Real Estate Investing in Madbury, New Hampshire (03823)

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

Strafford County • Population: 2,121 • Data updated: September 2026

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Should you buy in 03823 (Madbury, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

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
1 flag
  • High price-to-rent: Price-to-rent ratio 28.2 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Madbury, NH (03823)?

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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 $689,279
Avg Monthly Rent $2,034
1% Rule ✗ Does Not Meet
Median Income $165,583
% Renters 18.9%

Market Analysis: 03823 Madbury

Not every below-median market is a bargain. Madbury's 03823 ZIP clocks in at signals that favor experienced operators who can absorb the risk $689K pricing implies.

The investment case in 03823 is notable only for operators who understand what they are buying. A $689K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Madbury have seen price recovery that 03823 has not matched. Strafford County data supports the view that the spread is structural rather than temporary.

A robust renter share of 19% in 03823 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The 03823 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Madbury:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Stable (+2.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,034/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.
🏠

Property Strategy for 03823

Which property type performs best in this market?

Best for Cash Flow
3BR
3.1% cap rate
Best for Appreciation
4BR
+10.9% 5yr CAGR
Best Overall Value
4BR
$197,363/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $639,449 $2,770 3.1% +10.8% $213,150
4BR $789,453 $3,030 2.8% +10.9% $197,363

Market Trends

Home Value History (with trend line)

$728K$629K$530K$431K$332K$233KJul 2006Jul 2016Jul 2026

📊 How Does 03823 Compare?

Metric 03823 Madbury New Hampshire
Home Value $689,279 $689,279 $496,656
5-Year CAGR 6.3% 6.3% 9.6%
Avg Rent $2,034 $2,034 -
Cap Rate 2.3% 2.3% -
💡 Why Invest in 03823? 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.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 03823 (Madbury, NH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.3%
Low
5yr Growth
+6.3%
Strong

📊 Market Snapshot

Home Value $689,279
Monthly Rent $2,034
Price-to-Rent 28.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.5%
Cap Rate 2.3%
5-Year IRR 8.6%

📈 Home Appreciation

1-Year +2.9% ▲
3-Year CAGR +4.1% ▲
5-Year CAGR +6.3% ▲
10-Year CAGR +7.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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
3.8%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+6.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03823

Population: 2,121

💰 Median Household Income
$165,583
This area
$165,583
State
$93,430
USA
$74,580
🏠 Renter Occupied
18.9%
This area
18.9%
State
18.9%
USA
34.0%
💼 Unemployment Rate
1.6%
This area
1.6%
State
-6.0%
USA
3.7%
🎓 College Educated
57.4%
This area
57.4%
State
29.2%
USA
33.7%
👤 Median Age
37.7 years
This area
37.7 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.8%
This area
3.8%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 86.4%
Other/Mixed 8.9%
Asian 4.3%
Hispanic/Latino 3.9%
Black/African American 0.4%
👶 Under 18
26.4%
This area
26.4%
USA
22.0%
👴 65 and Over
10.2%
This area
10.2%
USA
17.3%
📊 Poverty Rate
1.6%
This area
1.6%
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 03823

A+ Avg School Grade
1 Schools
11.9:1 Avg Class Size
$30,376 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Moharimet School

📚 K – 04 Elementary
👥
298 Students
👨‍🏫
11.9:1 Class Size
💰
$30,376 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

4 Nearby 869 Off-Campus Students
B
University of New Hampshire-Main Campus
13,626 students · 2.7 mi
C
Empire Beauty School-Somersworth
168 students · 4.8 mi
C
Great Bay Community College
1,440 students · 10.1 mi
C
Paul Mitchell the School-Portsmouth
61 students · 11.4 mi

Investor Insight: With 869 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How deep is the rental pool in Madbury, NH?

Tenant quality in Madbury, NH ranks as solid. Landlords generally report predictable occupancy at market rents of $2,034/mo.

How does Madbury, NH rate as a rental market?

Yes - Madbury, NH a 3.0/5 investability score. With $689K home prices against $2,034/mo monthly rent, the market delivers a reasonable entry point for new investors.

How much does a house cost in Madbury, NH?

Madbury, NH median home values land near $689K. That is reasonable territory for investors looking at $2,034/mo-per-month rentals.

Is rental property easy to operate in Madbury, NH?

Madbury, NH falls under NH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

What kind of vacancy should I budget for in Madbury, NH?

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

You know 03823 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03823 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 03823 ranks in Boston-Cambridge-Newton, MA-NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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