Real Estate Investing in Hampton Falls, New Hampshire (03844)

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

Rockingham County • Population: 2,357 • Data updated: September 2026

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Should you buy in 03844 (Hampton Falls, 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 price-to-rent: Price-to-rent ratio 33.8 — 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 Hampton Falls, NH (03844)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $935,413
Avg Monthly Rent $2,304
1% Rule ✗ Does Not Meet
Median Income $152,045
% Renters 11.1%

Market Analysis: 03844 Hampton Falls

The 03844 ZIP covers a section of Hampton Falls that demands careful diligence. Prices near $935K look accessible, but the work to make a deal cash flow is real.

Rent of $2,304/mo on a $935K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 03844 sits below the stated 0.0% once reality is priced in.

The gap between 03844 and stronger Hampton Falls ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 03844 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategically, 03844 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.

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 Hampton Falls:

C+ Average
Buy Confidence Score: 60/100
Affordability
5/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.2× the median income
Value Trend
Rising (+6.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,304/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 03844

Which property type performs best in this market?

Best for Cash Flow
2BR
2.9% cap rate
Best for Appreciation
4BR
+11.7% 5yr CAGR
Best Overall Value
3BR
$272,429/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $633,470 $2,560 2.9% +10.8% $316,735
3BR $817,287 $3,130 2.8% +10.9% $272,429
4BR $1,144,994 $3,420 2.2% +11.7% $286,248

Market Trends

Home Value History (with trend line)

$986K$840K$695K$549K$403K$258KJul 2006Jul 2016Jul 2026

📊 How Does 03844 Compare?

Metric 03844 Hampton Falls New Hampshire
Home Value $935,413 $935,413 $496,656
5-Year CAGR 10.1% 10.1% 9.6%
Avg Rent $2,304 $2,304 -
Cap Rate 1.9% 1.9% -
💡 Why Invest in 03844? 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 03844 (Hampton Falls, NH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.9%
Low
5yr Growth
+10.1%
Strong

📊 Market Snapshot

Home Value $935,413
Monthly Rent $2,304
Price-to-Rent 33.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.0%
Cap Rate 1.9%
5-Year IRR 12.1%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR +9.1% ▲
5-Year CAGR +10.1% ▲
10-Year CAGR +9.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). 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
6.0%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+10.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03844

Population: 2,357

💰 Median Household Income
$152,045
This area
$152,045
State
$93,430
USA
$74,580
🏠 Renter Occupied
11.1%
This area
11.1%
State
18.9%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-6.0%
USA
3.7%
🎓 College Educated
55.9%
This area
55.9%
State
29.2%
USA
33.7%
👤 Median Age
46.2 years
This area
46.2 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
6.0%
This area
6.0%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 92.9%
Other/Mixed 5.5%
Hispanic/Latino 1.9%
Asian 1.4%
Black/African American 0.2%
👶 Under 18
19.1%
This area
19.1%
USA
22.0%
👴 65 and Over
20.8%
This area
20.8%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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 03844

A Avg School Grade
1 Schools
12.3:1 Avg Class Size
$37,995 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Lincoln Akerman School

📚 Pre-K – 08 School
👥
185 Students
👨‍🏫
12.3:1 Class Size
💰
$37,995 Per Student

Nearby Schools (4 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Adeline C. Marston School

📚 03 – 05 Elementary
📍 4 Marston Way, Hampton
👥
309 Students
👨‍🏫
10.3:1 Class Size
💰
$26,268 Per Student
A+ Excellent

Hampton Academy

📚 06 – 08 Middle
📍 29 Academy Ave., Hampton
👥
302 Students
👨‍🏫
8.6:1 Class Size
💰
$26,268 Per Student
A+ Excellent

Hampton Centre School

📚 Pre-K – 02 Elementary
📍 53 Winnacunnet Rd., Hampton
👥
293 Students
👨‍🏫
10.9:1 Class Size
💰
$26,268 Per Student
A+ Excellent

Winnacunnet High School

📚 09 – 13 High School
📍 1 Alumni Dr., Hampton
👥
1,055 Students
👨‍🏫
10.7:1 Class Size
💰
$25,798 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

5 Nearby 1,202 Off-Campus Students
C
Great Bay Community College
1,440 students · 11.0 mi
C
Paul Mitchell the School-Portsmouth
61 students · 12.1 mi
C
Northern Essex Community College
4,510 students · 12.2 mi
B
University of New Hampshire-Main Campus
13,626 students · 14.6 mi
C
Northpoint Bible College
128 students · 14.9 mi

Investor Insight: With 1,202 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Are renters plentiful in Hampton Falls, NH?

Tenant demand in Hampton Falls, NH is solid. The local workforce $2,304/mo rents across most rental classes.

Can I house hack in Hampton Falls, NH?

For house hackers, Hampton Falls, NH is a challenging. The $2,304/mo rent on a unit helps defray the mortgage on a $935K property.

How do home values compare in Hampton Falls, NH?

Hampton Falls, NH median home values land near $935K. That is reasonable territory for investors looking at $2,304/mo-per-month rentals.

How much is rent in Hampton Falls, NH?

Investors in Hampton Falls, NH typically see rents near $2,304/mo per month against $935K home values - a solid setup for rental cash flow.

Is Hampton Falls, NH landlord-friendly?

Hampton Falls, NH operates under NH law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.

You know 03844 now. You don’t know where it ranks.

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How 03844 ranks in Boston-Cambridge-Newton, MA-NH

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