Nashua, New Hampshire Housing Market Prices
Nashua 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 9% above the New Hampshire median$329,206
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Median rent 17% above the New Hampshire median$1,736
Housing Market Overview
| Metric | Nashua | New Hampshire Avg | US Average |
|---|---|---|---|
| Median Home Price | $329,206 | $300,691 | $248,835 |
| Price Trend (Annual %) | 9.5% | 5.7% | 7.5% |
| Median Gross Rent | $1,736 | $1,490 | $1,407 |
| Rent Trend (Annual %) | 5.3% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Nashua is about 9% higher than in New Hampshire. Rent is about 17% higher 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 Nashua, up about 9.5% and 5.3% a year respectively. Home prices are changing faster.
Median rent in Nashua rose about 56.0% between 2015 and 2024, from $1,113 to $1,736. Over the same span, rent in New Hampshire rose about 49.0%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Nashua.
Buying the median-priced home in Nashua costs roughly 15.8 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 Nashua. The price-to-rent ratio in New Hampshire is about 16.8.
| Metric | Nashua | New Hampshire Avg | US Average |
|---|---|---|---|
| Median Home Price | $329,206 | $300,691 | $248,835 |
| Median Household Income | $96,561 | $99,079 | $80,455 |
| Price-to-Income Ratio | 3.4 | 3.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Nashua rose about 91.1%, while median household income rose about 39.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Nashua | New Hampshire Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.5% | 62.4% | 58.5% |
| Rental Rate | 42.3% | 23.3% | 31.2% |
| Vacancy Rate | 4.2% | 14.3% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Nashua has a homeownership rate of 53.5%, lower than the New Hampshire average of 62.4%. Its housing vacancy rate is 4.2%, compared with 14.3% in New Hampshire.
Housing Stock
| Metric | Nashua | New Hampshire Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1970 | 1975 | 1978 |
| Median Number of Rooms | 5.2 | 5.6 | 5.5 |
The typical housing unit in Nashua was built around 1970. On average, 2.4 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Nashua, New Hampshire.
What is the median home price in Nashua, New Hampshire?
The median home price in Nashua, New Hampshire is $329,206, higher than the New Hampshire average of $300,691.
What is the average home price in Nashua, New Hampshire?
The typical home price in Nashua, New Hampshire, reported as the median sale price, is $329,206. 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 Nashua, New Hampshire?
The median gross rent in Nashua, New Hampshire is $1,736 per month, higher than the New Hampshire average of $1,490.
What was the median gross rent in Nashua in 2020?
In 2020, the median gross rent in Nashua, New Hampshire was $1,309 per month.
What is the price-to-rent ratio in Nashua, New Hampshire?
The price-to-rent ratio in Nashua, New Hampshire is about 15.8, meaning it would take roughly 15.8 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 Nashua.
Are home prices or rent rising faster in Nashua, New Hampshire?
Both home prices and rent are rising in Nashua, up about 9.5% and 5.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Nashua, New Hampshire?
53.5% of households in Nashua, New Hampshire own their home, lower than the New Hampshire average of 62.4%.
What is the vacancy rate in Nashua, New Hampshire?
The housing vacancy rate in Nashua, New Hampshire is 4.2%, lower than the New Hampshire average of 14.3%.
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