Cheshire County, New Hampshire Housing Market

In Cheshire County, New Hampshire, the median home value is $280,100, with a median monthly rent of $1,276. This places Cheshire County at #728 nationally out of 3134 counties by median home value, and #8 within New Hampshire.

Median Home Value $280,100
Median Rent $1,276/mo
Owner Occupancy 72.7%
Price/Rent Ratio 18.3

📈 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 Cheshire County rose +4.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

26,289
jobs (private sector)
  • Avg weekly wage: $1,206
  • Establishments: 2,083
  • BLS QCEW, 2025
🏗️

Housing Supply

167
new units authorized (2025)
  • Single-family: 147
  • Multi-family: 20
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2199
net migration (filers, 2021-2022)
  • Inflow: 34,539 (avg $88,281)
  • Outflow: 32,340 (avg $87,350)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Cheshire County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 03462 254.6 — 2025
2 03467 257.2 +5.40% 2025
3 03455 285.5 — 2025
4 03451 289.2 +7.02% 2025
5 03452 323.9 +1.67% 2025
6 03461 304.3 +5.47% 2025
7 03458 292.4 +9.55% 2025
8 03431 288.0 +5.08% 2025
9 03470 287.5 +7.55% 2025
10 03446 299.6 +6.90% 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 Cheshire County Compares

MetricCheshire CountyNew Hampshire AverageU.S. Average
Median Home Value $280,100 $349,500 $227,706
Median Gross Rent $1,276 $1,318 $968
Owner Occupancy Rate 72.7% 74.3% 73.3%
Price/Rent Ratio 18.3 22.0 18.7

Market Analysis

The median home value in Cheshire County is 19.9% below the New Hampshire state average and 23.0% above the U.S. national average. The median rent of $1,276/month is 3.2% below the state average.

With a price-to-rent ratio of 18.3, the buy-vs-rent decision in Cheshire County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Cheshire County has an owner-occupancy rate of 72.7%, compared to 74.3% in New Hampshire and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Montgomery County Tennessee $280,200 $1,308
Bennington County Vermont $279,900 $1,109
Klamath County Oregon $280,400 $991
Marshall County Tennessee $279,800 $946
Ascension Parish Louisiana $279,600 $1,318

Other Counties in New Hampshire

CountyMedian Home ValueMedian RentOwner Occ.
Sullivan County $268,700 $1,211 75.4%
Grafton County $344,500 $1,301 71.3%
Strafford County $362,800 $1,488 67.1%
Merrimack County $367,600 $1,360 73.5%
Coos County $188,900 $876 74.2%

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).