How much is a home worth in ZIP code 03104?

The typical home in 03104 is worth $482,471, based on the Zillow Home Value Index.

Are home values rising in 03104?

Home values in 03104 are up 1.4% over the past year, and up 7.3% a year over five years.

What is the typical rent in 03104?

A typical home in 03104 rents for about $1,881 a month, a gross rental yield of 4.7%.

What is the property tax rate in 03104?

The effective property tax rate in 03104 is 1.6% — roughly $7,494 a year on a typical home.

ZIP code 03104 has a population of 35,237 and a median household income of $88,897.

HousingHandbookReference data

…

U.S. ZIP Code · NH03104

Hillsborough County · Manchester-Nashua, NH

Typical home value

$482,471^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.4%
5-year / yr: +7.3%
10-year / yr: +7.7%

Relative price

vs U.S.: +69.8%
vs metro: -6.0%
vs state: +1.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 03104 is worth $482,471 — 6.0% below the Manchester-Nashua, NH median. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,881 a month — a 4.7% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,881^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.6%^[3]
Typical annual tax: $7,494^[3]

#Climate risk

FEMA National Risk Index ratings for Hillsborough County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 35,237^[3]
Median household income: $88,897^[3]

#Migration

Household moves in and out of Hillsborough County over a year, from IRS tax-return data.

Net migration: +22^[5]
Moved in: 11,745
Moved out: 11,723

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 4
Middle: 2
High: 2

Manchester Central High School
High · Grades 9–12 · Manchester School District
1,127 students
Hillside Middle School
Middle · Grades 6–8 · Manchester School District
772 students
Weston Elementary School
Elementary · Grades PK–5 · Manchester School District
507 students
McDonough School
Elementary · Grades PK–5 · Manchester School District
457 students
Smyth Road School
Elementary · Grades PK–5 · Manchester School District
390 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$22,568

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,440

Loan principal$385,977

Down payment$96,494

Total interest paid$492,293

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.84

Monthly cost to own$3,465

Monthly rent$1,881

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 42nd percentile^[1]
Rental yield: 17th percentile^[2]
Property tax: 21st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for most populous in NHView list →

Frequently asked

How much is a home worth in ZIP code 03104?: The typical home in 03104 is worth $482,471, based on the Zillow Home Value Index.
Are home values rising in 03104?: Home values in 03104 are up 1.4% over the past year, and up 7.3% a year over five years.
What is the typical rent in 03104?: A typical home in 03104 rents for about $1,881 a month, a gross rental yield of 4.7%.
What is the property tax rate in 03104?: The effective property tax rate in 03104 is 1.6% — roughly $7,494 a year on a typical home.
Who lives in 03104?: ZIP code 03104 has a population of 35,237 and a median household income of $88,897.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

03048 vs 03104 →
Greenville CDP, NH
Typical home
$482,823
Gross yield
—
03071 vs 03104 →
NH
Typical home
$486,842
Gross yield
—
03047
NH
Typical home
$477,027
Gross yield
—
03458
Peterborough CDP, NH
Typical home
$473,187
Gross yield
—
03060
Nashua, NH
Typical home
$470,486
Gross yield
5.3%
03109
Manchester, NH
Typical home
$468,532
Gross yield
—

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#Jump to section

U.S. ZIP Code · NH03104

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