Real Estate Investing in Somersworth, New Hampshire (03878)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03878 (Somersworth, 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.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
What’s happening in Somersworth, NH (03878)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03878 Somersworth
Not every below-median market is a bargain. Somersworth's 03878 ZIP comes in at signals that favor experienced operators who can absorb the risk $453K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 03878 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 03878 among NH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A notable renter share of 35% in 03878 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 03878 is an operator game, not a passive one. On balance, entry prices of $453K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Somersworth:
Property Strategy for 03878
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $369,416 | $2,000 | 3.9% | +8.6% | $184,708 |
| 3BR | $449,534 | $2,460 | 3.9% | +9.8% | $149,845 |
| 4BR | $439,231 | $2,680 | 4.4% | +9.6% | $109,808 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 03878 Compare?
| Metric | 03878 | Somersworth | New Hampshire |
|---|---|---|---|
| Home Value | $452,951 | $452,951 | $496,656 |
| 5-Year CAGR | 7.5% | 7.5% | 9.6% |
| Avg Rent | $1,937 | $1,937 | - |
| Cap Rate | 3.3% | 3.3% | - |
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 03878 (Somersworth, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $452,951 |
| Monthly Rent | $1,937 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 (3.3%). 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.
Demographics in 03878
Population: 12,145
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 03878
Schools in This ZIP Code
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
What approach is best for Somersworth, NH real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Somersworth, NH. The numbers - $453K homes against $1,937/mo rents - support that play.
How much is rent in Somersworth, NH?
Rents in Somersworth, NH run near $1,937/mo. Compared with median home prices of $453K that produces solid gross yields for typical rentals.
Are eviction rules reasonable in Somersworth, NH?
For rental operators, Somersworth, NH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is house hacking profitable in Somersworth, NH?
House hacking works a challenging in Somersworth, NH. Rents of $1,937/mo against $453K acquisition make the strategy solid for owner-occupants.
Is Somersworth, NH a smart market for rental property?
With a 3.0/5 investability score, Somersworth, NH ranks as a solid market for rental property investors. Median prices of $453K and rents of $1,937/mo drive the underlying numbers.
You know 03878 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03878 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.
How 03878 ranks in Boston-Cambridge-Newton, MA-NH
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