What is the Property Tax Rate in New Hampshire?
Based on HomeLight’s analysis of publicly available data, the average effective property tax rate for a primary residence in New Hampshire is approximately 1.89% of its estimated value. This is higher than the national average of 0.90%.
For example, with a 1.89% effective tax rate, a homeowner with a $565,000 home might pay around $10,678 in annual property taxes.
An effective property tax rate represents the actual percentage of a property’s market value that a homeowner pays in taxes, considering the assessed value and any exemptions or deductions.
Note: HomeLight’s New Hampshire property tax calculator provides a ballpark estimate for a primary residence using average rates. Your tax can vary based on location and the specific taxing districts (e.g., schools, fire districts, and libraries) that apply to your parcel. For a precise number, contact the NH Department of Revenue Administration.
Step One: Consult with a Trusted Buyer's Agent
Tell us a little bit about your plans (where you’re looking to buy and when you want to make a purchase), and we’ll connect you with top-rated buyer’s agents in your area. It takes only a few minutes, and it’s free.
Are There Property Tax Exemptions in New Hampshire?
Homeowners in New Hampshire may qualify for several property tax exemptions that can lower their tax bill. These are offered through the NH Department of Revenue Administration. Common exemptions include:
- Elderly exemption: Must be at least 65 by April 1 of the tax year, a New Hampshire resident for over three consecutive years, and occupy the property as a primary residence. Possible to earn $125,000 to $187,000 off the property’s assessed value.
- Disabled exemption: Totally and permanently disabled, New Hampshire residency of over five years, and owner-occupier. A $125,000 to $187,000 exemption from the property’s assessed value is possible.
- Blind exemption: Legally blind as certified by state authorities. Minimum of $15,000 off assessment possible.
When Are New Hampshire Property Taxes Due?
Property taxes in New Hampshire are billed biannually and can be paid in two installments:
- July 1: First installment
- October: Second installment
What Do Property Taxes Pay For in New Hampshire?
Local property taxes in New Hampshire pay for important local services, including:
- Public schools
- Police, fire, and EMS services
- Roads, streets, and traffic signals
- Parks, libraries, and community centers
- City and county government operations
- Infrastructure like water, sewer, and trash services
- Repayment of local bond projects (such as transit and school improvements)
Yes, You Can Buy Before You Sell. Why Move Twice?
Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.
What Does It Cost to Buy a Home in New Hampshire?
How Much House Can You Afford?
Affordability in New Hampshire depends on your income, debt, credit score, and mortgage rate. With a median household income of around $98,780 in the Granite State, a buyer might afford a home in the $275,000–$375,000 range using standard debt-to-income guidelines. However, with the New Hampshire median home price exceeding $565,000, many buyers need dual incomes or additional savings to qualify.
Use HomeLight’s Home Affordability Calculator to estimate your budget based on your income, debts, and current rates.
What Down Payment Will You Need in New Hampshire?
According to Nerdwallet, the average down payment on a house in New Hampshire is 19%. However, down payment amounts vary widely depending on loan type and credit score. While 20% used to be the expected standard, many buyers put down between 5% and 15%, with 3% options available for FHA and some conventional first-time buyer loans.
For a $565,000 home, here’s what your down payment could look like:
- 3% down = $16,950
- 5% down = $28,250
- 10% down = $56,500
- 15% down = $84,750
- 20% down = $113,000
Try HomeLight’s Down Payment Calculator to see how different down payments affect your monthly payment and loan size.
How Much Are Closing Costs in New Hampshire?
Buyers in New Hampshire can expect to pay about 2% to 5% of the purchase price in closing costs. These may include:
- Loan origination and underwriting fees
- Title insurance and escrow fees
- Appraisal and inspection costs
- Prepaid property taxes and homeowners’ insurance
- Filing and recording fees
For a $565,000 home, that means estimated closing costs of $11,300 to $28,250. Use HomeLight’s Closing Costs Calculator to get a personalized estimate based on your expected New Hampshire home purchase price.
How To Find a Trusted New Hampshire Real Estate Agent
An experienced New Hampshire agent can help you understand local tax rates, school districts, and development trends — and guide you toward neighborhoods that fit your lifestyle and budget.
HomeLight’s free Agent Match tool uses data from over 27 million transactions and thousands of verified reviews to match you with top New Hampshire agents based on proven performance. Tell us a little about your buying plans and get matched today with no obligation.
Additional resources when searching for a trusted buyer’s agent in New Hampshire:
Buying and Selling? Consider “Buy Before You Sell”
If you’re buying a new home in New Hampshire but need to sell your current property first, HomeLight’s Buy Before You Sell program can simplify the entire process. This modern solution helps you unlock equity from your current home so you can make a non-contingent offer on your new home — and only move once. Watch the short video below to see how it works.