Laconia Daily Sun: New Hampshire’s Median Home Price Has Increased 114% in Just 10 Years, 2nd Largest Spike in U.S.

May 27, 2026

MANCHESTER, N.H. — In case you missed it, the Laconia Daily Sun highlighted skyhigh Granite State home prices putting the American dream out of reach for too many working families. An analysis by Construction Coverage shows that New Hampshire’s median home prices have increased 114% in just 10 years — the second highest increase of any state in the country. Chris Pappas is fighting to bring homeownership back within reach for working Granite Staters.

Earlier this month, Congressman Chris Pappas’s campaign for U.S. Senate launched the fifth plank of its Tax Cuts and Lower Costs Blueprint to tackle the Republicans’ affordability crisis and address the rising cost of housing. Pappas is working to make homeownership a reality by cutting red tape for communities to build more homes, providing tax cuts to help first-time home buyers, and supporting the financing and development of affordable housing.

While John Sununu backs President Trump’s costly tariff policies and war of choice in Iran that are making building more expensive and driving up costs on basic necessities from gas to groceries, Pappas is fighting to put New Hampshire first.

By Staff, 5/22/26

While the U.S. real estate market appears to finally be cooling down, home price growth has been a defining economic trend in recent years. Over the past decade, U.S. home values grew by more than 81%, compared to average hourly earnings which saw a modest 47% increase. Consequently, housing affordability has taken a hit […]

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The most substantial increases in home prices have been concentrated in Mountain West states and select states in New England. Since 2016, Idaho and New Hampshire have witnessed the most significant growth, with median home prices increasing by 137.0% and 114.0%, respectively.

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Despite recent declines in sale prices, homebuyers still haven’t experienced much in the way of financial relief. Persistent inflation continues to erode purchasing power and drive up home prices; concurrently, mortgage rates above 6% have kept monthly mortgage payments near record highs.

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