Real Estate Investing in Kingston, New Hampshire (03848)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03848 (Kingston, 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 price-to-rent: Price-to-rent ratio 29.8 — 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 Kingston, NH (03848)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03848 Kingston
ZIP 03848 inside Rockingham County looks affordable on the surface — median value of $583K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 03848 can be a an appealing option for hunting ground — but the discount at $583K reflects genuine risk that outside investors often underestimate.
ZIP 03848's metrics run below Rockingham County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 03848 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.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Kingston:
Property Strategy for 03848
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $342,873 | $1,380 | 2.9% | +11.5% | $342,873 |
| 2BR | $456,093 | $1,810 | 2.9% | +9.3% | $228,047 |
| 3BR | $582,544 | $2,190 | 2.7% | +9.3% | $194,181 |
| 4BR | $710,825 | $2,480 | 2.5% | +10.0% | $177,706 |
Market Trends
Home Value History (with trend line)
📊 How Does 03848 Compare?
| Metric | 03848 | Kingston | New Hampshire |
|---|---|---|---|
| Home Value | $582,883 | $582,883 | $496,656 |
| 5-Year CAGR | 7.5% | 7.5% | 9.6% |
| Avg Rent | $1,629 | $1,629 | - |
| Cap Rate | 2.2% | 2.2% | - |
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 03848 (Kingston, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $582,883 |
| Monthly Rent | $1,629 |
| Price-to-Rent | 29.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 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 (2.2%). 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 03848
Population: 6,261
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 03848
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Danville Elementary School
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
What are rental rates like in Kingston, NH?
Average rent in Kingston, NH is approximately $1,629/mo per month. Against $583K home values that yields a reasonable rent-to-price ratio.
How high is vacancy risk in Kingston, NH?
Vacancy risk in Kingston, NH is elevated. That supports reliable cash flow for typical rental holds.
What kind of market is Kingston, NH for investors?
Investors tracking Kingston, NH will find a 3.0/5 rating supported by $583K median home values and $1,629/mo rents. That profile suits long-term holders targeting stable returns.
Is Kingston, NH a good market for FHA house hackers?
Kingston, NH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $583K price point reasonable to enter.
How do experienced investors play Kingston, NH?
The best-fit strategy in Kingston, NH is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 03848 now. You don’t know where it ranks.
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How 03848 ranks in Boston-Cambridge-Newton, MA-NH
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