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What $1 Million Buys in Six New Hampshire Towns

A million dollars in New Hampshire is roughly four median homes in Coös County, two median homes in Nashua, or about 43% of a median Lake Winnipesaukee waterfront property. The same budget reaches completely different places depending on where you point it, and the spread is wider than most people expect within one small state.

Median prices to anchor against

  • Coös County: around $240,000 in March 2026.
  • Concord: around $415,000 in 2026.
  • Hooksett: around $440,000 in late 2025.
  • Nashua: between roughly $490,000 and $543,000 depending on the source.
  • Portsmouth: around $830,000, with a typical home value reported at $804,373 in May 2026.
  • Lake Winnipesaukee waterfront: $2.3 million median in the first half of 2026.

The comparison

In Coös County, a million dollars is roughly four times the median sale price. It reaches essentially anything available in the market, and the constraint stops being budget and becomes inventory. The county recorded 27 sales in March 2026 across fifteen municipalities, so the practical question is whether a suitable property exists at all rather than whether you can afford it.

In Concord, at a roughly $415,000 median, a million is more than double the middle of the market. It buys at the top of the local range. Worth pairing with the tax note: Concord's 2025 total rate was $29.11 per $1,000, so a home assessed near a million carries an annual bill in the high twenty thousands.

In Hooksett, at around $440,000, similar arithmetic with a substantially lower rate. Hooksett's median annual bill has run around $7,328 at an effective rate near 1.7% of market value.

In Nashua, at $490,000 to $543,000 depending on the source, a million is roughly double the median and buys well above the typical transaction in the state's second-largest city.

In Portsmouth, at around $830,000, a million is only modestly above the median. It buys a normal Portsmouth house rather than an exceptional one. The city's composite tax rate was reported near 1.15% of market value for 2025.

On Lake Winnipesaukee waterfront, at a $2.3 million median, a million does not reach the median at all. It reaches the lower end of the waterfront market, or comfortably into water access property, which is a different product entirely.

What the spread actually shows

Three things worth taking away.

Location moves value more than anything you can build. The difference between Coös and Winnipesaukee waterfront on the same budget is roughly a factor of ten, and no amount of finish work closes a gap like that.

Tax rate is a separate variable from price. Compiled 2025 rates across New Hampshire municipalities ranged from roughly $2.62 to $36.54 per $1,000. A million-dollar house in a high-rate town and a million-dollar house in a low-rate town have very different annual costs, and the rate does not track the price.

Median comparisons only go so far. Every figure above is a middle number across a mixed set of properties. What a specific million-dollar house looks like in Nashua depends on the neighborhood, the age, the lot, and the condition, and a town median tells you none of that.

Want to know what a specific budget reaches in a specific town? I'll pull actual closed sales in your range. Two business days, no obligation.

Why do the source figures disagree?

They measure different things, and it's worth knowing before you rely on any of them.

Nashua is the clearest case. One tracker reported a $543,000 median sale price for the three months ending July 2026, up 5.4% year over year. Another put the median at $490,000, roughly flat. Both were published in 2026 about the same city.

The differences come from time windows, whether a figure measures closed sales or list prices, whether it's a median or an average, and what mix of property types it covers. A quarter weighted toward condominiums produces a different median than one weighted toward single-family homes without either market having moved.

Bedford shows the same pattern more dramatically, with 2026 figures ranging from $738,000 to $937,000 depending on the source.

None of these sources is wrong. They're answering slightly different questions. For orientation they're useful. For pricing a specific house they're not a substitute for the actual closed sales nearby.

Does a million dollars go further outside the southern tier?

Substantially, and the trade-off is worth stating plainly.

Northern and western New Hampshire offer far more house for the money, and they come with longer market times, thinner services, and greater distance from Boston-area employment. Coös County homes averaged 104 days on market in March 2026, against roughly 13 to 36 days in Nashua.

Whether that trade works depends on what the property is for. For a primary residence tied to southern New Hampshire employment, the math generally doesn't. For a second home, a recreational property, or a remote-work situation, it can look very different.

Frequently asked questions

What can you buy for $1 million in New Hampshire?

It depends entirely on the market. A million is roughly four times the Coös County median of about $240,000, roughly double Nashua's median, modestly above Portsmouth's roughly $830,000, and below the $2.3 million median for Lake Winnipesaukee waterfront.

What is the most expensive place to buy in New Hampshire?

Lake Winnipesaukee waterfront, at a $2.3 million median in the first half of 2026. Among counties, Rockingham led at a $660,000 median in Q1 2026.

Why do New Hampshire home price figures differ between sources?

Different time windows, different measures of sale price versus list price, medians versus averages, and different property mixes. Nashua's 2026 median has been reported anywhere from $490,000 to $543,000 depending on the source.

Does a more expensive house mean higher property taxes in New Hampshire?

Not proportionally. Rates vary independently of price and ranged from roughly $2.62 to $36.54 per $1,000 across municipalities in 2025. A less expensive house in a high-rate town can carry a larger annual bill than a more expensive one elsewhere.

Does a budget go further in northern New Hampshire?

Yes, substantially. The trade-offs are longer market times, averaging 104 days in Coös County in March 2026, thinner services, and greater distance from southern New Hampshire employment.

Sources

  1. New Hampshire Association of Realtors, Q1 2026 market data. Available at nhar.org
  2. Redfin, market data for New Hampshire towns and counties. Available at redfin.com
  3. Houzeo, Nashua, NH Housing Market 2026. Available at houzeo.com
  4. Lakes Region real estate market update 2026, Laconia Daily Sun, July 2026. Available at laconiadailysun.com
  5. Joe Shimkus, 2025 New Hampshire Property Tax Rates by Town. Available at joeshimkus.com
  6. MyTownView, Portsmouth, New Hampshire Property Taxes 2026. Available at mytownview.com

See what your actual budget reaches

Tell me your number and the towns you're considering, and I'll pull the closed sales in that range so you can see what it genuinely buys rather than what a median suggests. If the budget doesn't reach what you're picturing, I'll tell you that too.

Two business days. No obligation.

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About this information

Figures come from the sources listed above as of the dates shown, and several are from third-party aggregators whose methods differ. Market data, municipal tax rates, and assessments change and this page may not reflect the most recent position. Information is deemed reliable but is not guaranteed.

Nothing here is legal, tax, financial, or investment advice, and none of it is an appraisal. Verify anything you intend to act on with the relevant town office and with your own attorney, CPA, lender, or licensed appraiser as the situation calls for.

I don't characterize neighborhoods, school quality, or who a community suits. New Hampshire school performance data is published by the NH Department of Education, and buyers weighing schools should work from that and their own visits. All properties are offered on an equal opportunity basis.

Hassan Essa, New Hampshire REALTOR®

Hassan Essa

REALTOR® · Broad Sound Real Estate, LLC · GMNBR

I work with buyers, sellers, and rental investors across New Hampshire, and I write these guides from the same research I hand clients. If something here raises a question about your own address, send it over.

@hassanessarealty

Hassan Essa | Broad Sound Real Estate, LLC | Equal Housing Opportunity

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