03231 — Merrimack County, New Hampshire Market Snapshot
Housing market data for zip code 03231 in Merrimack County, New Hampshire. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Merrimack County county page for broader data.
Market Sales Data
1 sales in 2017
Median Sale Price
$438,800
Days to Sell
4
Homes Sold
1
Inventory
N/A
Conforming Loan Available
Most homebuyers in 03231 can comfortably use conventional financing. The median home price of $438,800 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
03231 is an extremely competitive market with homes selling in just 4 days on average. Buyers need pre-approval letters ready before making offers.
Conforming Loan Feasibility
Most homebuyers in 03231 can comfortably use conventional financing. The median home price of $438,800 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 03231 are set at the county level.
2026 Loan Limits — Merrimack County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 03231
To purchase the median home at $438,800 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,512.
Monthly Payment
$3,512
Income Required
$150,512
Principal & Interest
$2,704/mo
Down Payment (5%)
$21,940
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 03231.
Estimated Monthly Payment
$2,866
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