The story of this market
The typical home in ZIP 03071 sells for about $615,000, or $320 per square foot.
Prices are up +7.05% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $882 a month.
ZIP 03071 — New Ipswich
The Pelham housing market remains a competitive seller's market characterized by low inventory and steady demand. Prices have seen moderate year-over-year growth, supported by the town's appeal to families and commuters. Market conditions are stable, with homes selling quickly near the asking price.
This area is ideal for families and professionals seeking a suburban lifestyle with easy access to major New Hampshire employment hubs.
Median prices moved up 7.0% year over year.
Homes spend a median of 15 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 102% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 1.4% — 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 6.6%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
Pelham town, Hillsborough County, NH
Pelham maintains a relatively low crime rate compared to the broader Manchester-Nashua metropolitan area, with property crime being the primary concern.
The Pelham School District is generally well-regarded, with schools consistently meeting state performance benchmarks.
The area faces moderate risks from winter storms and occasional flooding in low-lying areas near the Beaver Brook watershed.
Economic momentum is driven by its proximity to the Nashua and Manchester employment hubs, with limited new large-scale commercial development within the town borders.
Property taxes are assessed at the town level based on local budget requirements, with no state income tax on wages, though interest and dividends are taxed.
Residents primarily commute by car to employment centers in Nashua and Manchester, with typical drive times ranging from 20 to 35 minutes.
The town offers significant outdoor amenities including the Pelham Town Forest, various hiking trails, and proximity to local golf courses and community parks.
The rental market is tight with low vacancy rates, driven by high demand from commuters and limited multi-family housing inventory.
The economy is largely service-oriented with strong ties to the broader Manchester-Nashua labor market, featuring a mix of retail, education, and professional services.
Transportation is heavily reliant on private vehicles, with limited public transit options available for regional commuting.
Development is focused on maintaining a suburban character with strict zoning regulations limiting high-density projects.
Parcels are subject to town and school district taxes, with no major MUD/PID structures common in this region.
Property insurance premiums are stable but reflect regional risks associated with severe weather events.
Data retrieved from Census Reporter and ACS 2024 profiles.
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.
- Great Wolf Lodge | New England4.213.1 mi
- Launch Family Entertainment Leominster4.116 mi
- Urban Air Trampoline and Adventure Park4.419.6 mi
- The Dark Woods4.913.2 mi
- BB KIDZ KLUB414.9 mi
- Wachusett Mountain Ski Area4.515.9 mi
- The 1761 Old Mill4.512.9 mi
- Crotched Mountain Ski and Ride4.319.1 mi
- Wachusett Brewing Company4.612.3 mi
- Red Tail Golf Club419.9 mi
- Milford Drive-In Theater4.612 mi
- Purgatory Falls - Lower Falls4.512.7 mi
- Miller State Park4.87.9 mi
- Pearl Hill State Park4.38.2 mi
- Fitchburg Art Museum4.711.1 mi
- Bancroft's Castle4.718.5 mi
- Fitchburg Art Museum4.711.1 mi
- Averill House Vineyard4.910.6 mi
- New Hampshire Antique Co-op4.612.7 mi
- Monson Center4.713.7 mi
- Monadnock State Park Headquarters4.812.9 mi
- Purgatory Falls - Lower Falls4.512.7 mi
- Miller State Park4.87.9 mi
- Pearl Hill State Park4.38.2 mi
- Coggshall Park4.712.7 mi
- Shady Point Beach & Campground4.415.8 mi
- The Shattuck Golf Club4.511.4 mi
- Coggshall Park4.712.7 mi
- Woods of Westminster Golf Course4.310.4 mi
- Oak Hill Country Club4.712.4 mi
- Gardner Municipal Golf Course4.311.1 mi
- Ben's Sugar Shack & The Maple Station Market4.87.5 mi
- Shaw's3.810.5 mi
- Price Chopper4.112.7 mi
- S S Lobster Ltd4.311.1 mi
- Dick's Market Gardens & Greenhouses4.811.3 mi
- Manchester-Boston Regional Airport4.626.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail network for hiking and nature observation.
Community park with sports fields and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.