Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
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.
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.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
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Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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