Real Estate Investing in Nottingham, New Hampshire (03290)

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

Rockingham County • Population: 5,304 • Data updated: September 2026

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Should you buy in 03290 (Nottingham, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
2 flags
  • Elevated vacancy: 8.4% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 27.0 — hard to cash-flow at these prices.

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

What’s happening in Nottingham, NH (03290)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $632,174
Avg Monthly Rent $1,953
1% Rule ✗ Does Not Meet
Median Income $97,035
% Renters 9.9%

Market Analysis: 03290 Nottingham

Put differently, ZIP 03290 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $632K median. It rewards specialists, not generalists.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 03290 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Nearby ZIPs in Nottingham have seen price recovery that 03290 has not matched. Rockingham County data supports the view that the spread is structural rather than temporary.

Employment concentration in 03290 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Nottingham:

C+ Average
Buy Confidence Score: 62/100
Affordability
5/25
Appreciation
25/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.5× the median income
Value Trend
Rising (+6.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,953/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 03290

Which property type performs best in this market?

Best for Cash Flow
3BR
3.3% cap rate
Best for Appreciation
4BR
+10.0% 5yr CAGR
Best Overall Value
4BR
$169,900/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $488,434 $2,170 3.2% +9.3% $244,217
3BR $609,500 $2,780 3.3% +10.0% $203,167
4BR $679,601 $2,950 3.1% +10.0% $169,900

Market Trends

Home Value History (with trend line)

$664K$571K$477K$384K$290K$196KJul 2006Jul 2016Jul 2026

📊 How Does 03290 Compare?

Metric 03290 Nottingham New Hampshire
Home Value $632,174 $632,174 $496,656
5-Year CAGR 7.4% 7.4% 9.6%
Avg Rent $1,953 $1,953 -
Cap Rate 2.4% 2.4% -
💡 Why Invest in 03290? 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 03290 (Nottingham, NH). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 03290 (Nottingham, NH)?

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Investability
Good
Cap Rate
2.4%
Low
5yr Growth
+7.4%
Strong

📊 Market Snapshot

Home Value $632,174
Monthly Rent $1,953
Price-to-Rent 27.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.7%
Cap Rate 2.4%
5-Year IRR 9.8%

📈 Home Appreciation

1-Year +6.9% ▲
3-Year CAGR +5.9% ▲
5-Year CAGR +7.4% ▲
10-Year CAGR +8.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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.

Vacancy
8.4%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+7.4%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03290

Population: 5,304

💰 Median Household Income
$97,035
This area
$97,035
State
$93,430
USA
$74,580
🏠 Renter Occupied
9.9%
This area
9.9%
State
18.9%
USA
34.0%
💼 Unemployment Rate
1.5%
This area
1.5%
State
-6.0%
USA
3.7%
🎓 College Educated
40.8%
This area
40.8%
State
29.2%
USA
33.7%
👤 Median Age
42.2 years
This area
42.2 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
8.4%
This area
8.4%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 90.0%
Other/Mixed 8.1%
Hispanic/Latino 6.8%
Asian 1.4%
Black/African American 0.4%
👶 Under 18
21.9%
This area
21.9%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
1.6%
This area
1.6%
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 03290

A+ Avg School Grade
1 Schools
13.7:1 Avg Class Size
$40,258 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Nottingham Elementary School

📚 Pre-K – 08 School
👥
512 Students
👨‍🏫
13.7:1 Class Size
💰
$40,258 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

2 Nearby 149 Off-Campus Students
B
University of New Hampshire-Main Campus
13,626 students · 9.5 mi
C
Empire Beauty School-Somersworth
168 students · 14.1 mi

Frequently Asked Questions

Is NH a landlord-friendly state?

Landlord-friendliness in Nottingham, NH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What is the typical rental rate in Nottingham, NH?

Investors in Nottingham, NH typically see rents near $1,953/mo per month against $632K home values - a solid setup for rental cash flow.

Is the tenant base reliable in Nottingham, NH?

The renter base in Nottingham, NH is reasonable for the $1,953/mo price point. Screening well and pricing to market typically yields steady tenants.

What does house hacking look like in Nottingham, NH?

The a challenging house-hack environment in Nottingham, NH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What is the best play in Nottingham, NH?

For Nottingham, NH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

You know 03290 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03290 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.

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How 03290 ranks in Boston-Cambridge-Newton, MA-NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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