Belknap County, New Hampshire Housing Market
In Belknap County, New Hampshire, the median home value is $374,900, with a median monthly rent of $1,167. This places Belknap County at #352 nationally out of 3134 counties by median home value, and #4 within New Hampshire.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,099
- Establishments: 2,073
- BLS QCEW, 2025
Housing Supply
- Single-family: 332
- Multi-family: 91
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 30,733 (avg $107,127)
- Outflow: 28,954 (avg $101,676)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 8 active ZIP codes in Belknap County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 03254 | 387.9 | +3.23% | 2025 |
| 2 | 03220 | 344.7 | +7.66% | 2025 |
| 3 | 03225 | 389.5 | +18.74% | 2025 |
| 4 | 03269 | 349.2 | +7.91% | 2025 |
| 5 | 03246 | 338.0 | +0.45% | 2025 |
| 6 | 03276 | 338.0 | +3.74% | 2025 |
| 7 | 03249 | 343.5 | -1.61% | 2025 |
| 8 | 03253 | 378.9 | +4.02% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Belknap County Compares
| Metric | Belknap County | New Hampshire Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $374,900 | $349,500 | $227,706 |
| Median Gross Rent | $1,167 | $1,318 | $968 |
| Owner Occupancy Rate | 80.1% | 74.3% | 73.3% |
| Price/Rent Ratio | 26.8 | 22.0 | 18.7 |
Market Analysis
The median home value in Belknap County is 7.3% above the New Hampshire state average and 64.6% above the U.S. national average. The median rent of $1,167/month is 11.5% below the state average.
With a price-to-rent ratio of 26.8, Belknap County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Belknap County has an owner-occupancy rate of 80.1%, compared to 74.3% in New Hampshire and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Worcester County | Maryland | $374,700 | $1,159 |
| Fort Bend County | Texas | $374,500 | $1,807 |
| Jefferson County | Oregon | $374,200 | $941 |
| Washtenaw County | Michigan | $374,100 | $1,463 |
| Parker County | Texas | $375,900 | $1,500 |
Other Counties in New Hampshire
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Merrimack County | $367,600 | $1,360 | 73.5% |
| Strafford County | $362,800 | $1,488 | 67.1% |
| Carroll County | $388,900 | $1,195 | 83.4% |
| Grafton County | $344,500 | $1,301 | 71.3% |
| Hillsborough County | $421,100 | $1,623 | 67.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).