Manchester Homes under $500,000

Welcome to Manchester, New Hampshire, a vibrant city that perfectly balances urban convenience with the charm of small-town living. Nestled in Hillsborough County, Manchester is known for its rich history, diverse culture, and a strong sense of community. With a population of over 115,000 residents, it is the largest city in the state and offers a dynamic blend of arts, entertainment, and outdoor activities.

One of the standout features of Manchester is its affordability, particularly when it comes to housing. For those seeking homes under $500,000, the city presents an array of options that cater to various lifestyles and needs. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Manchester has something for everyone. From charming single-family homes in tree-lined neighborhoods to modern condos with stunning city views, the real estate market is both diverse and accessible.

Living in Manchester means enjoying a thriving local scene, including an impressive array of restaurants, shops, and cultural attractions. The city is home to the Palace Theatre, local breweries, and the picturesque Merrimack River, which offers scenic walking trails and recreational opportunities. Plus, with an active community calendar filled with festivals and events, there’s always something happening.

With its affordable housing options and vibrant lifestyle, Manchester, NH, is a hidden gem waiting to be discovered. Come explore the possibilities and find your perfect home in this dynamic city!

Newest Manchester Homes under $500,000

$359,900

2 Beds ⋅ 2 Baths ⋅ 5113086 MLS

OPEN HOUSE THIS SATURDAY, OCTOBER 10th, 10 AM to Noon. Welcome to 125 Thornton Street, a charming West Side Manchester property tucked away on a quiet dead-end street and offering a flexible floor plan, comfortable living spaces, and plenty of potential to make it your own. The spacious foyer opens into a generous living area, creating a welcoming first impression and an easy flow throughout the main level. An open dining area connects naturally to the galley style kitchen, while one- and one-half bathrooms and convenient first-floor laundry add everyday functionality. Vinyl siding and windows provide easy care exterior appeal, while a newer heating system and mini-split offer updated comfort and efficiency. Outside, enjoy ample parking, a level yard, and a side deck. The location adds even more appeal. Walking distance to nearby schools. Explore the nearby Piscataquog Trail, a paved 2.1 mile recreational path connecting the West Side with parks, fields, downtown Manchester, and the Goffstown Rail Trail. Piscataquog River Park adds additional walking trails, river access, and opportunities to enjoy the outdoors. Walk to nearby schools. Convenient to neighborhood shops and restaurants, West Side recreation, downtown Manchester, major roadways, and the many amenities throughout the Queen City. With its practical updates, flexible spaces, outdoor features, and convenient location, 125 Thornton Street is ready for its next chapter. Come see how you can make this Manchester property your own—and be settled in time for the holidays!

125 Thornton St, Manchester

$199,900

2 Beds ⋅ 1 Baths ⋅ 5113052 MLS

Your chance to get into this like new Condo for under $200,000. This 2-bedroom beauty features new floors and kitchen counters as well as all new paint and stainless-steel appliances. Well maintained complex with outdoor pool.

45 Log St Unit 1H, Manchester

$385,000

2 Beds ⋅ 1 Baths ⋅ 5112976 MLS

Welcome to The Ranch at Calef Corner! a move-in ready ranch set on a desirable corner lot at Calef Road and Gold Street in South Manchester. Positioned back from the road on a hill, this one-level home offers more breathing room than many city lots while still being just minutes from South Willow Street shopping, Walmart, and Manchester-Boston Regional Airport. Public transportation is also conveniently located directly across the street with access to Manchester Transit Authority Bus Route 3 servicing Brown Avenue, the Airport corridor, and Calef Road. Fully renovated in 2026, The Ranch at Calef Corner showcases extensive updates and thoughtful attention to detail throughout. Improvements include new flooring throughout the home, luxury vinyl plank flooring, new basement carpeting, new windows throughout most of the home, an updated kitchen, fully renovated bathroom, and a fresh, clean interior ready for immediate occupancy. A brand-new sewer line to the street was also installed in June 2026, providing long-term peace of mind for the next owners. One of the best features is the partially finished basement which allows for more living space or a possibility for a third bedroom if you need the additional sleeping space. The living room takes full advantage of the large picture window overlooking the historic and beautifully forested Pine Grove Cemetery. Known for its well-maintained grounds and extensive paved walking paths. Outside, the backyard offers the potential to become a true city oasis with additional plantings and personal touches. This home has been cared for with pride by the seller. Whether you are starting your homeownership journey or downsizing, The Ranch at Calef Corner is a wonderful opportunity in a highly convenient South Manchester location.

