Carroll County, New Hampshire Housing Market

In Carroll County, New Hampshire, the median home value is $388,900, with a median monthly rent of $1,195. This places Carroll County at #319 nationally out of 3134 counties by median home value, and #3 within New Hampshire.

Median Home Value $388,900
Median Rent $1,195/mo
Owner Occupancy 83.4%
Price/Rent Ratio 27.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Carroll County rose +2.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

17,185
jobs (private sector)
  • Avg weekly wage: $1,018
  • Establishments: 1,969
  • BLS QCEW, 2025
🏗️

Housing Supply

505
new units authorized (2025)
  • Single-family: 345
  • Multi-family: 160
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1920
net migration (filers, 2021-2022)
  • Inflow: 24,767 (avg $119,643)
  • Outflow: 22,847 (avg $114,266)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 6 active ZIP codes in Carroll County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 03872 343.7 +5.11% 2025
2 03830 378.6 +9.65% 2025
3 03894 328.6 -1.36% 2025
4 03818 397.3 +3.05% 2025
5 03860 381.8 +2.40% 2025
6 03849 400.1 +4.05% 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.

How Carroll County Compares

MetricCarroll CountyNew Hampshire AverageU.S. Average
Median Home Value $388,900 $349,500 $227,706
Median Gross Rent $1,195 $1,318 $968
Owner Occupancy Rate 83.4% 74.3% 73.3%
Price/Rent Ratio 27.1 22.0 18.7

Market Analysis

The median home value in Carroll County is 11.3% above the New Hampshire state average and 70.8% above the U.S. national average. The median rent of $1,195/month is 9.3% below the state average.

With a price-to-rent ratio of 27.1, Carroll 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.

Carroll County has an owner-occupancy rate of 83.4%, 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

CountyStateMedian Home ValueMedian Rent
Fresno County California $388,800 $1,392
Montrose County Colorado $388,400 $1,188
Durham County North Carolina $389,400 $1,508
Mariposa County California $387,900 $1,305
Orange County New York $387,900 $1,680

Other Counties in New Hampshire

CountyMedian Home ValueMedian RentOwner Occ.
Belknap County $374,900 $1,167 80.1%
Merrimack County $367,600 $1,360 73.5%
Strafford County $362,800 $1,488 67.1%
Hillsborough County $421,100 $1,623 67.4%
Grafton County $344,500 $1,301 71.3%

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).