MANCHESTER, NH – As the weather gets warmer, so, traditionally, does the housing market, and April’s key indicators for New Hampshire’s single-family home sales mostly followed the trend.
Statewide median sales price warmed up, too, with the April MSP for a single-family home $560,000, a 5.7% hike from the $530,000 it was in both April 2025 and in March, according to the New Hampshire Association of Realtors monthly market report. Median means that half of the homes sold for a higher price, half for less.
Manchester’s MSP continued to be well below the state’s, at $482,500 in April, but the year-over-year increase was almost identical, up 5.8% from last year’s $456,000.
Statewide, closed sales were down 8.6% in April from 12 months before, with nine out of the state’s 10 counties showing a decrease. Closings are down 2.8% for the first four months of 2026, compared to the first four months of 2025.
But there were significant year-over-year increases statewide in pending sales (23.5%), new listings (19.4%), and overall homes for sale (18.5%). (See chart for specific numbers).
Inventory was up 11.8%, from 1.7 months’ supply to 1.9. That means that if all the properties on the market sold at the current pace and no new properties were added, they’d be gone in 1.9 months. A 6-month supply is considered necessary for a healthy market.
The affordability index remained at a near-record low of 56, the same as a year ago. The index measures how close the area median income is to afford monthly payments on a median-priced home, including mortgage, property tax and insurance. A 56 means that the AMI is 56% of what is needed.
That said, buyers got a little bit of a break in April. Home stayed on the market an average 36 days, compared to 35 a year ago. They paid an average 100.3% of list price, compared to 101% a year ago.
Indicators in the much smaller condominium/townhouse market were also slightly better in April than the previous year, including a drop in MSP to $400,000 from $410,000 in April 2025. That boosted the affordability index to 79 from 73 a year ago.
There were increases is pending sales (14.9%), new listings (11.7%), and overall properties for sale (9.1%).
There was a drop in closed sales (4.8%) and inventory, which was 2 compared to 2.1 in April 2025.
Buyers didn’t get much of a break over April 2025 – average days on the market for condo/townhouses was 31, the same as it was back then. Buyers paid an average 100.4% of list price, compared to 100.6% a year ago.
County, Manchester numbers
The median sales price for single-family homes in Hillsborough County in April was $570,000, slightly higher than the state median. Closings on single-family homes were down 9.3%, with 186 compared to 205 a year ago.
Condo/townhouse MSP in Hillsborough County was $371,500 on 110 closings, down from $385,000 on 97 closings a year ago.
Manchester’s single-family-home MSP was well below the county and state median, at $482,500, up from $456,000 a year ago. Similar to the state and county, closings in the city were down, with 38 in April, compared to 50 the previous year, for a 24% decrease.
Median list price has come down slightly, despite the rise in MSP. Sellers listed at an median of $474,900, compared to $475,000.
Inventory in the city is even tighter than it was in April 2025, at 0.6, compared to 0.8. Pending sales are up 75.6% and new listings are up 24.6%. (See chart for more).
Half of the state’s 10 counties had April MSPs that were higher than the state median – Belknap, Grafton, Hillsborough, Merrimack and Rockingham. The most expensive county in the state in which to buy a home remained Rockingham, on the Seacoast, with a $675,000 MSP on 155 closings.
The least expensive county in which to buy a home continued to be Coos, the state’s northernmost county, with an April MSP of $262,500 on 29 closings.
Coos was also the only one of the state’s 10 counties that didn’t have a decrease in closed sales, with 28 a year ago.
The biggest drop in closed sales was in Strafford County, with 61 this April compared to 80 a year ago, for a 23.8% decline.
National numbers
The national median sales price on a home in April was $408,800, up 1.4% from a year ago, making it the 33rd consecutive month of year-over-year price increases, according to the National Association of Realtors.
The NAR said that limited inventory continues to drive prices up. There were 1.36 million homes for sale in the U.S. heading into April, up 2.3% from a year earlier, but still representing just a 4.1-month supply.
Sales of existing single-family homes fell 3.6% from April 2025, with sales declining month-over-month in all four regions of the country, as well as year-over-year in the Midwest and Northeast. They increased year-over-year in the South and West.