HousingHandbookReference data

U.S. ZIP Code · NH03848

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

Typical home value

$569,396[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.6%
5-year / yr
+7.2%
10-year / yr
+8.1%

Relative price

vs U.S.
+100.4%
vs metro
-21.6%
vs state
+19.3%
ZIP 03848 location in NH
Location of ZIP 03848 in NH

Price history

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

The typical home in 03848 is worth $569,396 — 21.6% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 2.6%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.6%[3]
Typical annual tax
$9,283[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
6,275[3]
Median household income
$105,330[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
3
Elementary
1
Middle
1
High
1
  • Sanborn Regional High School

    High · Grades 9–12 · Sanborn Regional School District

    521 students

  • Daniel J. Bakie School

    Elementary · Grades PK–2 · Sanborn Regional School District

    319 students

  • Sanborn Regional Middle School

    Middle · Grades 6–8 · Sanborn Regional School District

    245 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 yield
Net yield (after ~40% expenses)
Annual rent

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$2,879
Loan principal$455,517
Down payment$113,879
Total interest paid$580,987

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 ratio
Monthly cost to own$4,127
Monthly rent

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
86th percentile[1]
Rental yield
[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 03848?
The typical home in 03848 is worth $569,396, based on the Zillow Home Value Index.
Are home values rising in 03848?
Home values in 03848 are up 2.6% over the past year, and up 7.2% a year over five years.
What is the property tax rate in 03848?
The effective property tax rate in 03848 is 1.6% — roughly $9,283 a year on a typical home.
Who lives in 03848?
ZIP code 03848 has a population of 6,275 and a median household income of $105,330.

#Comparable ZIPs

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

  • Devens CDP, MA

    Typical home
    $569,379
    Gross yield
  • Framingham, MA

    Typical home
    $569,324
    Gross yield
    4.9%
  • MA

    Typical home
    $568,079
    Gross yield
  • Middleborough Center CDP, MA

    Typical home
    $567,199
    Gross yield
    4.5%
  • NH

    Typical home
    $572,150
    Gross yield
  • Haverhill, MA

    Typical home
    $565,583
    Gross yield
    5.4%

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