Real Estate Investing in Conway, New Hampshire (03813)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03813 (Conway, NH)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 29.8% 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 Conway, NH (03813)?
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Market Analysis: 03813 Conway
Investors eyeing 03813 need to respect the fundamentals at play. Home values of $444K come alongside slower price movement and elevated management overhead.
For an experienced owner, 03813 can be a a strong candidate for hunting ground — but the discount at $444K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 03813 among NH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 03813 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 03813 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 Conway:
Property Strategy for 03813
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $320,259 | $1,960 | 4.4% | +11.9% | $160,130 |
| 3BR | $440,275 | $2,700 | 4.4% | +10.8% | $146,758 |
| 4BR | $540,807 | $3,250 | 4.3% | +10.5% | $135,202 |
Market Trends
Home Value History (with trend line)
📊 How Does 03813 Compare?
| Metric | 03813 | Conway | New Hampshire |
|---|---|---|---|
| Home Value | $444,081 | $474,694 | $496,656 |
| 5-Year CAGR | 7.8% | 7.4% | 9.6% |
| Avg Rent | $1,764 | $1,566 | - |
| Cap Rate | 3.1% | 2.6% | - |
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 03813 (Conway, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $444,081 |
| Monthly Rent | $1,764 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 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 (3.1%). 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 03813
Population: 3,897
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 03813
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.
Frequently Asked Questions
How expensive is real estate in Conway, NH?
Homes in Conway, NH typically sell near $444K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
How do experienced investors play Conway, NH?
For Conway, NH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the typical renter like in Conway, NH?
The renter base in Conway, NH is reasonable for the $1,764/mo price point. Screening well and pricing to market typically yields consistent tenants.
Are eviction rules reasonable in Conway, NH?
Rental owners in Conway, NH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What kind of market is Conway, NH for investors?
Conway, NH scores 3.0/5 for investability. Home values sit at $444K and rents near $1,764/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 03813 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03813 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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