Massachusetts vs New Hampshire: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Massachusetts and New Hampshire. Updated for 2026.
Metric
Massachusetts
New Hampshire
Median Home Price
$595K
$430K
Property Tax Rate
1.2%
2.09%
Avg Closing Costs
$10K
$7K
Closing Cost %
1.6%
1.6%
Transfer Tax
0.456%
1.5%
Homeowners Insurance
$2,200/yr
$1,400/yr
First-Time Buyer Program
MassHousing DPA
Up to $50,000 DPA loan
NHHFA Home Flex Plus
Up to $20,000 DPA
Verdict
New Hampshire wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $430K and lower overall costs, New Hampshire offers meaningful savings compared to Massachusetts. Both states offer first-time buyer programs — explore the state pages for full details.