Exeter real estate commands a premium in southern New Hampshire's Seacoast corridor, with median home prices near $550,000 reflecting the town's réputation for top-rated schools and its distinctive historic character. Phillips Exeter Academy — one of the country's most prestigious prep schools — anchors Exeter's identity and draws an educated, high-earning residential base. The result is consistent demand and relatively low inventory, particularly for move-in-ready homes.
Where to buy in Exeter
The downtown core along Water Street and Front Street features converted historic buildings, brick storefronts, and Federal-style homes on small lots ideal for buyers who prioritize walkability. The Stratham Hill and Newfields Road areas offer more land — typically half an acre to two acres — at slightly lower price points compared to in-town properties. Newer subdivisions along Jady Hill Avenue and Kennard Road attract families who want modern floor plans with access to Exeter's school district, which consistently ranks among New Hampshire's top performers.
Buyers relocating from Boston's North Shore find Exeter's combination of Route 101 and I-95 access compelling for commutes or remote-work flexibility. Property taxes in Rockingham County run approximately $16 per $1,000 of assessed value for Exeter. The rental market reflects the town's desirability — vacancy rates stay tight, with two-bedroom apartments averaging $1,700 to $2,100 per month. Investors should focus on small multifamilies near Phillips Exeter and downtown, where tenant demand from academy staff and local professionals remains year-round.
