Real Estate Investing in Jackson, New Hampshire (03846)

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

Carroll County • Population: 1,043 • Data updated: September 2026

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Should you buy in 03846 (Jackson, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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: 53.0% 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 Jackson, NH (03846)?

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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 $649,601
Avg Monthly Rent $2,304
1% Rule ✗ Does Not Meet
Median Income $93,984
% Renters 23.1%

Market Analysis: 03846 Jackson

This part of Carroll County is not an easy win. The 03846 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Rent of $2,304/mo on a $650K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 03846 sits below the stated 0.0% once reality is priced in.

Nearby ZIPs in Jackson have seen price recovery that 03846 has not matched. Carroll County data supports the view that the spread is structural rather than temporary.

The 03846 ZIP's population of 1,043 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.

New investors are better served looking at Jackson's stable or hybrid ZIPs before stepping into 03846. The learning curve here is expensive when the lesson is wrong.

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 Jackson:

C Below Average
Buy Confidence Score: 55/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.9× the median income
Value Trend
Rising (+9.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,304/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Berlin, NH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.1%
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 Berlin, NH metro data
🏠

Property Strategy for 03846

Which property type performs best in this market?

Best for Cash Flow
4BR
4.1% cap rate
Best for Appreciation
3BR
+8.6% 5yr CAGR
Best Overall Value
4BR
$186,327/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $468,771 $2,560 3.9% +7.6% $234,386
3BR $621,845 $3,520 4.1% +8.6% $207,282
4BR $745,308 $4,240 4.1% +8.5% $186,327

Market Trends

Home Value History (with trend line)

$688K$576K$465K$353K$241K$129KJul 2006Jul 2016Jul 2026

📊 How Does 03846 Compare?

Metric 03846 Jackson Berlin, NH New Hampshire
Home Value $649,601 $649,601 N/A $496,656
5-Year CAGR 5.1% 5.1% N/A 9.6%
Avg Rent $2,304 $2,304 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 03846? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 03846 (Jackson, NH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+5.1%
Moderate

📉 Market Crash Risk Index

Based on Berlin, NH metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $649,601
Monthly Rent $2,304
Price-to-Rent 23.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 7.9%

📈 Home Appreciation

1-Year +9.3% ▲
3-Year CAGR +2.0% ▲
5-Year CAGR +5.1% ▲
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: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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
53.0%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 03846

Population: 1,043

💰 Median Household Income
$93,984
This area
$93,984
State
$93,430
USA
$74,580
🏠 Renter Occupied
23.1%
This area
23.1%
State
18.9%
USA
34.0%
💼 Unemployment Rate
1.3%
This area
1.3%
State
-6.0%
USA
3.7%
🎓 College Educated
57.2%
This area
57.2%
State
29.2%
USA
33.7%
👤 Median Age
53.8 years
This area
53.8 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
53.0%
This area
53.0%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 97.6%
Black/African American 2.4%
👶 Under 18
18.7%
This area
18.7%
USA
22.0%
👴 65 and Over
24.0%
This area
24.0%
USA
17.3%
📊 Poverty Rate
13.7%
This area
13.7%
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 03846

B+ Avg School Grade
1 Schools
12.7:1 Avg Class Size
$94,500 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Jackson Grammar School

📚 K – 06 School
👥
38 Students
👨‍🏫
12.7:1 Class Size
💰
$94,500 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.

Frequently Asked Questions

Is housing expensive in Jackson, NH?

Jackson, NH home values average about $650K. That price point suits investors targeting rentals with $2,304/mo in monthly income.

How deep is the rental pool in Jackson, NH?

The tenant pool in Jackson, NH is solid, supported by local employment and population fundamentals. Rents of $2,304/mo are well-absorbed by the market.

How high is vacancy risk in Jackson, NH?

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

How viable is house hacking in Jackson, NH?

House hacking in Jackson, NH is a challenging. With home values around $650K and rents at $2,304/mo, owner-occupants can offset a meaningful share of PITI.

Are eviction rules reasonable in Jackson, NH?

For rental operators, Jackson, NH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

You know 03846 now. You don’t know where it ranks.

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How 03846 ranks in Berlin, NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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