What is the cheapest city to buy a house in New Hampshire?

Keene, with a median closed price of $375,000 over its reporting window, among New Hampshire cities where Resideline tracked at least 100 closings inside the city limits.

Are these asking prices or sale prices?

Closed sale prices. Every price median is the price homes actually closed at inside the municipal boundary, not a listing price. The one column measured differently is realized appreciation, which uses the postal city, as the note under the table says.

Why does a cheap city show a high price per square foot?

Because the ranking median covers every property type that closed, condos and multi-family included, while the $/sqft column is single-family houses only. In cities where most sales are condos, the median price is low and the house $/sqft can still be high.

Is the appreciation figure a forecast?

No. It is the median annual change between consecutive sales of the same home, on repeat-sale pairs. It is historical and nominal, and it says what happened, not what will.

Cheapest Cities to Buy a House in New Hampshire (2026)

These are the New Hampshire cities with the lowest median closed home price over their reporting window, among cities where Resideline tracked at least 100 closings inside the municipal limits. Cheapest is not the same as best value, so each city also shows what houses closed at per square foot, what history says about appreciation, and how fast listed homes went under contract.

The ranking

#	City	Median closed price	Houses $/sqft	Realized appreciation	Days to contract	Closings	Window
1	Keene	$375,000	$231	6.22%/yr	18	189	six months
2	Concord	$420,000	$289	7.80%/yr	12	447	six months
3	Derry	$449,000	$325	6.68%/yr	8	279	six months
4	Laconia	$449,950	$282	7.94%/yr	20	356	six months
5	Manchester	$450,000	$296	6.97%/yr	8	1,021	six months
6	Hudson	$460,000	$340	6.19%/yr	9	150	12 months
7	Exeter	$483,500	$367	6.45%/yr	33	314	12 months

1. Keene, $375,000

Homes in Keene closed at a median of $375,000 over the last six months, about 74 percent of the New Hampshire statewide median. Resideline tracked 189 closings there, roughly 32 a month. Single-family houses closed at a median of $231 per square foot across 138 sales with usable living area. Between consecutive sales of the same home, prices moved a median 6.22 percent a year (437 pairs, postal-area scope), a historical figure rather than a projection. Listed homes went under contract in a median of 18 days, which is fast for the state and leaves little time to deliberate. Full detail is on the Keene market page.

2. Concord, $420,000

Concord's median closed price over the last six months was $420,000, around 83 percent of what the typical New Hampshire sale closed at. 447 closings sit behind that figure, about 74 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $289, measured on 237 sales. Homes that sold twice appreciated at a median of 7.80 percent a year between those sales, on 1,017 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Listed homes went under contract in a median of 12 days, which is fast for the state and leaves little time to deliberate. Full detail is on the Concord market page.

3. Derry, $449,000

Derry's median closed price over the last six months was $449,000, around 89 percent of what the typical New Hampshire sale closed at. 279 closings sit behind that figure, about 46 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $325, measured on 147 sales. Between consecutive sales of the same home, prices moved a median 6.68 percent a year (733 pairs, postal-area scope), a historical figure rather than a projection. The median listed home was under contract in 8 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Derry market page.

4. Laconia, $449,950

Laconia's median closed price over the last six months was $449,950, around 89 percent of what the typical New Hampshire sale closed at. Resideline tracked 356 closings there, roughly 59 a month. Single-family houses closed at a median of $282 per square foot across 175 sales with usable living area. Between consecutive sales of the same home, prices moved a median 7.94 percent a year (824 pairs, postal-area scope), a historical figure rather than a projection. The median listed home was under contract in 20 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Laconia market page.

5. Manchester, $450,000

Homes in Manchester closed at a median of $450,000 over the last six months, about 89 percent of the New Hampshire statewide median. Resideline tracked 1,021 closings there, roughly 170 a month. Single-family houses closed at a median of $296 per square foot across 629 sales with usable living area. Between consecutive sales of the same home, prices moved a median 6.97 percent a year (1,844 pairs, postal-area scope), a historical figure rather than a projection. The median listed home was under contract in 8 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Manchester market page.

6. Hudson, $460,000

Hudson's median closed price over the last 12 months was $460,000, around 91 percent of what the typical New Hampshire sale closed at. 150 closings sit behind that figure, about 12 a month, enough to price against. Single-family houses closed at a median of $340 per square foot across 85 sales with usable living area. Homes that sold twice appreciated at a median of 6.19 percent a year between those sales, on 860 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home was under contract in 9 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Hudson market page.

7. Exeter, $483,500

Homes in Exeter closed at a median of $483,500 over the last 12 months, close to the statewide median. 314 closings sit behind that figure, about 26 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $367, measured on 109 sales. Between consecutive sales of the same home, prices moved a median 6.45 percent a year (421 pairs, postal-area scope), a historical figure rather than a projection. Listed homes went under contract in a median of 33 days. Full detail is on the Exeter market page.

Note: realized appreciation is the one column measured on the postal city, from repeat sales of the same home across the ZIP codes that share the city's name; every other figure is confined to the municipal boundary.

How to read this list

A low median is where the analysis starts, not where it ends. Property type, size, condition and block move a number far more than the city line does, so check any address on this list against its own comparable closings.

Figures last updated September 5, 2026 from closings Resideline tracked. Appreciation is the median annual change between consecutive sales of the same home; it is historical, nominal and not a projection.