Real Estate Investing in Effingham, New Hampshire

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1 ZIP codes • Population: 1,758 • Carroll County

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Should you buy in Effingham, NH? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 38.3% of homes vacant — above national norms.

What’s happening in Effingham, NH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.8% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $342,122
Avg Monthly Rent $1,215
ZIP Codes 1

Investing in Effingham Real Estate

Effingham, NH covers 1 ZIP codes and a population but the investment metrics here are soft — this is not a market to enter casually.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Effingham is in that category.

Market conditions in Effingham are tepid. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Population dynamics in Effingham haven't been supportive. a challenging fit for combined with lackluster income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$342,122
Avg Monthly Rent
$1,215
1% Rule
✗ Below
Landlord Friendly (NH)

ZIP Codes in Effingham, NH

Screen every ZIP in Effingham

Filter Effingham’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Effingham, NH

Is real estate in Effingham, NH a good investment right now?

Investors tracking Effingham, NH will find a 3.0/5 rating supported by $342K median home values and $1,215/mo rents. That profile suits long-term holders targeting predictable returns.

How much do tenants pay in Effingham, NH?

Investors in Effingham, NH typically see rents near $1,215/mo per month against $342K home values - a solid setup for rental cash flow.

Is vacancy a concern in Effingham, NH?

Occupancy in Effingham, NH runs steady with elevated vacancy. Well-priced units at $1,215/mo lease on reasonable timelines.

Does a duplex house hack pencil in Effingham, NH?

House hacking in Effingham, NH is reasonable to execute. Prices around $342K and rents of $1,215/mo solid owner-occupant economics.

What is the average home sale price in Effingham, NH?

Effingham, NH home values average about $342K. That price point suits investors targeting rentals with $1,215/mo in monthly income.

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