With New Hampshire residential home prices showing no sign of slowing, affordability hit an all-time low over NHAR's recording period, dropping under 100 for the first time in at least 17 years.
An affordability index of 120, for example, would mean the median household income is 120 percent of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
The median price in New Hampshire hit an all-time January high of $399,700, and inventory was at the lowest recorded in the state, at 931, a 35 percent drop from last year.
For our detailed January 2022 market report, click here. For statewide and county level data from 1998 to 2021, click here.
Questions? Please email Communications Director Dave Cummings (dave@nhar.com), or call 603-225-5549.