How much house does $500,000 buy you in Manchester?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Manchester?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Manchester right now. Listings below $500,000 were included if necessary.
426 Manchester St, Manchester, NH 03103
- Price: $499,900
- 6 bedrooms, 2 bathrooms
- Square feet: 1,750
- See 426 Manchester St, Manchester, NH 03103 on Redfin.com
7 9Th St, Nashua, NH 03060
- Price: $499,000
- 5 bedrooms, 4 bathrooms
- Square feet: 2,077
- See 7 9Th St, Nashua, NH 03060 on Redfin.com
7 Granite St, Peterborough, NH 03458
- Price: $499,000
- 5 bedrooms, 2 bathrooms
- Square feet: 2,959
- See 7 Granite St, Peterborough, NH 03458 on Redfin.com
8 Main St, Bennington, NH 03442
- Price: $489,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,038
- See 8 Main St, Bennington, NH 03442 on Redfin.com
1235 Townsend Rd, Mason, NH 03048
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,650
- See 1235 Townsend Rd, Mason, NH 03048 on Redfin.com
16 Emerson Rd, Nashua, NH 03062
- Price: $499,900
- 4 bedrooms, 1.8 bathrooms
- Square feet: 1,836
- See 16 Emerson Rd, Nashua, NH 03062 on Redfin.com
573 Concord End Rd, Hillsborough, NH 03244
- Price: $490,000
- 4 bedrooms, 1.8 bathrooms
- Square feet: 1,680
- See 573 Concord End Rd, Hillsborough, NH 03244 on Redfin.com
15 Chatham St, Nashua, NH 03063
- Price: $499,999
- 4 bedrooms, 1.5 bathrooms
- Square feet: 1,666
- See 15 Chatham St, Nashua, NH 03063 on Redfin.com
25 Lowell Rd, Hudson, NH 03051
- Price: $499,900
- 4 bedrooms, 1.5 bathrooms
- Square feet: 1,451
- See 25 Lowell Rd, Hudson, NH 03051 on Redfin.com
290 Mammoth Rd, Pelham, NH 03076
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,830
- See 290 Mammoth Rd, Pelham, NH 03076 on Redfin.com
319 Fox Run Rd, Hudson, NH 03051
- Price: $489,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,921
- See 319 Fox Run Rd, Hudson, NH 03051 on Redfin.com
27 Trails Edge Cmns, Peterborough, NH 03458
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,834
- See 27 Trails Edge Cmns, Peterborough, NH 03458 on Redfin.com
42 Pleasant St, Antrim, NH 03440
- Price: $489,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,764
- See 42 Pleasant St, Antrim, NH 03440 on Redfin.com
18 Lund Dr, Hudson, NH 03051
- Price: $489,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,700
- See 18 Lund Dr, Hudson, NH 03051 on Redfin.com
55 Bartons Ridge Rd, Greenville, NH
- Price: $499,900
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,773
- See 55 Bartons Ridge Rd, Greenville, NH on Redfin.com
7 Mustang Dr, Litchfield, NH 03052
- Price: $499,000
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,443
- See 7 Mustang Dr, Litchfield, NH 03052 on Redfin.com
7 Mustang Dr, Litchfield, NH 03052
- Price: $499,000
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,443
- See 7 Mustang Dr, Litchfield, NH 03052 on Redfin.com
3B Mustang Dr, Litchfield, NH 03052
- Price: $499,000
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,437
- See 3B Mustang Dr, Litchfield, NH 03052 on Redfin.com
3 Mustang Dr, Litchfield, NH 03052
- Price: $499,000
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,437
- See 3 Mustang Dr, Litchfield, NH 03052 on Redfin.com
5 Dumaine Ave, Nashua, NH 03063
- Price: $499,900
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,321
- See 5 Dumaine Ave, Nashua, NH 03063 on Redfin.com
5 Dumaine Ave, Nashua, NH 03063
- Price: $499,900
- 3 bedrooms, 2.3 bathrooms
- Square feet: 1,321
- See 5 Dumaine Ave, Nashua, NH 03063 on Redfin.com
30 Blanchard St, Nashua, NH 03060
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,578
- See 30 Blanchard St, Nashua, NH 03060 on Redfin.com
10100 S Willow St, Manchester, NH 03103
- Price: $499,900
- 3 bedrooms, 1.8 bathrooms
- Square feet: 1,195
- See 10100 S Willow St, Manchester, NH 03103 on Redfin.com
177 Naticook Rd, Merrimack, NH 03054
- Price: $494,500
- 3 bedrooms, 1 bathroom
- Square feet: 1,292
- See 177 Naticook Rd, Merrimack, NH 03054 on Redfin.com
49 New Searles Rd, Nashua, NH 03062
- Price: $489,900
- 3 bedrooms, 1 bathroom
- Square feet: 1,080
- See 49 New Searles Rd, Nashua, NH 03062 on Redfin.com
24 Stearns Rd, Amherst, NH 03031
- Price: $499,900
- 3 bedrooms, 0.8 bathrooms
- Square feet: 1,613
- See 24 Stearns Rd, Amherst, NH 03031 on Redfin.com
4 Henry David Dr, Nashua, NH 03062
- Price: $495,000
- 2 bedrooms, 1.8 bathrooms
- Square feet: 1,378
- See 4 Henry David Dr, Nashua, NH 03062 on Redfin.com
27 Amanda Dr, Hudson, NH 03051
- Price: $499,900
- 2 bedrooms, 1.5 bathrooms
- Square feet: 1,256
- See 27 Amanda Dr, Hudson, NH 03051 on Redfin.com
33 Moccasin Trl, Hillsborough, NH 03244
- Price: $489,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,094
- See 33 Moccasin Trl, Hillsborough, NH 03244 on Redfin.com
9 Spruce St, Hudson, NH 03051
- Price: $499,900
- 2 bedrooms, 0.8 bathrooms
- Square feet: 1,140
- See 9 Spruce St, Hudson, NH 03051 on Redfin.com
