Market Overview
Home Prices in Effingham, NH
The median home value in Effingham, NH is $347,199 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and down 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Effingham are priced15% below average.
Over the past five years, Effingham home values have risen by approximately24.1%, reflecting strong long-term appreciation in this market.
Price History
Effingham Home Price Trend
2020
$205,840
$206K
—
2021
$279,713
$280K
+35.9%
2022
$330,122
$330K
+18.0%
2023
$342,712
$343K
+3.8%
2024
$355,826
$356K
+3.8%
2025
$343,381
$343K
-3.5%
2026
$347,199
$347K
+1.1%
City Comparison
Effingham vs. National Median
🏠 Effingham
$347,199
National Median
$410,000
At $347,199, homes in Effingham cost 15% below the national median of $410,000. This makes Effingham a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Effingham?
20% Down Payment
$69,440
on $347,199
Monthly P&I
$1,811/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,300/mo
incl. taxes & insurance
Income Needed
$92,000
gross annual (30% rule)
10% Down Option
$34,720
+ PMI applies
Loan Amount (20% dn)
$277,759
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Effingham, NH?
The median home value in Effingham is $347,199 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Effingham?
Over the past year, home values in Effingham have increased by 1.1%. Over five years, prices have risen approximately 24.1%.
How much do I need to earn to buy a home in Effingham?
To comfortably afford the median home price of $347,199 with a 20% down payment ($69,440) at today's rates (6.8%), you'd need a gross annual income of approximately $92,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Effingham compare to the national average home price?
The national median home value is approximately $410,000. At $347,199, homes in Effingham are 15% below the national average.