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Buying a home in Alton, New Hampshire

The typical owner-occupied home in Alton is worth about $363,300, 10% below the New Hampshire median of $402,500 and 9% above the national median of $332,700. Owners pay a median $4,633 a year in property taxes, about 1.28% of their home's value, lower than the New Hampshire rate of 1.66%. 69% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.

Alton at a glance

Alton New Hampshire U.S.
Median home value $363,300 $402,500 $332,700
Median property tax paid per year $4,633 $6,667 $3,119
Property tax as a share of value 1.28% 1.66% 0.94%
Median household income – $99,031 $80,734
Homes lived in by their owners 69% 73% 65%
Owner homes with a mortgage 44% 62% 61%
Median monthly costs, owners with a mortgage – $2,367 $1,963
Median rent – $1,491 $1,413
Rent as a share of renters' income 26.7% 29.4% 30.6%
Median year homes were built 1972 1979 1980
Vacant homes 30.4% 14.3% 10.1%
Population 281 1,394,868 334,922,499

What a typical home costs per month in Alton

At this week's average 30-year rate of 7.11%, buying the median Alton home of $363,300 with 20% down costs about $2,494 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,099, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $106,888 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$72,660
Loan amount$290,640
Principal and interest$1,955
Property taxes (1.28% a year)$388
Homeowners insurance (our estimate, 0.5% a year)$151
PMI$0
Total per month$2,494

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3.5% down, 30-year FHA loan
Down payment$12,716
Loan amount$356,720
Principal and interest$2,400
Property taxes (1.28% a year)$388
Homeowners insurance (our estimate, 0.5% a year)$151
FHA mortgage insurance$161
Total per month$3,099

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Questions about home buying in Alton

What is the median home value in Alton?

About $363,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Alton?

Homeowners pay a median $4,633 a year, which is about 1.28% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Alton?

For the median home with 20% down at 7.11%, the payment is about $2,494 a month. Keeping that under 28% of gross income takes about $106,888 a year.

More about Alton

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data