Real Estate Investing in Boscawen, New Hampshire (03303)

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

Merrimack County • Population: 16,368 • Data updated: September 2026

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Should you buy in 03303 (Boscawen, 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.

What’s happening in Boscawen, NH (03303)?

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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 $433,888
Avg Monthly Rent $1,929
1% Rule ✗ Does Not Meet
Median Income $81,992
% Renters 31.4%

Market Analysis: 03303 Boscawen

ZIP 03303 inside Merrimack County looks affordable on the surface — median value of $434K — but the discount exists for reasons that a careful buyer should understand before committing.

The 03303 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Within NH, ZIP 03303 trails on several market indicators that neighboring Merrimack County submarkets outperform. The gap is real and solid enough to shape underwriting.

Looking more closely, 16,368 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Experienced landlords with local relationships tend to find 03303 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Boscawen:

C+ Average
Buy Confidence Score: 69/100
Affordability
10/25
Appreciation
25/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.3× the median income
Value Trend
Rising (+5.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,929/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.
⚖️
BALANCED MARKET
Concord, NH Metro Area
Even conditions for buyers and sellers
34 days
Average time to sell
Average
10.5%
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 Concord, NH metro data
🏠

Property Strategy for 03303

Which property type performs best in this market?

Best for Cash Flow
2BR
4.5% cap rate
Best for Appreciation
2BR
+11.7% 5yr CAGR
Best Overall Value
5BR
$115,357/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $324,911 $1,600 3.5% +11.3% $324,911
2BR $334,202 $2,100 4.5% +11.7% $167,101
3BR $444,752 $2,770 4.5% +10.4% $148,251
4BR $490,968 $2,780 4.1% +10.7% $122,742
5BR $576,785 +10.8% $115,357

Market Trends

Home Value History (with trend line)

$458K$392K$326K$259K$193K$127KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,997$1,956$1,916$1,875$1,834$1,794Aug 2025Feb 2026Jul 2026

📊 How Does 03303 Compare?

Metric 03303 Boscawen Concord, NH New Hampshire
Home Value $433,888 $433,888 N/A $496,656
5-Year CAGR 8.1% 8.1% N/A 9.6%
Avg Rent $1,929 $1,929 N/A -
Cap Rate 3.5% 3.5% - -
💡 Why Invest in 03303? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 03303 (Boscawen, NH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+8.1%
Strong

📉 Market Crash Risk Index

Based on Concord, NH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
36%
Days Pending
0/2
34 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $433,888
Monthly Rent $1,929
Price-to-Rent 18.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.5%
5-Year IRR 11.6%

📈 Home Appreciation

1-Year +5.6% ▲
3-Year CAGR +6.5% ▲
5-Year CAGR +8.1% ▲
10-Year CAGR +9.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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
4.3%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+8.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03303

Population: 16,368

💰 Median Household Income
$81,992
This area
$81,992
State
$93,430
USA
$74,580
🏠 Renter Occupied
31.4%
This area
31.4%
State
18.9%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-6.0%
USA
3.7%
🎓 College Educated
30.9%
This area
30.9%
State
29.2%
USA
33.7%
👤 Median Age
40.9 years
This area
40.9 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
4.3%
This area
4.3%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 92.9%
Other/Mixed 3.2%
Black/African American 2.4%
Hispanic/Latino 1.6%
Asian 1.5%
👶 Under 18
20.6%
This area
20.6%
USA
22.0%
👴 65 and Over
16.1%
This area
16.1%
USA
17.3%
📊 Poverty Rate
3.6%
This area
3.6%
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 03303

A Avg School Grade
6 Schools
13.2:1 Avg Class Size
$20,788 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Merrimack Valley Middle School

📚 06 – 08 Middle
👥
479 Students
👨‍🏫
11.7:1 Class Size
💰
$20,788 Per Student
A+ Excellent

Penacook Elementary School

📚 Pre-K – 05 Elementary
👥
315 Students
👨‍🏫
10.5:1 Class Size
💰
$20,788 Per Student
A+ Excellent

Boscawen Elementary School

📚 Pre-K – 05 Elementary
👥
236 Students
👨‍🏫
10.8:1 Class Size
💰
$20,788 Per Student
A+ Excellent

Merrimack Valley High School

📚 09 – 12 High School
👥
756 Students
👨‍🏫
14.0:1 Class Size
💰
$20,788 Per Student
A Very Good

Webster Elementary School

📚 K – 05 Elementary
👥
88 Students
👨‍🏫
11.1:1 Class Size
💰
$20,788 Per Student
C Below Average

CSI Charter School

📚 09 – 12 High School Charter
👥
47 Students
👨‍🏫
21.4:1 Class Size
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

5 Nearby 765 Off-Campus Students
C+
Magdalen College
58 students · 8.3 mi
C
NHTI-Concord's Community College
2,613 students · 8.7 mi
C
University of New Hampshire-Franklin Pierce School of Law
685 students · 8.9 mi
D
University System of New Hampshire System Office
0 students · 10.7 mi
D
New England College
2,856 students · 11.3 mi

Investor Insight: With 765 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What do rentals go for in Boscawen, NH?

Rental rates in Boscawen, NH average $1,929/mo. Tenant demand and $434K home values make the yield look reasonable by investor standards.

What is the tenant pool like in Boscawen, NH?

Expect a solid tenant pool in Boscawen, NH. The rental market absorbs $1,929/mo rents without meaningful friction.

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

Boscawen, NH rates 3.0/5 for investability. With median values at $434K and rents near $1,929/mo, the market offers reasonable fundamentals for rental investors.

Can owner-occupants cash flow in Boscawen, NH?

Boscawen, NH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,929/mo rent level.

Should investors worry about vacancy in Boscawen, NH?

Boscawen, NH sees elevated vacancy, which is reasonable relative to the broader NH rental market.

You know 03303 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03303 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 03303 ranks in Concord, NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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