Real Estate Investing in Barnstead, New Hampshire (03218)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Belknap County • Population: 1,202 • Data updated: September 2026

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Should you buy in 03218 (Barnstead, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Barnstead, NH (03218)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $472,717
Avg Monthly Rent $1,944
1% Rule ✗ Does Not Meet
Median Income $88,188
% Renters 23.5%

Market Analysis: 03218 Barnstead

Not every below-median market is a bargain. Barnstead's 03218 ZIP reports signals that favor experienced operators who can absorb the risk $473K pricing implies.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $473K asset, 03218 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 03218 and stronger Barnstead ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 03218 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The 03218 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Barnstead:

C+ Average
Buy Confidence Score: 67/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.4× the median income
Value Trend
Rising (+7.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,944/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Laconia, NH Metro Area
More inventory, negotiating room for buyers
50 days
Average time to sell
Average
10.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Laconia, NH metro data
🏠

Property Strategy for 03218

Which property type performs best in this market?

Best for Cash Flow
2BR
4.1% cap rate
Best for Appreciation
3BR
+11.3% 5yr CAGR
Best Overall Value
3BR
$161,285/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $381,109 $2,160 4.1% +9.7% $190,554
3BR $483,855 $2,660 4.0% +11.3% $161,285

Market Trends

Home Value History (with trend line)

$496K$429K$362K$296K$229K$162KFeb 2016May 2021Jul 2026

📊 How Does 03218 Compare?

Metric 03218 Barnstead Laconia, NH New Hampshire
Home Value $472,717 $465,565 N/A $496,656
5-Year CAGR 8.1% 8.0% N/A 9.6%
Avg Rent $1,944 $1,782 N/A -
Cap Rate 3.2% 3.0% - -
💡 Why Invest in 03218? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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

Real numbers from people who own or manage rentals in ZIP 03218 (Barnstead, NH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.2%
Low
5yr Growth
+8.1%
Strong

📉 Market Crash Risk Index

Based on Laconia, NH metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
50%
Days Pending
1/2
50 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $472,717
Monthly Rent $1,944
Price-to-Rent 20.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 11.3%

📈 Home Appreciation

1-Year +7.7% ▲
3-Year CAGR +7.0% ▲
5-Year CAGR +8.1% ▲
10-Year CAGR +9.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
0.0%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+8.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03218

Population: 1,202

💰 Median Household Income
$88,188
This area
$88,188
State
$93,430
USA
$74,580
🏠 Renter Occupied
23.5%
This area
23.5%
State
18.9%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-6.0%
USA
3.7%
🎓 College Educated
14.1%
This area
14.1%
State
29.2%
USA
33.7%
👤 Median Age
42.7 years
This area
42.7 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
0.0%
This area
0.0%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 97.4%
Other/Mixed 2.6%
👶 Under 18
22.8%
This area
22.8%
USA
22.0%
👴 65 and Over
17.5%
This area
17.5%
USA
17.3%
📊 Poverty Rate
5.0%
This area
5.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 03218

Nearby Schools (3 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Pittsfield Elementary School

📚 Pre-K – 05 Elementary
📍 34 Bow St., Pittsfield
👥
223 Students
👨‍🏫
11.2:1 Class Size
💰
$21,120 Per Student
A+ Excellent

Pittsfield High School

📚 09 – 12 High School
📍 23 Oneida St., Pittsfield
👥
160 Students
👨‍🏫
6.4:1 Class Size
💰
$21,120 Per Student
B Good

Pittsfield Middle School

📚 06 – 08 Middle
📍 23 Oneida St., Pittsfield
👥
112 Students
💰
$21,120 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

3 Nearby 1,090 Off-Campus Students
D
University System of New Hampshire System Office
0 students · 13.4 mi
C
NHTI-Concord's Community College
2,613 students · 14.5 mi
C
Lakes Region Community College
695 students · 14.8 mi

Investor Insight: With 1,090 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How does Barnstead, NH stack up for property investment?

Barnstead, NH comes in at an investability rating of 3.0/5, with median home values near $473K and average rents around $1,944/mo. That combination puts it in the resilient tier for investor interest.

What kind of tenants rent in Barnstead, NH?

Tenant quality in Barnstead, NH ranks as solid. Landlords generally report consistent occupancy at market rents of $1,944/mo.

What do landlords charge for rent in Barnstead, NH?

Rent in Barnstead, NH is around $1,944/mo. The resulting rent-to-value relationship with $473K pricing is reasonable for most investor models.

What strategy should investors use in Barnstead, NH?

Investors usually favor careful cash-flow rentals with hands-on management in Barnstead, NH. With home values at $473K and rents near $1,944/mo, other strategies can work but produce measured rather than outsized returns.

Should investors worry about vacancy in Barnstead, NH?

Vacancy in Barnstead, NH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,944/mo.

You know 03218 now. You don’t know where it ranks.

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How 03218 ranks in Laconia, NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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