Manchester-Nashua, New Hampshire, has been recognized as the top housing market in the United States for Summer 2025, according to a recent report from the Wall Street Journal and Realtor.com. This designation highlights the area’s growing appeal among homebuyers, with a metro population of approximately 430,462 and a notably low unemployment rate of 2.6%. With a median home listing price of $599,900 as of June 2025, the region is attracting significant attention from both in-state and out-of-state buyers.
The ranking from these reputable sources identifies markets that potential buyers should consider, whether for personal residence or as rental investments. The recognition of Manchester-Nashua is particularly significant, given that the analysis encompassed the largest 200 metropolitan areas across the country. Springfield, Massachusetts, also made the list, earning third place with a median home listing price of $373,450 and a metro population of 464,151.
Factors contributing to the appeal of Manchester-Nashua include the area’s robust economy and relatively high median household income, which stands at about $97,000 according to the 2023 U.S. Census Bureau statistics. The average salary needed to afford a median-priced home in the region is estimated to be around $114,000. Despite this, many prospective buyers find themselves unable to purchase due to the financial demands, leading to increased rental activity.
The influx of wealthier individuals from nearby states, particularly Massachusetts, illustrates a trend known as “cross-market housing demand.” As they seek more affordable housing options, these buyers often meet the income criteria necessary to purchase homes in Manchester or Nashua. Nonetheless, the housing inventory remains tight, leaving many hopeful buyers in a challenging position.
Weather Patterns and Housing Demand
In addition to the housing market dynamics, New Hampshire’s weather patterns may also influence potential buyers. The state is known for its extreme weather, including both heat waves and cold winters. According to NH Climatologist Mary Stampone, New Hampshire experiences a convergence of air from various regions—cool air from the northwestern Atlantic, warmer air from the south, and drier air from the west. This results in high variability in weather, both daily and yearly.
Stampone further noted that climate change is contributing to an overall increase in temperatures and precipitation in the region. As she explained in an interview with NH Public Radio, “Climate change is making New Hampshire warmer and wetter.” Consequently, those who are not accustomed to the state’s heat may find themselves facing challenges, particularly as models predict that the Northeast will experience the greatest increases in heat exposure in the coming decades.
While the allure of New Hampshire’s picturesque landscapes and vibrant communities remains strong, prospective buyers must weigh the realities of extreme weather against their desire for a new home. As the summer season progresses, the housing market in Manchester-Nashua is expected to remain competitive, with many buyers eager to secure their place in this newly crowned hottest market.
As the temperatures rise and the housing market heats up, Manchester-Nashua stands ready to welcome new residents. The promise of a rich community, coupled with economic opportunities, continues to draw attention to this rapidly evolving region.