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Nashua

Learn about the people, housing, costs and businesses in Nashua, Minnesota

Median Home$214,400
Median Rent$778/month
Population66
Leading IndustriesConstruction · Agriculture & Mining · Transportation21% construction
Home Value Growth-2.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners92% of occupied units
Nashua
MN

Frequently Asked Questions

What are today's mortgage rates in Nashua?

As of today, the 30-year fixed mortgage rate for Nashua is approximately 6.965% (7.004% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Nashua?

The median home value in Nashua is $214k. The median monthly rent is $778. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nashua?

Home values in Nashua have decreased 2.9% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Nashua?

Based on a typical all-in ownership cost of $930/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nashua is $85k/year.

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What industries drive the economy in Nashua?

The largest employment sectors in Nashua are agriculture and mining (22%) and construction (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.