695 Calef Rd, Manchester

$390,100

4 Beds ⋅ 2 Baths ⋅ 5112874 MLS

Foreclosure AUCTION (the listed sale price is a refection of the city's assessed value and is not the auction price) 4-Bedroom Home w/ Detached 2-Car Garage Manchester, New Hampshire Thursday, November 5th at 11:00 a.m. 552 Hanover Street is a 4-bedroom, 2-bathroom Colonial with a detached 2-car garage both finished in wood shingle siding. The home was built in 1900, totals 2,741 sq.ft. and is serviced by city water and sewer and has central air conditioning. Map 118, Lot 8. Assessed Value: $390,100 Inspection: One hour prior to the auction, if permitted. Terms: Ten thousand-dollar ($10,000.00) deposit in cash or certified check, deemed acceptable to mortgagee or agent of the mortgagee at time and place of sale. Buyer is required to execute a foreclosure purchase and sale agreement at the time the successful bid is accepted. Balance due at closing within forty-five (45) days of sale. Property shall be conveyed as is, where is. Mortgagee makes no warranty or representation of any kind in connection with the property and/or rights which may be conveyed with the property. Subject to all terms of mortgagee’s notice of sale.

552 Hanover St, Manchester

$475,000

6 Beds ⋅ 5112861 MLS

Spacious two-family offering nearly 1,300 sq. ft. per unit, with 3 bedrooms in each unit, hardwood floors, and enclosed side porches. Separate utilities throughout, including natural gas hot water heating. The third floor offers three additional rooms ready for finishing or remodeling, providing exciting potential to combine with the second-floor unit to create a spacious townhouse-style layout. Additional features include vinyl siding, a 2 car garage, paved parking for 2–3 additional vehicles, and a nice side yard with mature trees offering added privacy. A wonderful opportunity for an investor or owner-occupant looking for a spacious multi-family property with additional potential!

301 Amherst St, Manchester

$295,000

3 Beds ⋅ 1 Baths ⋅ 5112793 MLS

This classic New Englander has a lot more living space than you might think if you just see it from the street! It's an opportunity for the investor, the ambitious DIYer, or anyone wanting to get into a single-family home at a relatively modest price in today's market and accomplish the upgrades over time, as it's being sold "as is." Located close to schools and Derryfield Park and just a short hop to the highway or downtown, it's a great spot to start your homeownership journey or house hack and rent a couple of rooms to friends. The first floor has lots of common living space, with a living room, eat-in kitchen, dining room, and a large screen porch; and the living room is currently set up as a fourth bedroom, but you could switch it back to expand that common space, so there is plenty of elbow room for everyone. The first floor bathroom was renovated about 8 years ago with ceramic tile floors and a tile shower so you won't need to swing a hammer in there. Upstairs the three bedroom are surprisingly spacious. The primary bedroom has two large closets, and while the third bedroom does not have a closet, there's certainly room to frame one out, and it has access to a large attic space which offers more storage potential. The roof was replaced around 2019, so you can take that off your renovation list as well. And surprise, surprise--the home has central air! Yes, it's older, but the furnace and a/c have been serviced every year. You also get a one-car garage and a modest yard so you can have a little garden without costing yourself too much time with yard work. If you have a vision, a tool belt, and time, you can definitely polish this into your very own gem. Or get your demo and construction crews in and out quickly and capture the upside of this spacious home!

120 Ashland St, Manchester

$435,000

4 Beds ⋅ 2 Baths ⋅ 5112690 MLS

Welcome home to a property that offers a comfortable, functional layout with plenty of flexibility throughout! The main level features an inviting living room, separate dining area, and a bright kitchen with white cabinetry, ample counter space, stainless steel appliances, and plenty of storage. A first-floor bonus room provides the perfect option for a home office, guest space, playroom, or additional living area. Upstairs, you’ll find four bedrooms, including a primary bedroom with a walk-in closet. Additional features include first-floor laundry, a screened porch, a detached two-car garage, and driveway parking. Conveniently located near shopping, dining, and major routes, this Manchester home offers a great combination of space, functionality, and opportunity to make it your own.

131 Riley Ave, Manchester

$374,900

3 Beds ⋅ 2 Baths ⋅ 5112650 MLS

Location is everything for this nicely updated south Manchester home. Access the Green Acres school district from this location. Walk to Crystal Lake for swimming, boating and fishing and the Crystal Lake park. This 3 bedroom home has recently been through a refresh. Kitchen has large spacious painted cabinets, Granite counters and stainless steel appliances. Flows, well into the dining area and sitting area for shoes and coats. LVP flooring in common areas carpet in Bedrooms. first floor primary with new 3/4 bath & slider leading to the private and large yard. Newer mechanicals, roof and all of this on a dead end street. Can be ready for immediate occupancy. Agent Interest.

