The New Hampshire affordability crisis showed no sign of slowing in February, as the median price for single family residential homes reached $525,000, an all-time high for the month and a 2.4 percent increase over February 2025. It marked the 73rd consecutive month of year-over-year price increases
NEW HAMPSHIRE MONTHLY INDICATORS
The NHAR Affordability Index for February was 61 (and a 12-month average of 57), meaning the state's median household income is just 61 percent of what is necessary to qualify for the median priced home under today's interest rates. By comparison, the Index has been as high as 200 as recently as 2013, and was last over 100 in 2021.
Low housing supply remains the primary driver of ongoing price increases. Despite a 7.4 percent year-over-year increase in single family residential inventory, New Hampshire still has only 1.2 months’ supply, meaning the amount of time it would take to sell off the current housing stock at the current rate of sales. With 5-7 months’ supply generally considered a balanced market, it's been well over nine years (October 2016) since the last time we saw even the low end of that benchmark.
At that time, the state had over 7,300 single family residential homes on the market. There were 1,300 at the end of February 2026, marking a more than 82 percent decrease in that span.
"Ten years is a long time to be struggling with inventory," NHAR President Josh Greenwald told WMUR News 9 last week. "It has just been a constant struggle."
For NHAR's full slate of market data, including our Monthly Indicators report and detailed county- and town-level reports, visit our FastStats landing page. To create your own customizable and brandable market reports, visit NHAR's members-only InfoSparks page.
For NHAR's full slate of market data, including our Monthly Indicators report and detailed county- and town-level reports, visit our FastStats landing page. To create your own customizable and brandable market reports, visit NHAR's members-only InfoSparks page.
Questions? Please email Vice President of Communications and Member Engagement Dave Cummings (dave@nhar.com), or call 603-554-7855.