Keene housing market

Neutral marketKeene, NH metro areaData through Sep 2026
Typical home value
$389K
▲ 3.0% 1 yr
Typical rent
$1,880/mo
▲ 3.0% 1 yr
12-month forecast
+2.9%
#153 of 546 metros
Gross rent yield
5.8%
#295 of 546 · U.S. 6.3%
Days to pending
34 days
▲ +9 days 1 yr
Listings with a price cut
27%
▲ +4.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $389,011, up 3.0% in a year and up 42% over five years.
  • 2Zillow forecasts home values rising 2.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,880/mo (+3.0% YoY), a 5.8% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,138/mo in principal and interest, $258 more than renting.
  • 5Homes go under contract in 34 days (+9 days vs last year); 27% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 49/100, #158 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $389K
$192K$253K$314K$375K2016201920222025
Typical monthly rent
Latest $1,880
$1,500$1,618$1,736$1,85420222023202420252026

How fast homes are selling

Days to go under contract
Latest 34
173553712020202220242026
Share of listings with a price cut
Latest 26.9%
6.7%13.3%19.8%26.4%20182020202220242026
Homes for sale vs new listings
Latest 267
For saleNew listings
7425543561620182020202220242026
Share of homes sold above list price
Latest 40.0%
21.7%36.6%51.4%66.2%2020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Keene compares

MeasureKeeneUnited StatesRank of 546
Home value, 1-yr change+3.0%+1.2%#207
Home value, 5-yr change+41.5%+19.7%
12-month forecast+2.9%+1.1%#153
Rent, 1-yr change+3.0%+2.7%#307
Gross rent yield5.8%6.3%#295
Price-to-rent ratio17.215.8
Mortgage P&I on typical home$2,138$2,012
Days to pending3456

Cities in the Keene metro

1 cities with home value and rent data.

Keene$353K▲ 3.3%$1,833▲ 3.2%6.2%

Run the numbers

Other New Hampshire metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.