Mortgage payment estimates, closing cost breakdowns, and homebuying data for Portsmouth, New Hampshire.
Pre-filled with Portsmouth median home price and New Hampshire tax/insurance rates. Adjust for your property.
Estimated closing costs based on New Hampshire rates and fees applied to Portsmouth prices.
The median home price in Portsmouth is $625,000, 45% above the New Hampshire state median of $430,000. With a population of 22,158, Portsmouth is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in New Hampshire average 2.09% annually. This higher-than-average tax rate means a $625,000 home in Portsmouth would carry roughly $1,089/month in property taxes alone — plan accordingly. Homeowners insurance in New Hampshire runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Portsmouth is $2,150/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Portsmouth is a higher-cost market. At $625K median, buyers need significant savings or strong income. Down payment assistance through New Hampshire's NHHFA Home Flex Plus program becomes especially important.