How much is a home worth in ZIP code 03842?

The typical home in 03842 is worth $624,493, based on the Zillow Home Value Index.

Are home values rising in 03842?

Home values in 03842 are up 3.4% over the past year, and up 6.5% a year over five years.

What is the typical rent in 03842?

A typical home in 03842 rents for about $2,050 a month, a gross rental yield of 3.9%.

What is the property tax rate in 03842?

The effective property tax rate in 03842 is 1.1% — roughly $7,030 a year on a typical home.

ZIP code 03842 has a population of 16,324 and a median household income of $95,422.

HousingHandbookReference data

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U.S. ZIP Code · NH03842

Rockingham County · Boston-Cambridge-Newton, MA-NH

Typical home value

$624,493^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.4%
5-year / yr: +6.5%
10-year / yr: +6.8%

Relative price

vs U.S.: +119.8%
vs metro: -14.0%
vs state: +30.9%

Price history

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

The typical home in 03842 is worth $624,493 — 14.0% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 3.4%. Homes here rent for a typical $2,050 a month — a 3.9% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

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

Monthly rent: $2,050^[2]
Gross yield: 3.9%^[2]
Cap rate: 2.4%^[2]

#Property tax

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

Effective tax rate: 1.1%^[3]
Typical annual tax: $7,030^[3]

#Climate risk

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

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Relatively High
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Low
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 16,324^[3]
Median household income: $95,422^[3]

#Migration

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

Net migration: +392^[5]
Moved in: 9,839
Moved out: 9,447

Schools

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

Public schools: 4
Elementary: 2
Middle: 1
High: 1

Winnacunnet High School
High · Grades 9–13 · Winnacunnet Cooperative School District
1,055 students
Adeline C. Marston School
Elementary · Grades 3–5 · Hampton School District
309 students
Hampton Academy
Middle · Grades 6–8 · Hampton School District
302 students
Hampton Centre School
Elementary · Grades PK–2 · Hampton School District
293 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 yield3.9%

Net yield (after ~40% expenses)2.4%

Annual rent$24,600

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$3,158

Loan principal$499,594

Down payment$124,899

Total interest paid$637,205

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 ratio2.08

Monthly cost to own$4,266

Monthly rent$2,050

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: 72nd percentile^[1]
Rental yield: 28th percentile^[2]
Property tax: 56th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 03842?: The typical home in 03842 is worth $624,493, based on the Zillow Home Value Index.
Are home values rising in 03842?: Home values in 03842 are up 3.4% over the past year, and up 6.5% a year over five years.
What is the typical rent in 03842?: A typical home in 03842 rents for about $2,050 a month, a gross rental yield of 3.9%.
What is the property tax rate in 03842?: The effective property tax rate in 03842 is 1.1% — roughly $7,030 a year on a typical home.
Who lives in 03842?: ZIP code 03842 has a population of 16,324 and a median household income of $95,422.

#Comparable ZIPs

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

01844 vs 03842 →
Methuen Town, MA
Typical home
$624,151
Gross yield
4.8%
01913 vs 03842 →
Amesbury Town, MA
Typical home
$624,917
Gross yield
5.0%
02188
Weymouth Town, MA
Typical home
$621,780
Gross yield
4.6%
01749
Hudson CDP, MA
Typical home
$621,266
Gross yield
4.8%
03290
NH
Typical home
$621,022
Gross yield
—
02151
Revere, MA
Typical home
$619,460
Gross yield
5.3%

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Pit ZIP 03842 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NH03842

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