Belknap County, New Hampshire Housing Market Prices
Belknap County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 22% below the New Hampshire median Among the top 3 cheapest counties in New Hampshire$233,409
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Median rent 22% below the New Hampshire median Among the top 3 cheapest counties in New Hampshire$1,166
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Belknap County | New Hampshire Avg | US Average |
|---|---|---|---|
| Median Home Price | $233,409 | $300,691 | $248,835 |
| Price Trend (Annual %) | 2.1% | 5.7% | 7.5% |
| Median Gross Rent | $1,166 | $1,490 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Belknap County is about 22% lower than in New Hampshire. Rent is about 22% lower than the New Hampshire average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Belknap County, up about 2.1% and 3.1% a year respectively. Rent is changing faster.
Median rent in Belknap County rose about 29.0% between 2015 and 2024, from $904 to $1,166. Over the same span, rent in New Hampshire rose about 49.0%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Belknap County.
Buying the median-priced home in Belknap County costs roughly 16.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Belknap County. The price-to-rent ratio in New Hampshire is about 16.8.
| Metric | Belknap County | New Hampshire Avg | US Average |
|---|---|---|---|
| Median Home Price | $233,409 | $300,691 | $248,835 |
| Median Household Income | $93,156 | $99,079 | $80,455 |
| Price-to-Income Ratio | 2.5 | 3.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Belknap County rose about 1.5%, while median household income rose about 54.6% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Belknap County | New Hampshire Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.1% | 62.4% | 58.5% |
| Rental Rate | 13.4% | 23.3% | 31.2% |
| Vacancy Rate | 32.5% | 14.3% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Belknap County has a homeownership rate of 54.1%, lower than the New Hampshire average of 62.4%. Its housing vacancy rate is 32.5%, compared with 14.3% in New Hampshire.
Housing Stock
| Metric | Belknap County | New Hampshire Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1974 | 1975 | 1978 |
| Median Number of Rooms | 5.5 | 5.6 | 5.5 |
The typical housing unit in Belknap County was built around 1974. On average, 2.4 people live in a home with about 5.5 rooms, staying for about 16.0 years on average.
Belknap County, NH Housing Compared With Nearby Counties
Belknap County, NH is the 4th largest of the 5 counties compared here, 64,647 residents against a local median of 124,038. Belknap County, NH's median home price, at $233,409, runs 24% below the $307,037 typical of the counties around it.
The counties themselves spread $204,360 on median home price, so Belknap County, NH sits at one end of an already wide local range rather than apart from it. Belknap County, NH has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Belknap County, NH | 64,647 | $233,409 #5/5 | $1,166 #5/5 | 80.1% #2/5 |
| Merrimack County, NH | 155,964 | $319,378 | $1,359 | 73.5% |
| Carroll County, NH | 51,798 | $294,696 | $1,194 | 83.4% |
| Grafton County, NH | 92,112 | $272,189 | $1,301 | 71.3% |
| Rockingham County, NH | 319,036 | $476,549 | $1,687 | 78.4% |
Frequently Asked Questions
Common questions about the housing market in Belknap County, New Hampshire.
What is the median home price in Belknap County, New Hampshire?
The median home price in Belknap County, New Hampshire is $233,409, lower than the New Hampshire average of $300,691.
What is the average home price in Belknap County, New Hampshire?
The typical home price in Belknap County, New Hampshire, reported as the median sale price, is $233,409. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Belknap County, New Hampshire?
The median gross rent in Belknap County, New Hampshire is $1,166 per month, lower than the New Hampshire average of $1,490.
What was the median gross rent in Belknap County in 2020?
In 2020, the median gross rent in Belknap County, New Hampshire was $1,039 per month.
What is the price-to-rent ratio in Belknap County, New Hampshire?
The price-to-rent ratio in Belknap County, New Hampshire is about 16.7, meaning it would take roughly 16.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Belknap County.
Are home prices or rent rising faster in Belknap County, New Hampshire?
Both home prices and rent are rising in Belknap County, up about 2.1% and 3.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Belknap County, New Hampshire?
54.1% of households in Belknap County, New Hampshire own their home, lower than the New Hampshire average of 62.4%.
What is the vacancy rate in Belknap County, New Hampshire?
The housing vacancy rate in Belknap County, New Hampshire is 32.5%, higher than the New Hampshire average of 14.3%.
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