Appreciation Velocity — New Hampshire Cities
Cities of New Hampshire ranked by 1Y / 3Y / 5Y home-price appreciation.
Public Record
Top 10 — 5Y appreciation (Countys)
#1 · Hillsborough, NH
+274.2%
#2 · Sullivan, NH
+103.3%
#3 · Coos, NH
+92.0%
#4 · Grafton, NH
+91.6%
#5 · Cheshire, NH
+77.4%
#6 · Rockingham, NH
+66.6%
#7 · Strafford, NH
+58.7%
#8 · Belknap, NH
+40.5%
#9 · Merrimack, NH
+27.0%
#10 · Carroll, NH
-8.7%
County ranking — 5Y appreciation (highest first)
| # | County | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | Hillsborough, NH | NH | +257.6% | +316.5% | +274.2% | +629.1% | $1.98M |
| 2 | Sullivan, NH | NH | -30.6% | +51.7% | +103.3% | +128.4% | $360.4K |
| 3 | Coos, NH | NH | +21.5% | +28.2% | +92.0% | +240.0% | $317.8K |
| 4 | Grafton, NH | NH | +27.8% | +113.7% | +91.6% | +188.7% | $594.2K |
| 5 | Cheshire, NH | NH | +0.2% | +41.1% | +77.4% | +142.4% | $411.4K |
| 6 | Rockingham, NH | NH | +8.8% | +34.2% | +66.6% | +161.5% | $865.3K |
| 7 | Strafford, NH | NH | -4.3% | +81.9% | +58.7% | +110.6% | $472.5K |
| 8 | Belknap, NH | NH | -24.2% | -36.1% | +40.5% | +68.7% | $367K |
| 9 | Merrimack, NH | NH | -6.8% | -8.0% | +27.0% | +84.1% | $427.1K |
| 10 | Carroll, NH | NH | -11.4% | -39.0% | -8.7% | +78.7% | $541.4K |
How to read these numbers
Velocity vs. level
A market with 25% one-year appreciation is moving fast — but a market with steady 6% over ten years has compounded much further. Use 10Y as the long-run signal, 1Y as the momentum signal.
Mean-reversion risk
Markets that posted huge 1Y and 3Y gains often cool over the next cycle. Compare 1Y to 5Y: if 1Y is far above 5Y, the trend is accelerating; if far below, it is decelerating — often the more important signal.
Sample sanity
We require a minimum current median price (default $50K) to filter out tiny ZIPs with noisy data. Raise that threshold for serious investment markets; lower it to find emerging niches. Source: public record.