Real Estate Investing in Harrisville, New Hampshire (03450)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03450 (Harrisville, 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: 39.7% 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 Harrisville, NH (03450)?
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Market Analysis: 03450 Harrisville
The 03450 ZIP in Harrisville, NH is a local-operator market. Outside capital chasing a $534K entry has to pair deep knowledge with the discount.
Turning to rents, the numbers look inviting — $534K purchase price, 0.0% nominal cap — the work to hit that pro forma in 03450 is substantial and deserves full respect.
Within NH, ZIP 03450 trails on several market indicators that neighboring Cheshire County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
A significant renter share of 7% in 03450 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 03450 is an operator game, not a passive one. Looking more closely, entry prices of $534K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Harrisville:
Property Strategy for 03450
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $483,255 | $2,260 | 3.4% | +11.1% | $241,627 |
| 3BR | $528,981 | $2,950 | 4.0% | +11.2% | $176,327 |
| 4BR | $711,451 | $2,990 | 3.0% | +11.9% | $177,863 |
Market Trends
Home Value History (with trend line)
📊 How Does 03450 Compare?
| Metric | 03450 | Harrisville | Keene, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $534,475 | $534,475 | N/A | $496,656 |
| 5-Year CAGR | 8.2% | 8.2% | N/A | 9.6% |
| Avg Rent | $2,034 | $2,034 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03450 (Harrisville, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $534,475 |
| Monthly Rent | $2,034 |
| Price-to-Rent | 21.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (3.0%). 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 03450
Population: 942
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 03450
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strong are rents in Harrisville, NH?
Investors in Harrisville, NH typically see rents near $2,034/mo per month against $534K home values - a solid setup for rental cash flow.
What is the median home value in Harrisville, NH?
Typical homes in Harrisville, NH go for around $534K. The 5-year CAGR of 0.0% reliable price movement.
What is the best play in Harrisville, NH?
For Harrisville, NH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is Harrisville, NH landlord-friendly?
NH ranks as a landlord-friendly state for landlord-tenant law. Harrisville generally follows the statewide framework, so landlords face reasonable operating rules.
How strong is Harrisville, NH for real estate investors?
Harrisville, NH rates 3.0/5 for investability. With median values at $534K and rents near $2,034/mo, the market offers reasonable fundamentals for rental investors.
You know 03450 now. You don’t know where it ranks.
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How 03450 ranks in Keene, NH
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