HousingHandbookReference data

U.S. ZIP Code · NH03431

Cheshire County

Typical home value

$350,253[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.5%
5-year / yr
+9.0%
10-year / yr
+7.6%

Relative price

vs U.S.
+23.3%
vs metro
vs state
-26.6%
ZIP 03431 location in NH
Location of ZIP 03431 in NH

Price history

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

The typical home in 03431 is worth $350,253. Over the past year, values have risen 4.5%. Homes here rent for a typical $1,878 a month — a 6.4% gross rental yield. The effective property tax rate is 2.3%.

#Rent & investment

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

Monthly rent
$1,878[2]
Gross yield
6.4%[2]
Cap rate
3.9%[2]

#Property tax

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

Effective tax rate
2.3%[3]
Typical annual tax
$7,988[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
25,065[3]
Median household income
$79,541[3]

#Migration

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

Net migration
+177[5]
Moved in
2,032
Moved out
1,855

Schools

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

Public schools
11
Elementary
6
Middle
1
High
3
  • Keene High School

    High · Grades 9–12 · Keene School District

    1,328 students

  • Keene Middle School

    Middle · Grades 6–8 · Keene School District

    601 students

  • Symonds Elementary School

    Elementary · Grades K–5 · Keene School District

    303 students

  • Fuller Elementary School

    Elementary · Grades K–5 · Keene School District

    284 students

  • Gathering Waters Charter School (E)

    Elementary · Grades K–8 · Gathering Waters Charter School

    216 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.

Gross yield6.4%
Net yield (after ~40% expenses)3.9%
Annual rent$22,535

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.

Monthly payment$1,771
Loan principal$280,203
Down payment$70,051
Total interest paid$357,383

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.

Own : rent ratio1.45
Monthly cost to own$2,728
Monthly rent$1,878

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
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 03431?
The typical home in 03431 is worth $350,253, based on the Zillow Home Value Index.
Are home values rising in 03431?
Home values in 03431 are up 4.5% over the past year, and up 9.0% a year over five years.
What is the typical rent in 03431?
A typical home in 03431 rents for about $1,878 a month, a gross rental yield of 6.4%.
What is the property tax rate in 03431?
The effective property tax rate in 03431 is 2.3% — roughly $7,988 a year on a typical home.
Who lives in 03431?
ZIP code 03431 has a population of 25,065 and a median household income of $79,541.

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