Real Estate Investing in Winchester, New Hampshire (03470)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03470 (Winchester, 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: 13.6% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Winchester, NH (03470)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03470 Winchester
Investors eyeing 03470 need to respect the fundamentals at play. Home values of $344K come alongside slower price movement and elevated management overhead.
For an experienced owner, 03470 can be a a strong candidate for hunting ground — but the discount at $344K reflects genuine risk that outside investors often underestimate.
Within NH, ZIP 03470 trails on several market indicators that neighboring Cheshire County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The demographic picture in 03470 includes headwinds that any investor should price in. Income distribution skews lower than Winchester averages, and tenant stability requires active management.
Strategically, 03470 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Winchester:
Property Strategy for 03470
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $232,438 | $1,300 | 4.0% | +11.5% | $232,438 |
| 2BR | $294,661 | $1,710 | 4.2% | +11.9% | $147,331 |
| 3BR | $342,195 | $2,240 | 4.7% | +12.0% | $114,065 |
| 4BR | $383,152 | $2,260 | 4.2% | +11.5% | $95,788 |
Market Trends
Home Value History (with trend line)
📊 How Does 03470 Compare?
| Metric | 03470 | Winchester | Keene, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $343,656 | $304,308 | N/A | $496,656 |
| 5-Year CAGR | 8.9% | 8.4% | N/A | 9.6% |
| Avg Rent | $1,539 | $1,539 | N/A | - |
| Cap Rate | 3.5% | 4.0% | - | - |
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 03470 (Winchester, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $343,656 |
| Monthly Rent | $1,539 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +8.9% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 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 (3.5%). 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.
Demographics in 03470
Population: 5,038
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 03470
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
Which investment style suits Winchester, NH?
In Winchester, NH the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $344K prices and $1,539/mo rents suits that approach.
What is the typical renter like in Winchester, NH?
Tenant demand in Winchester, NH is solid. The local workforce $1,539/mo rents across most rental classes.
Where do home prices stand in Winchester, NH?
Typical homes in Winchester, NH go for around $344K. The 5-year CAGR of 0.0% even-keeled price movement.
Can I house hack in Winchester, NH?
The house hack math a challenging in Winchester, NH. Owner-occupant buyers benefit from the $1,539/mo rents and $344K home values.
What is the investability score for Winchester, NH?
The 3.0/5 investability rating in Winchester, NH reflects its $344K prices and $1,539/mo rents. Investors generally consider it a solid option within NH.
You know 03470 now. You don’t know where it ranks.
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How 03470 ranks in Keene, NH
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