Mortgage payment estimates, closing cost breakdowns, and homebuying data for Keene, New Hampshire.
Median Home Price
$315K
Population
23K
Avg Monthly Rent
$1,380
Property Tax Rate
2.09% *
* Property tax shown is the New Hampshire state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Keene.
Keene vs New Hampshire Median
The median home price in Keene is $315,000, which is 27% below the New Hampshire state median of $430,000.
Mortgage Calculator — Keene, NH
Pre-filled with Keene median home price and New Hampshire tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $315K home using New Hampshire's 2.09% tax rate and $1,400/yr insurance.
5% Down
$2,731/mo
Down: $15,750
Loan: $299K
P&I: $1,891
Tax: $549
Insurance: $117
PMI: $175
10% Down
$2,623/mo
Down: $31,500
Loan: $284K
P&I: $1,792
Tax: $549
Insurance: $117
PMI: $165
20% Down (No PMI)
$2,258/mo
Down: $63,000
Loan: $252K
P&I: $1,593
Tax: $549
Insurance: $117
Income needed (28% rule): $97K/year with 20% down, $112K/year with 10% down.
Rent vs Buy in Keene
Rent
$1,380/mo
vs
Buy (10% down)
$2,623/mo
Price-to-rent ratio: 19.0 — A ratio between 15-20 means the rent vs buy decision in Keene depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Keene is $315,000, 27% below the New Hampshire state median of $430,000. With a population of 23,409, Keene is a smaller market where home prices tend to be more accessible than in many parts of New Hampshire.
Property taxes in New Hampshire average 2.09% annually. This higher-than-average tax rate means a $315,000 home in Keene would carry roughly $549/month in property taxes alone — plan accordingly. Homeowners insurance in New Hampshire runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Keene is $1,380/month. The price-to-rent ratio in Keene is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Keene presents moderate affordability. The $315K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Keene.