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Buying a home in Newfields, New Hampshire

The typical owner-occupied home in Newfields is worth about $484,100, 20% above the New Hampshire median of $402,500 and 46% above the national median of $332,700. Owners pay a median $8,269 a year in property taxes, about 1.71% of their home's value, close to the New Hampshire rate of 1.66%. The median household earns $185,769 a year, so the median home costs 2.6 times the median income (4.1 times for New Hampshire). 88% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.

Newfields at a glance

Newfields New Hampshire U.S.
Median home value $484,100 $402,500 $332,700
Median property tax paid per year $8,269 $6,667 $3,119
Property tax as a share of value 1.71% 1.66% 0.94%
Median household income $185,769 $99,031 $80,734
Homes lived in by their owners 88% 73% 65%
Owner homes with a mortgage 70% 62% 61%
Median monthly costs, owners with a mortgage $3,167 $2,367 $1,963
Those costs as a share of the owners' income 22.1% 21.9% 21.0%
Median rent $1,889 $1,491 $1,413
Rent as a share of renters' income 21.0% 29.4% 30.6%
Median year homes were built 1938 1979 1980
Vacant homes 0.0% 14.3% 10.1%
Population 294 1,394,868 334,922,499

What a typical home costs per month in Newfields

At this week's average 30-year rate of 7.11%, buying the median Newfields home of $484,100 with 20% down costs about $3,497 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,303, 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 $149,863 for the 20%-down payment. That payment is 23% of the median Newfields household income of $185,769; at that income and 20% down, the 28% guideline points to a home of about $600,000.

The median rent here is $1,889 a month, so owning the median home costs about $1,608 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$96,820
Loan amount$387,280
Principal and interest$2,605
Property taxes (1.71% a year)$690
Homeowners insurance (our estimate, 0.5% a year)$202
PMI$0
Total per month$3,497

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3.5% down, 30-year FHA loan
Down payment$16,944
Loan amount$475,332
Principal and interest$3,198
Property taxes (1.71% a year)$690
Homeowners insurance (our estimate, 0.5% a year)$202
FHA mortgage insurance$214
Total per month$4,303

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Questions about home buying in Newfields

What is the median home value in Newfields?

About $484,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Newfields?

Homeowners pay a median $8,269 a year, which is about 1.71% 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 Newfields?

For the median home with 20% down at 7.11%, the payment is about $3,497 a month. Keeping that under 28% of gross income takes about $149,863 a year.

More about Newfields

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