days on Market | 56 days | 45 days |
| Months of Supply | 3.6 | 3.5 |
| List-to-Sale Ratio | 97.3% | 98.5% |
| Monthly Homes Sold | 25 | — |
| Foreclosure Rate | 0.47% | 0.3% |
Home Value Trends in Concord
A homeowner who purchased at the median price of $296,137 five years ago in Concord would have gained approximately $48,863 in equity, representing a 16.5% return on investment. Over the past year alone, the typical homeowner gained $10,373 in home equity.
Affordability in Concord, NH
With a median household income of $62,250 and a median home price of $345,000, the price-to-income ratio in Concord is 5.5x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,100 compared to estimated monthly ownership costs of $2,240 gives a rent-vs-buy ratio of 1.07. In Concord, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Concord
The effective property tax rate in New Hampshire is 2.09%. On a home valued at $345,000, the estimated annual property tax bill is $7,211, or approximately $601/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Concord is 105.5 (100 = national average), indicating living costs are near the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Concord, NH?
The median home value in Concord, New Hampshire is $345,000 as of March 2026. Home values have changed +3.1% over the past year, with a 5-year appreciation of 16.5%.
Is Concord a buyer's or seller's market?
Concord is currently a balanced market with 3.6 months of housing supply. Homes spend an average of 56 days on market, and the list-to-sale price ratio is 97.3%. Supply and demand are relatively balanced.
Are home values going up in Concord?
Yes, home values in Concord have increased by 3.1% over the past year. The 5-year appreciation rate is 16.5%, meaning a home worth $296,137 five years ago is now worth $345,000.
Is it better to rent or buy in Concord?
The average monthly rent in Concord is $2,100, while estimated monthly homeownership costs are approximately $2,240. The price-to-rent ratio is 13.7. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other New Hampshire Cities
Related Resources
Disclaimer: Home value data for Concord, New Hampshire is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.