Total monthly cost of ownership
Cost to Own a Home in North Conway, New Hampshire
A $271,000 home here costs
$2,381per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,393. The real number is $988 higher every month — 71% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
North Conway against Carroll County and New Hampshire
| Measure | North Conway | Carroll County |
|---|---|---|
| Median home value | $271,100 | $348,900 |
| Median property tax | $4,577 | $3,685 |
| Effective tax rate | 1.688% | 1.056% |
| Median gross rent | $1,050 | $1,179 |
| Population | 2,286 | 51,259 |
The weather behind that power bill
North Conway sits in Carroll County, which averages a high of 78.3°F in its hottest month and a low of 7.7°F in its coldest, with 52.37" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 214 cooling and 8,211 heating degree days, which is what sets the $246 electricity line above.
See the full climate breakdown for Carroll County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carroll County
Full Carroll County cost breakdown · Every county in New Hampshire
Common questions
How much does it cost to own a home in North Conway?
A $271,000 home in North Conway, New Hampshire costs approximately $2,381 per month with 20% down at 6.66%. That is $1,393 principal and interest, $381 property tax, $67 homeowners insurance, $314 utilities and $226 set aside for maintenance.
What is the property tax rate in North Conway?
North Conway has an effective property tax rate of 1.688%, based on a median home value of $271,100 and median real estate taxes of $4,577. That is higher than the Carroll County average of 1.056%.
What is the average home price in North Conway?
The median owner-occupied home value in North Conway, New Hampshire is $271,100, against $348,900 across Carroll County.
Is it cheaper to rent or buy in North Conway?
Median gross rent in North Conway is $1,050 a month, against $2,381 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for North Conway — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New Hampshire.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.