Real Estate Investing in Nelson, New Hampshire (03457)

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

Cheshire County • Population: 720 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 03457 (Nelson, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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
1 flag
  • High vacancy: 42.7% 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 Nelson, NH (03457)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
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 $509,258
Avg Monthly Rent $1,872
1% Rule ✗ Does Not Meet
Median Income $92,143
% Renters 10.7%

Market Analysis: 03457 Nelson

ZIP 03457 in Nelson, NH carries a significant set of headwinds. Home values near $509K and rents of $1,872/mo sit inside a market where underwriting has to be tight.

In practical terms, the numbers look inviting — $509K purchase price, 0.0% nominal cap — the work to hit that pro forma in 03457 is substantial and deserves full respect.

Within NH, ZIP 03457 trails on several market indicators that neighboring Cheshire County submarkets outperform. The gap is real and resilient enough to shape underwriting.

The demographic picture in 03457 includes headwinds that any investor should price in. Income distribution skews lower than Nelson averages, and tenant stability requires active management.

Distressed ZIPs reward experience. healthy returns are possible in 03457, but they flow to investors who already understand how to operate in soft markets.

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 Nelson:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.5× the median income
Value Trend
Rising (+6.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,872/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
Keene, NH Metro Area
Even conditions for buyers and sellers
40 days
Average time to sell
Average
8.7%
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 Keene, NH metro data
🏠

Property Strategy for 03457

Which property type performs best in this market?

Best for Cash Flow
3BR
4.0% cap rate
Best for Appreciation
3BR
+9.6% 5yr CAGR
Best Overall Value
3BR
$162,406/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $440,636 $2,080 3.4% +9.5% $220,318
3BR $487,217 $2,720 4.0% +9.6% $162,406

Market Trends

Home Value History (with trend line)

$534K$463K$391K$320K$248K$177KJul 2006Jul 2016Jul 2026

📊 How Does 03457 Compare?

Metric 03457 Nelson Keene, NH New Hampshire
Home Value $509,258 $509,258 N/A $496,656
5-Year CAGR 7.3% 7.3% N/A 9.6%
Avg Rent $1,872 $1,872 N/A -
Cap Rate 2.9% 2.9% - -
💡 Why Invest in 03457? 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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 03457 (Nelson, NH). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 03457 (Nelson, NH)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+7.3%
Strong

📉 Market Crash Risk Index

Based on Keene, NH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
37%
Days Pending
0/2
40 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $509,258
Monthly Rent $1,872
Price-to-Rent 22.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.9%
5-Year IRR 10.2%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR +6.0% ▲
5-Year CAGR +7.3% ▲
10-Year CAGR +8.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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
42.7%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+7.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03457

Population: 720

💰 Median Household Income
$92,143
This area
$92,143
State
$93,430
USA
$74,580
🏠 Renter Occupied
10.7%
This area
10.7%
State
18.9%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-6.0%
USA
3.7%
🎓 College Educated
56.9%
This area
56.9%
State
29.2%
USA
33.7%
👤 Median Age
50.6 years
This area
50.6 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
42.7%
This area
42.7%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 94.8%
Other/Mixed 5.2%
Hispanic/Latino 2.5%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
25.1%
This area
25.1%
USA
17.3%
📊 Poverty Rate
1.9%
This area
1.9%
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 03457

A Avg School Grade
1 Schools
9.0:1 Avg Class Size
$39,131 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Nelson Elementary School

📚 K – 05 Elementary
👥
63 Students
👨‍🏫
9.0:1 Class Size
💰
$39,131 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

3 Nearby 8 Off-Campus Students
C+
Keene State College
2,846 students · 9.2 mi
D
Antioch University-New England
967 students · 9.6 mi
C
Keene Beauty Academy
93 students · 10.4 mi

Frequently Asked Questions

How much is rent in Nelson, NH?

Rents in Nelson, NH run near $1,872/mo. Compared with median home prices of $509K that produces solid gross yields for typical rentals.

How should investors approach Nelson, NH?

Most investors in Nelson, NH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

How does Nelson, NH stack up for property investment?

Yes - Nelson, NH a 3.0/5 investability score. With $509K home prices against $1,872/mo monthly rent, the market delivers a reasonable entry point for new investors.

How quickly do rentals get leased in Nelson, NH?

Vacancy risk in Nelson, NH is elevated. That supports measured cash flow for typical rental holds.

Can I live-in-and-rent in Nelson, NH?

House hacking in Nelson, NH is a challenging. With home values around $509K and rents at $1,872/mo, owner-occupants can offset a meaningful share of PITI.

You know 03457 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03457 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.

Compare Plans

How 03457 ranks in Keene, NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 03457 (Nelson)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 03457 (Nelson, NH).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.