Best Places To Buy A House In New Hampshire For 2020


Using science and data, we can tell you which places in New Hampshire have seen home prices rising and people flocking over the past year.

Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2020.

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There's a the age old question everyone thinks about when they decide to move to a city in New Hampshire:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in New Hampshire, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Granite State.

To do that we are going to look at places in New Hampshire that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in New Hampshire at the moment? That would be Winchester according to our analysis.

Here's a look at the top ten places to buy a home in new hampshire for 2020:

  1. Winchester (Homes For Sale)
  2. North Conway (Photos | Homes For Sale)
  3. Hampton Beach (Homes For Sale)
  4. Jaffrey (Homes For Sale)
  5. Peterborough (Homes For Sale)
  6. Wolfeboro (Homes For Sale)
  7. Raymond (Homes For Sale)
  8. Goffstown (Homes For Sale)
  9. Tilton Northfield (Homes For Sale)
  10. Plymouth (Photos | Homes For Sale)

What's the best place to buy a home in New Hampshire for 2020? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in new hampshire and, for those of you on a budget, the cheapest places to live in new hampshire.

For more New Hampshire reading, check out:

The 10 Best Cities To Buy A House In New Hampshire For 2020

Overall SnackAbility

4
/10

Population: 2,199
Median Home Price: $107,700
Population Change: 9.1%
Home Price Change: -8.7%
More on Winchester: Homes For Sale | Data

North Conway, NH

Source: Wikipedia User |
Overall SnackAbility

6
/10

Population: 2,284
Median Home Price: $245,500
Population Change: 6.7%
Home Price Change: 5.1%
More on North Conway: PhotosHomes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,603
Median Home Price: $334,300
Population Change: 8.2%
Home Price Change: 2.2%
More on Hampton Beach: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 2,614
Median Home Price: $162,800
Population Change: 11.2%
Home Price Change: 2.7%
More on Jaffrey: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 2,846
Median Home Price: $240,700
Population Change: -6.3%
Home Price Change: 12.0%
More on Peterborough: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 2,870
Median Home Price: $317,600
Population Change: -4.1%
Home Price Change: 0.1%
More on Wolfeboro: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 2,994
Median Home Price: $227,600
Population Change: -4.1%
Home Price Change: 3.0%
More on Raymond: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 3,000
Median Home Price: $235,500
Population Change: -3.1%
Home Price Change: 8.2%
More on Goffstown: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 3,156
Median Home Price: $165,500
Population Change: 2.6%
Home Price Change: -4.6%
More on Tilton Northfield: Homes For Sale | Data

Plymouth, NH

Overall SnackAbility

5
/10

Population: 3,163
Median Home Price: $193,600
Population Change: -18.2%
Home Price Change: 0.6%
More on Plymouth: PhotosHomes For Sale | Data

How do you determine the best places to buy a home in new hampshire for 2020?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in New Hampshire. Put differently, the analysis will try to find places in New Hampshire with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2014-2018 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for New Hampshire with the following caveats:

So of the 0 cities and towns in New Hampshire, only 41 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 41 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Winchester is the best potential gem in the not-so-rough in the Granite State.

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In new hampshire for 2020

There's our analysis of the best places to buy a house in New Hampshire. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more new hampshire reading, check out:

Detailed List Of The Best Places To Buy A Home In New Hampshire

City Rank Median Home Price Population Change Home Price Increase
Winchester 1 $107,700 9.1% -8.7%
North Conway 2 $245,500 6.7% 5.1%
Hampton Beach 3 $334,300 8.2% 2.2%
Jaffrey 4 $162,800 11.2% 2.7%
Peterborough 5 $240,700 -6.3% 12.0%
Wolfeboro 6 $317,600 -4.1% 0.1%
Raymond 7 $227,600 -4.1% 3.0%
Goffstown 8 $235,500 -3.1% 8.2%
Tilton Northfield 9 $165,500 2.6% -4.6%
Plymouth 10 $193,600 -18.2% 0.6%
Conway 11 $159,800 3.0% 7.8%
East Merrimack 12 $166,100 4.7% 4.7%
Farmington 13 $171,900 7.9% 2.0%
Littleton 14 $159,600 4.2% 0.1%
Newport 15 $145,500 0.6% -2.8%
Hooksett 16 $211,400 4.9% 6.0%
Suncook 17 $194,000 -3.1% -3.8%
Pinardville 18 $203,300 4.8% -3.1%
Newmarket 19 $241,100 0.3% 6.4%
South Hooksett 20 $257,800 -2.0% 0.7%
Hudson 21 $228,200 -1.0% 4.3%
Franklin 22 $164,600 1.1% 2.8%
Hanover 23 $576,700 1.1% 15.5%
Exeter 24 $228,000 -0.7% 1.5%
Milford 25 $228,700 -1.7% 3.9%
Hampton 26 $358,300 -2.1% 4.9%
Berlin 27 $88,300 1.1% -2.3%
Durham 28 $342,900 3.2% 2.1%
Londonderry 29 $295,800 1.3% 2.4%
Somersworth 30 $179,800 0.7% 4.7%
Claremont 31 $131,000 -0.1% -1.1%
Lebanon 32 $243,500 0.6% 1.8%
Laconia 33 $187,000 0.6% 3.5%
Portsmouth 34 $397,400 0.6% 6.5%
Derry 35 $217,300 0.0% 3.7%
Keene 36 $187,900 -0.2% 3.4%
Rochester 37 $167,400 1.5% 0.4%
Dover 38 $249,600 1.3% 3.8%
Concord 39 $218,600 0.8% 2.8%
Nashua 40 $257,700 1.1% 3.8%
Manchester 41 $217,100 1.0% 2.9%

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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