New Hampshire housing costs at a glance
| New Hampshire | |
|---|---|
| Median home value (Zillow) | $521,000 |
| Average effective property tax | 1.35% |
| Typical rate for a new buyer (calculator default) | 1.6% |
| Average homeowners insurance ($300k dwelling) | $1,188 a year |
| 2026 conforming loan limit (one unit) | $832,750 |
Example: median-priced home
New Hampshire home for $521,000, 20% down, 6.5% 30-year fixed: principal and interest $2,634 + property tax $695 + insurance $99 = about $3,428 a month. Enter your own rate quote and the actual tax rate of the property for a precise figure.
New Hampshire property tax
New Hampshire has no income tax on wages and no sales tax, so towns and schools rely on property tax: about 1.35% of home value on average, among the highest in the US. Each town has its own rate per $1,000 of assessed value, including a statewide education tax, and towns reassess at least every five years. Compare the equalized rates of the towns you are considering.
Other New Hampshire costs
- Real estate transfer tax: $0.75 per $100 of the price (0.75%) from the buyer and 0.75% from the seller, 1.5% in total.
- Insurance: about $1,190 a year, one of the cheapest in the country.
- See also the New Hampshire paycheck calculator.
Other states
See also the New Hampshire paycheck calculator and mortgage costs in other states.
Frequently asked questions
What is the property tax rate in New Hampshire?
About 1.35% of home value on average; town rates differ widely.
What is the monthly payment on a median-priced New Hampshire home?
On a $521,000 home with 20% down at 6.5%, principal and interest are about $2,634; with property tax at 1.6% and average insurance the total is about $3,428 a month.
Who pays the transfer tax in New Hampshire?
Both: the buyer and the seller each pay 0.75% of the price.
Why are New Hampshire property taxes so high?
The state has no wage income tax and no sales tax, so towns and schools are funded mainly by property tax.
For information only; not a loan offer. Property tax, insurance and closing costs depend on the specific property and lender.
Sources
- New Hampshire Department of Revenue Administration
- FHFA – 2026 conforming loan limits
- U.S. Census Bureau ACS 2024 – real estate taxes (via NAHB / Construction Coverage)
- Zillow Home Value Index
- Insurify – home insurance by state
Rules checked: October 2026