The typical owner-occupied home in North Conway is worth about $435,000, 8% above the New Hampshire median of $402,500 and 31% above the national median of $332,700. Owners pay a median $4,934 a year in property taxes, about 1.13% of their home's value, lower than the New Hampshire rate of 1.66%. The median household earns $71,198 a year, so the median home costs 6.1 times the median income (4.1 times for New Hampshire). 48% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
North Conway at a glance
| North Conway | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $435,000 | $402,500 | $332,700 |
| Median property tax paid per year | $4,934 | $6,667 | $3,119 |
| Property tax as a share of value | 1.13% | 1.66% | 0.94% |
| Median household income | $71,198 | $99,031 | $80,734 |
| Homes lived in by their owners | 48% | 73% | 65% |
| Owner homes with a mortgage | 33% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,183 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 33.8% | 21.9% | 21.0% |
| Median rent | $966 | $1,491 | $1,413 |
| Rent as a share of renters' income | 25.4% | 29.4% | 30.6% |
| Median year homes were built | 1976 | 1979 | 1980 |
| Vacant homes | 35.2% | 14.3% | 10.1% |
| Population | 2,041 | 1,394,868 | 334,922,499 |
What a typical home costs per month in North Conway
At this week's average 30-year rate of 7.11%, buying the median North Conway home of $435,000 with 20% down costs about $2,932 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,657, 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 $125,653 for the 20%-down payment. That payment is 49% of the median North Conway household income of $71,198; at that income and 20% down, the 28% guideline points to a home of about $246,000.
The median rent here is $966 a month, so owning the median home costs about $1,966 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $87,000 |
|---|---|
| Loan amount | $348,000 |
| Principal and interest | $2,341 |
| Property taxes (1.13% a year) | $410 |
| Homeowners insurance (our estimate, 0.5% a year) | $181 |
| PMI | $0 |
| Total per month | $2,932 |
Change the numbers in the calculator
| Down payment | $15,225 |
|---|---|
| Loan amount | $427,121 |
| Principal and interest | $2,873 |
| Property taxes (1.13% a year) | $410 |
| Homeowners insurance (our estimate, 0.5% a year) | $181 |
| FHA mortgage insurance | $192 |
| Total per month | $3,657 |
Change the numbers in the calculator
Questions about home buying in North Conway
What is the median home value in North Conway?
About $435,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in North Conway?
Homeowners pay a median $4,934 a year, which is about 1.13% 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 North Conway?
For the median home with 20% down at 7.11%, the payment is about $2,932 a month. Keeping that under 28% of gross income takes about $125,653 a year.
More about North Conway
- Mortgage Refinance in North Conway
- Debt Relief in North Conway
- Home Equity Loans in North Conway
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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