Grafton County, New Hampshire Housing Market

In Grafton County, New Hampshire, the median home value is $344,500, with a median monthly rent of $1,301. This places Grafton County at #445 nationally out of 3134 counties by median home value, and #7 within New Hampshire.

Median Home Value $344,500
Median Rent $1,301/mo
Owner Occupancy 71.3%
Price/Rent Ratio 22.1

📈 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 Grafton County rose +6.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

48,365
jobs (private sector)
  • Avg weekly wage: $1,537
  • Establishments: 3,114
  • BLS QCEW, 2025
🏗️

Housing Supply

408
new units authorized (2025)
  • Single-family: 277
  • Multi-family: 131
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2993
net migration (filers, 2021-2022)
  • Inflow: 41,015 (avg $128,739)
  • Outflow: 38,022 (avg $129,202)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in Grafton County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 03264 381.3 +4.80% 2025
2 03748 322.2 +5.74% 2025
3 03766 364.6 +9.97% 2025
4 03561 343.9 +19.09% 2025
5 03222 348.3 +5.53% 2025
6 03784 345.5 +8.19% 2025
7 03755 390.5 +6.48% 2025
8 03768 292.0 -4.72% 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 Grafton County Compares

MetricGrafton CountyNew Hampshire AverageU.S. Average
Median Home Value $344,500 $349,500 $227,706
Median Gross Rent $1,301 $1,318 $968
Owner Occupancy Rate 71.3% 74.3% 73.3%
Price/Rent Ratio 22.1 22.0 18.7

Market Analysis

The median home value in Grafton County is 1.4% below the New Hampshire state average and 51.3% above the U.S. national average. The median rent of $1,301/month is 1.3% below the state average.

With a price-to-rent ratio of 22.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Grafton County has an owner-occupancy rate of 71.3%, 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
Washington County Wisconsin $344,800 $1,153
Union County Ohio $344,900 $1,247
Jackson County Georgia $345,000 $1,126
Burnet County Texas $344,000 $1,319
Platte County Missouri $345,100 $1,334

Other Counties in New Hampshire

CountyMedian Home ValueMedian RentOwner Occ.
Strafford County $362,800 $1,488 67.1%
Merrimack County $367,600 $1,360 73.5%
Belknap County $374,900 $1,167 80.1%
Carroll County $388,900 $1,195 83.4%
Cheshire County $280,100 $1,276 72.7%

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).