Real Estate Investing in Gilmanton, New Hampshire (03237)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03237 (Gilmanton, NH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 33.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gilmanton, NH (03237)?
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Market Analysis: 03237 Gilmanton
The 03237 ZIP in Gilmanton, NH is a local-operator market. Outside capital chasing a $469K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 03237 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 03237 and stronger Gilmanton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 03237 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 03237 is an operator game, not a passive one. Meanwhile, entry prices of $469K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Gilmanton:
Property Strategy for 03237
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $358,815 | $1,860 | 3.7% | +10.3% | $179,408 |
| 3BR | $480,192 | $2,360 | 3.5% | +10.2% | $160,064 |
| 4BR | $566,143 | $2,640 | 3.4% | +9.5% | $141,536 |
Market Trends
Home Value History (with trend line)
📊 How Does 03237 Compare?
| Metric | 03237 | Gilmanton | Laconia, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $468,611 | $496,407 | N/A | $496,656 |
| 5-Year CAGR | 7.8% | 7.6% | N/A | 9.6% |
| Avg Rent | $1,674 | $1,647 | N/A | - |
| Cap Rate | 2.8% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03237 (Gilmanton, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $468,611 |
| Monthly Rent | $1,674 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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.
Demographics in 03237
Population: 2,313
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 03237
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Gilmanton Elementary School
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
Frequently Asked Questions
Is housing expensive in Gilmanton, NH?
Gilmanton, NH home values average about $469K. That price point suits investors targeting rentals with $1,674/mo in monthly income.
Is it easy to find good tenants in Gilmanton, NH?
Tenant demand in Gilmanton, NH is solid. The local workforce $1,674/mo rents across most rental classes.
How strong are rents in Gilmanton, NH?
The typical rental in Gilmanton, NH commands about $1,674/mo monthly. That rent profile even-keeled cash flow against the $469K purchase basis.
Is Gilmanton, NH a good market for buy-and-hold investors?
Investors tracking Gilmanton, NH will find a 3.0/5 rating supported by $469K median home values and $1,674/mo rents. That profile suits long-term holders targeting measured returns.
Does Gilmanton, NH favor landlords or tenants?
Gilmanton, NH operates under NH law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
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How 03237 ranks in Laconia, NH
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