ZIP Code 03102 — Manchester, NH Home Prices (2026)
The typical home in ZIP 03102 (Manchester, New Hampshire) is worth about $427,000 at roughly $301 per square foot — 2% more affordable than the Manchester median and 45% more expensive than the typical U.S. home.
How 03102 compares
ZIP 03102 is one of the more affordable ZIP codes in Manchester: its typical home value of $427,000 ranks #4 of the 5 Manchester ZIP codes we track (the citywide range runs from $423,000 in 03103 to $486,000 in 03104). Per square foot it costs about $301, against $294 for Manchester as a whole, $300 for New Hampshire, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 03102 | $427,000 | $301 |
| Manchester, NH | $434,000 | $294 |
| New Hampshire | $487,000 | $300 |
| United States | $294,000 | $195 |
Home value by size in 03102
Using this ZIP’s rate of about $301 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $301,000 |
| 1,500 sq ft | $451,500 |
| 2,000 sq ft | $602,000 |
| 2,500 sq ft | $752,500 |
| 3,000 sq ft | $903,000 |
Salary needed to buy a home in ZIP 03102
To buy the typical $427,000 home in ZIP 03102 with 20% down, you need a household income of roughly $116,000 a year (about $2,710 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $138,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $21,400 | $3,370/mo | $144,000/yr |
| 10% (+PMI) | $42,700 | $3,220/mo | $138,000/yr |
| 20% | $85,400 | $2,710/mo | $116,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 03102
At about $301 per square foot, here is roughly how much home different budgets get you in ZIP 03102:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 660 sq ft | below the local median — condos, smaller or older homes |
| $250k | 830 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1000 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1330 sq ft | around the typical home here |
| $500k | 1660 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 03102 home.
Estimate a specific home in 03102
The estimator below is pre-set to ZIP 03102 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Manchester ZIP codes by home value
Where 03102 sits among Manchester’s 5 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 03104 | $486,000 | $271 |
| 2 | 03109 | $473,000 | $294 |
| 3 | 03101 | $434,000 | $268 |
| 4 | 03102 (this page) | $427,000 | $301 |
| 5 | 03103 | $423,000 | $304 |
ZIP 03102 home prices: frequently asked
What is the average home price in ZIP code 03102? +
What is the price per square foot in 03102? +
What salary do you need to buy a house in ZIP 03102? +
Is 03102 an expensive ZIP code? +
See the full Manchester home values page, all New Hampshire cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.