The story of this market
The typical home in ZIP 03104 sells for about $495,000, or $428 per square foot.
Prices are roughly flat from a year ago (+0.9%), a market in balance. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,561 a month.
ZIP 03104 — Manchester
The 03104 housing market remains highly competitive with low inventory and steady demand, keeping prices elevated. While year-over-year growth has moderated, the area's strong employment base and limited supply continue to support a seller's market.
This ZIP is well-suited for family buyers seeking established neighborhoods and commuters who value proximity to Manchester's employment core. It also attracts long-term investors due to the consistent demand for rental housing in the area.
Median prices moved up 0.9% year over year.
Homes spend a median of 24 days on market with 2.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 10.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 03104, Hillsborough County NH
Crime rates in the 03104 area are generally lower than the Manchester city average, with property crime being the primary concern. Regional comparisons indicate the area remains a stable residential pocket within the larger urban core.
Schools serving 03104 are part of the Manchester School District, which offers a mix of public options; performance varies by specific school, with several neighborhood elementary schools receiving moderate ratings.
The area faces standard New England climate risks, including winter storm exposure and potential for localized flooding near the Merrimack River basin. Insurance premiums are influenced by regional wildfire and wind risk assessments.
Economic momentum is driven by the broader Manchester employment hub, featuring a mix of healthcare, education, and professional services. Infrastructure development remains focused on maintaining the city's historic urban fabric while supporting modest infill growth.
Property taxes are assessed at the municipal level by the City of Manchester, with rates determined by the annual budget and local school district requirements. New Hampshire does not impose a general sales tax or state-level income tax on wages.
Residents of 03104 benefit from proximity to I-93 and I-293, providing efficient access to downtown Manchester and regional employment centers. Public transit options are limited, making personal vehicle use the primary mode of commuting.
The ZIP features access to local parks such as Derryfield Park and proximity to the Merrimack River trail system. Shopping and dining amenities are concentrated along the Elm Street corridor and nearby commercial districts.
The rental market is characterized by high demand and low vacancy rates, driven by the city's status as a regional employment hub. Investors maintain a steady presence, though short-term rental regulations are strictly monitored by the city.
The economy is anchored by healthcare (Elliot Health System), education (Southern New Hampshire University), and a growing professional services sector. The area benefits from a diverse industry mix that provides regional economic stability.
The area is served by major highway corridors including I-93 and I-293, facilitating regional travel. Public transportation is provided by the Manchester Transit Authority, primarily serving the downtown and surrounding urban areas.
Development is focused on urban infill and the revitalization of historic properties within the city limits. Major projects are primarily concentrated in the downtown core and along the riverfront.
Parcels are subject to municipal property taxes and the Manchester School District levy. No significant MUD or PID districts are currently active in this established urban ZIP.
Property insurance remains stable, though premiums are sensitive to regional weather patterns and the age of housing stock. Market health is considered robust with standard coverage availability.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Canobie Lake Park4.518 mi
- Nova Trampoline Park4.317.8 mi
- Mel's Funway Park4.28.9 mi
- Dave & Buster's Manchester4.23.8 mi
- Spooky World Presents Nightmare New England48.8 mi
- Canobie Lake Park4.518 mi
- SNHU Arena4.41.7 mi
- Deerfield Fair4.511.8 mi
- Gate City Casino4.318.9 mi
- McIntyre Ski Area4.50.3 mi
- Apple Cinemas Hooksett IMAX4.22.3 mi
- Bear Brook State Park4.68.6 mi
- McIntyre Ski Area4.50.3 mi
- Revo Casino and Social House4.33.5 mi
- Chunky's Cinema Pub4.14.1 mi
- Currier Museum of Art4.70.9 mi
- McAuliffe-Shepard Discovery Center4.415.5 mi
- America's Stonehenge4.416.7 mi
- SEE Science Center4.51.7 mi
- Aviation Museum of New Hampshire4.75.7 mi
- Bear Brook State Park4.68.6 mi
- Massabesic Lake4.72.9 mi
- Livingston Park4.60.5 mi
- Clough State Park4.612.2 mi
- Derryfield Park4.60.9 mi
- Riverside Outboards llc4.94.9 mi
- Pembroke Pines Country Club4.210.7 mi
- Derryfield Country Club4.31.3 mi
- Candia Woods Golf Links4.47.1 mi
- Passaconaway Country Club4.410 mi
- Hidden Valley RV & Golf Park4.212.2 mi
- Merrimack Premium Outlets4.512.9 mi
- The Mall of New Hampshire4.23.8 mi
- Sierra4.53.8 mi
- Mack's Apples4.711.1 mi
- T.J. Maxx4.33.3 mi
- Manchester-Boston Regional Airport4.65.5 mi
- Royal Airport Car Service ®4.98 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large municipal park offering sports fields and scenic views.
Extensive walking and biking path along the river.
Primary commercial and entertainment hub of Manchester.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 28.3% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: confirmed genuine market swing — the flagged $495,000 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.