New Hampshire Housing Market Report — February 2026

February was a slow month for New Hampshire home sales, and about the least alarming slow month you could ask for.

542 single-family homes closed in New Hampshire in February 2026, down 12.6% from 620 a year earlier. Dollar volume fell 12.2%. And yet the median price rose 2.4% to $525,000, and pending sales — the leading indicator of what closes next — rose 11.2%.

The drop was in what finished, not in what started.

The short version

• Median single-family price: $525,000, up 2.4% year over year
• Closed sales: 542, down 12.6%
• Pending sales: 744, up 11.2% — the number that matters for spring
• Days on market: 46, up from 44
• Condos outperformed houses: median $405,000, up 6.6%, on sales up 10.6%

What happened statewide

Closed sales measure contracts signed roughly 30 to 60 days earlier — in this case, largely December and early January. Pending sales measure contracts signed during February itself. When those two diverge as sharply as they did this month, the pending number is the better read on where the market actually is.

Single-family pending sales rose 11.2% to 744. Condo pendings rose 20.6% to 299. Both point to a March and April with more closings than 2025 produced, and both landed while inventory was still building: single-family homes for sale rose 7.4% year over year, while condo inventory fell 2.9%.

Condominiums had an unusually strong month across the board. Closed condo sales rose 10.6% to 251, the median price rose 6.6% to $405,000, and dollar volume rose 18.4%. Condo days on market rose to 47, up 17.5%.

Year to date through February, New Hampshire had recorded 1,216 single-family closings, down 4.9% from the same point in 2025, at a median of $530,000, up 3.9%.

Southern New Hampshire, county by county

Rockingham County posted 116 single-family closings, up 5.5% — one of the few counties to grow in a down month. The median price fell 6.1% to $620,000, and volume slipped 1.3% to $83.3 million. Pending sales rose 11.0%. Rockingham condos surged: 83 closings, up 27.7%, with volume up 39.8% and pending condo sales up 44.1%. The condo median fell 7.2% to $485,000, which alongside a sharp rise in sales count suggests more activity in the middle of the market rather than a broad decline in value.

Hillsborough County recorded 141 single-family closings, down 5.4%, at a median of $540,000, down 4.4%. Homes took 28 days to go under agreement, up from 24. The forward-looking number was much stronger: pending sales rose 21.3% to 182. Hillsborough condo pendings rose 61.4%.

Strafford County saw 52 single-family closings, down 8.8%, but at a median of $500,000 — up 8.2% year over year, the strongest price gain among the southern counties. Volume actually rose 4.9% despite fewer sales. Pending sales rose 38.5%, the largest jump in the state. Strafford condo sales nearly doubled, up 90.9% to 21 closings, though from a small base.

Merrimack County logged 71 single-family closings, down 4.1%, at a median of $490,000, essentially flat at down 0.3%. Days on market improved to 36 from 38. Merrimack was the southern county where condos weakened most: 16 closings, down 27.3%, at a median of $315,000, down 10.2%.

Explore these markets: Rockingham County — Portsmouth, Exeter, Hampton, Rye, Stratham · Hillsborough County — Manchester, Nashua, Bedford, Amherst, Hollis · Strafford County — Dover, Rochester, Durham, Somersworth, Barrington · Merrimack County — Concord, Bow, Hooksett, Hopkinton, Pembroke

See every active listing across the state on the New Hampshire market hub.

What this means if you're buying

February is the month with the least competition and the least to choose from, and 2026 was no exception. But the pending-sales figures tell you what you were up against by the end of the month: 11.2% more houses and 20.6% more condos went under agreement than in February 2025. If you were shopping in February and it felt busier than the sales headlines suggested, that is why.

Strafford County is worth a look for anyone priced out of Rockingham. A $500,000 median in Dover and Rochester against $620,000 in Rockingham is a real gap, and Strafford's 38.5% jump in pending sales suggests other buyers were reaching the same conclusion.

What this means if you're selling

The headline sales decline should not worry you much; the pending numbers were strong and February closings reflect December decisions. What should shape your pricing is that days on market rose statewide to 46, and that inventory was up 7.4% year over year.

Sellers received 99.4% of list price statewide in February — up from 99.1% a year earlier, which is a healthier signal than the closed-sales headline implies.

If you own a condo, February was a good month to have been on the market: prices up 6.6%, sales up 10.6%, volume up 18.4%, and inventory down 2.9%. Condo supply tightening while house supply loosens is an unusual split, and it favored condo sellers.

More market reports

January 2026 · March 2026 · Q1 2026 recap · Midyear 2026 review

About this data

Figures are from the New Hampshire REALTORS® Monthly Indicators report for February 2026, published March 5, 2026, drawn from New Hampshire REALTORS®, Inc. and PrimeMLS, Inc. data. Percent changes are calculated on rounded figures. "Days on Market" measures the average number of days between listing and accepted offer. "Median sales price" is the point at which half of sales were higher and half lower, and does not account for seller concessions.

MLS counts are revised as late-reported closings are entered, so figures for a given month may increase slightly in later reports. The numbers above reflect the February 2026 report as published.

National context in this report comes from the National Association of REALTORS®, which reported U.S. existing-home sales falling 8.4% to a seasonally adjusted annual rate of 3.91 million units, 4.4% below a year earlier, with declines in all four regions. The national median existing-home price rose 0.9% year over year to $396,800, a record for the month, with 1.22 million homes for sale nationally — a 3.7-month supply.