Mortgage payment estimates, closing cost breakdowns, and homebuying data for Somersworth, New Hampshire.
Pre-filled with Somersworth 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 Somersworth prices.
The median home price in Somersworth is $335,000, 22% below the New Hampshire state median of $430,000. With a population of 12,027, Somersworth is a smaller market where home prices tend to be more accessible than in many parts of New Hampshire.
Property taxes in New Hampshire average 2.09% annually. This higher-than-average tax rate means a $335,000 home in Somersworth would carry roughly $583/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 Somersworth is $1,350/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.
Somersworth presents moderate affordability. The $335K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.