Rockingham County, New Hampshire Housing Market

In Rockingham County, New Hampshire, the median home value is $497,500, with a median monthly rent of $1,687. This places Rockingham County at #139 nationally out of 3134 counties by median home value, and #1 within New Hampshire.

Median Home Value $497,500
Median Rent $1,687/mo
Owner Occupancy 78.4%
Price/Rent Ratio 24.6

📈 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 Rockingham County rose +4.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

142,978
jobs (private sector)
  • Avg weekly wage: $1,481
  • Establishments: 11,445
  • BLS QCEW, 2025
🏗️

Housing Supply

1,876
new units authorized (2025)
  • Single-family: 1,073
  • Multi-family: 803
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4794
net migration (filers, 2021-2022)
  • Inflow: 149,100 (avg $138,565)
  • Outflow: 144,306 (avg $136,913)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 03856 279.7 -5.26% 2025
2 03844 250.9 +15.87% 2025
3 03840 295.3 +7.61% 2025
4 03870 332.0 -0.55% 2025
5 03038 333.8 +9.02% 2025
6 03857 321.7 +12.40% 2025
7 03874 322.6 +15.31% 2025
8 03858 291.2 +7.31% 2025
9 03034 320.2 +5.40% 2025
10 03044 300.1 +2.62% 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 Rockingham County Compares

MetricRockingham CountyNew Hampshire AverageU.S. Average
Median Home Value $497,500 $349,500 $227,706
Median Gross Rent $1,687 $1,318 $968
Owner Occupancy Rate 78.4% 74.3% 73.3%
Price/Rent Ratio 24.6 22.0 18.7

Market Analysis

The median home value in Rockingham County is 42.3% above the New Hampshire state average and 118.5% above the U.S. national average. The median rent of $1,687/month is 28.0% above the state average.

With a price-to-rent ratio of 24.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Rockingham County has an owner-occupancy rate of 78.4%, 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
Kittitas County Washington $497,400 $1,341
Los Alamos County New Mexico $495,800 $1,375
Albemarle County Virginia $495,400 $1,692
Goochland County Virginia $500,600 $1,614
Chelan County Washington $490,100 $1,226

Other Counties in New Hampshire

CountyMedian Home ValueMedian RentOwner Occ.
Hillsborough County $421,100 $1,623 67.4%
Carroll County $388,900 $1,195 83.4%
Belknap County $374,900 $1,167 80.1%
Merrimack County $367,600 $1,360 73.5%
Strafford County $362,800 $1,488 67.1%

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).