Real Estate Investing in North Hampton, New Hampshire (03862)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03862 (North Hampton, 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: 12.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.7 — 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 North Hampton, NH (03862)?
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Market Analysis: 03862 North Hampton
The 03862 ZIP in North Hampton, NH is a local-operator market. Outside capital chasing a $938K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 03862 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 03862 sits on the difficult end of the NH spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 03862 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 03862 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.
Here's what matters if you're considering buying a home in North Hampton:
Property Strategy for 03862
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $606,375 | $2,740 | 3.3% | +9.3% | $303,187 |
| 3BR | $766,626 | $3,360 | 3.2% | +9.8% | $255,542 |
| 4BR | $1,251,944 | $3,670 | 2.1% | +11.6% | $312,986 |
| 5BR | $2,203,590 | — | — | +13.4% | $440,718 |
Market Trends
Home Value History (with trend line)
📊 How Does 03862 Compare?
| Metric | 03862 | North Hampton | New Hampshire |
|---|---|---|---|
| Home Value | $937,874 | $937,874 | $496,656 |
| 5-Year CAGR | 7.4% | 7.4% | 9.6% |
| Avg Rent | $2,466 | $2,466 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 03862 (North Hampton, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $937,874 |
| Monthly Rent | $2,466 |
| Price-to-Rent | 31.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (2.1%). 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 03862
Population: 4,563
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 03862
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Adeline C. Marston School
Hampton Academy
Hampton Centre School
Winnacunnet High 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
Investor Insight: With 869 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do landlord-tenant laws work in North Hampton, NH?
NH law landlord-friendly for landlords, and North Hampton inherits those rules. Investors should still review local ordinances for rental licensing.
What is the tenant pool like in North Hampton, NH?
The tenant pool in North Hampton, NH is solid, supported by local employment and population fundamentals. Rents of $2,466/mo are well-absorbed by the market.
How much should I expect to pay for a home in North Hampton, NH?
Typical homes in North Hampton, NH go for around $938K. The 5-year CAGR of 0.0% steady price movement.
How should investors approach North Hampton, NH?
In North Hampton, NH the solid play is typically careful cash-flow rentals with hands-on management. The combination of $938K prices and $2,466/mo rents suits that approach.
How much do tenants pay in North Hampton, NH?
Rent in North Hampton, NH is around $2,466/mo. The resulting rent-to-value relationship with $938K pricing is reasonable for most investor models.
You know 03862 now. You don’t know where it ranks.
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How 03862 ranks in Boston-Cambridge-Newton, MA-NH
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