Real Estate Investing in Warren, New Hampshire (03279)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03279 (Warren, NH)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 39.3% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Warren, NH (03279)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03279 Warren
On balance, ZIP 03279 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $271K median. It rewards specialists, not generalists.
The investment case in 03279 is healthy only for operators who understand what they are buying. A $271K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within NH, ZIP 03279 trails on several market indicators that neighboring Grafton County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Who lives in 03279 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 03279 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Warren:
Property Strategy for 03279
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $245,844 | $1,700 | 5.0% | +9.9% | $122,922 |
| 3BR | $287,523 | $2,310 | 5.8% | +11.5% | $95,841 |
Market Trends
Home Value History (with trend line)
📊 How Does 03279 Compare?
| Metric | 03279 | Warren | Lebanon, NH-VT | New Hampshire |
|---|---|---|---|---|
| Home Value | $270,685 | $270,685 | N/A | $496,656 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 9.6% |
| Avg Rent | $1,530 | $1,530 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 03279 (Warren, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $270,685 |
| Monthly Rent | $1,530 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (4.4%). 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 03279
Population: 810
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 03279
Schools in This ZIP Code
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.
Frequently Asked Questions
What is the median home value in Warren, NH?
Typical homes in Warren, NH go for around $271K. The 5-year CAGR of 0.0% consistent price movement.
Are tenants stable in Warren, NH?
Warren, NH draws a predictable base of working renters. Demand at the $1,530/mo rent level is reasonable for standard single-family and small multi rentals.
What is the investability score for Warren, NH?
Warren, NH clocks in at an investability rating of 3.0/5, with median home values near $271K and average rents around $1,530/mo. That combination puts it in the significant tier for investor interest.
Does a duplex house hack pencil in Warren, NH?
For house hackers, Warren, NH is a challenging. The $1,530/mo rent on a unit helps defray the mortgage on a $271K property.
What is it like being a landlord in Warren, NH?
NH ranks as a landlord-friendly state for landlord-tenant law. Warren generally follows the statewide framework, so landlords face reasonable operating rules.
You know 03279 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03279 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 03279 ranks in Lebanon, NH-VT
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