B
enzinga and Yahoo Finance may earn commissions or revenue through links below. Zillow's annual list highlights unexpected real estate markets, and in 2024, Manchester, New Hampshire, takes the top spot as America's most popular market. This charming city offers a Norman Rockwell-esque atmosphere at half the cost of nearby Boston. Despite its proximity to Boston, Manchester's pace of life is more relaxed, with a strong family-oriented vibe.
Manchester's small-town feel is genuine due to its relatively small size, with a population of around 115,000 residents. Until recently, the city was off the radar for many buyers, but rising property values in Boston have driven interest in Manchester. The average home price here is estimated at $415,000 by Zillow analyst Treh Manhertz, up 7.3% from last year and roughly half of what you'd pay in Boston.
Financing a comparable home in Manchester can save buyers around $18,000 per year and $540,000 over the life of a 30-year mortgage. Additionally, New Hampshire's lack of income tax and sales tax makes it an attractive option for residents.
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