20 Highland Ln, Manchester

$425,000

3 Beds ⋅ 2 Baths ⋅ 5112602 MLS

Welcome to 238 South Lincoln Street! This 3 bedroom, 2 bath home has the big ticket items already taken care of, with a roof and heating system both under 10 years old. Upstairs, two more rooms are set up as bedrooms, great for guests, a home office, or whatever you need. You can move in and start enjoying it instead of budgeting for projects. Step inside to a large kitchen with an island, storage cabinets, and stainless steel appliances, perfect for cooking and hosting. The first floor also has a living room, a full bath, and three bedrooms, one currently used as a dining room. A generous mudroom leads right out to the backyard. Then there's the basement: large, great ceiling height, and a full bath already in place, so finishing it into a rec room or gym is easy whenever you're ready. Outside, the big backyard has room to play, garden, and entertain, and the driveway can accommodate 4+ cars. The location is a win too. Grocery stores are just down the road, with larger supermarkets and restaurants a short drive away. Grab coffee or breakfast at local cafes within about half a mile, then walk it off at a nearby park with walking paths and water access, less than a mile away. Downtown Manchester and Elm Street are a quick trip up the road. Whether you're buying your first home, moving up, or adding to your portfolio, this is a great opportunity! Showings begin October 7th! Open Houses: 10/10/2026 from 10am to 12pm 10/11/2026 from 12pm-2pm

238 S Lincoln St, Manchester

$399,900

3 Beds ⋅ 2 Baths ⋅ 5112456 MLS

SHOWINGS START AT 10AM Saturday 10/3. Welcome to Amoskeag Terrace, a distinctive historic condominium community nestled in Manchester’s iconic mill yard. Set among beautifully preserved brick buildings, lush landscaping, and charming courtyard gardens, this 3-bedroom townhouse offers a rare blend of historic character, modern updates, and downtown convenience. Inside, the original hardwood floors and period trim showcase the craftsmanship and character of the home’s early days, beautifully complemented by a new kitchen featuring quartz countertops, a peninsula breakfast bar, undermount sink, and updated appliances. Updated windows, heating, plumbing, and electrical systems provide modern-day comfort and efficiency, while both bathrooms have been thoughtfully updated with sleek tile flooring, tiled tub surround in main bathroom, and updated vanities. With more than 1,500 square feet of living space, there is plenty of room to spread out, while the basement offers excellent potential for additional finished living space, whether you envision a family room, home gym, office, or recreation area, with ample storage remaining. Step outside onto the covered porch and enjoy views of the courtyard and beautifully maintained grounds. Amoskeag Terrace is a special community recognized for its preservation of Manchester’s historic architecture. Enjoy the convenience of being just minutes from downtown restaurants, entertainment, concert venues, and Delta Dental Stadium, home of the New Hampshire Fisher Cats, while coming home to a quiet, garden-like setting. The unit includes one off-street parking space and additional free parking on Hollis and Kidder Streets is available through the City of Manchester's residential permit parking program. A unique opportunity to own a piece of Manchester history with the character, space, modern updates, and location today's buyers are looking for.

657 Canal St, Manchester

39 Old Hackett Hill Rd Unit 1B, Manchester

$175,000

1 Beds ⋅ 1 Baths ⋅ 5112405 MLS

Spacious one bedroom condo being sold as is. Electric heat, roomy eat-in-kitchen, across from the laundry room. Close to 93 and shopping, great location. PROPERTY BEING SOLD AS IS, AS SEEN. Listing agent is related to seller.

39 Old Hackett Hill Rd Unit 1B, Manchester

$439,900

3 Beds ⋅ 3 Baths ⋅ 5112401 MLS

Offer Deadline has been set for Tuesday, Oct 6 @ 4 pm. Welcome to 201 Paquette Avenue, a well-maintained 3-bedroom ranch tucked away on a side street in Manchester’s desirable North End. Enjoy the feel of a neighborhood setting while being just minutes from major commuting routes, shopping, dining, and everyday conveniences. Step outside and you’ll quickly see what makes this property special. The beautifully landscaped, fenced backyard is surrounded by lush garden beds, mature plantings, and greenery that create a picturesque and peaceful setting. Relax in the 3-season room overlooking the yard, where you can enjoy the gardens and watch the local wildlife (yes, even in the city)! It’s a wonderful spot for morning coffee, an afternoon book, or simply taking in the view. Inside, the main level offers convenient first-floor living with three bedrooms, a full bathroom, an additional half bath, and comfortable living spaces that reflect how well this home has been cared for. An attached one-car garage and generator hook-up adds to the everyday convenience. The partially finished lower level provides even more room to spread out, featuring a large gathering room, separate den or home office, and an additional half bath. Whether you need space for entertaining, working from home, hobbies, or relaxing, there’s plenty of flexibility. With its beautiful gardens, fenced backyard, inviting 3-season room, well-maintained condition, and convenient North End location just minutes from major commuting routes, 201 Paquette Avenue offers a peaceful place to call home while keeping you connected to everything Manchester has to offer. Stop by one of the open houses this weekend. Some of the photos have been virtually staged.

201 Paquette Ave, Manchester

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