How much is a home worth in ZIP code 03878?

The typical home in 03878 is worth $444,907, based on the Zillow Home Value Index.

Are home values rising in 03878?

Home values in 03878 are up 2.8% over the past year, and up 7.7% a year over five years.

What is the typical rent in 03878?

A typical home in 03878 rents for about $1,694 a month, a gross rental yield of 4.6%.

What is the property tax rate in 03878?

The effective property tax rate in 03878 is 2.1% — roughly $9,186 a year on a typical home.

ZIP code 03878 has a population of 12,205 and a median household income of $75,136.

HousingHandbookReference data

…

U.S. ZIP Code · NH03878

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

Typical home value

$444,907^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.8%
5-year / yr: +7.7%
10-year / yr: +8.6%

Relative price

vs U.S.: +56.6%
vs metro: -38.7%
vs state: -6.7%

Price history

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

The typical home in 03878 is worth $444,907 — 38.7% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 2.8%. Homes here rent for a typical $1,694 a month — a 4.6% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

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

Monthly rent: $1,694^[2]
Gross yield: 4.6%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 2.1%^[3]
Typical annual tax: $9,186^[3]

#Climate risk

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

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

#Who lives here

Population: 12,205^[3]
Median household income: $75,136^[3]

#Migration

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

Net migration: +351^[5]
Moved in: 4,306
Moved out: 3,955

Schools

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

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

Somersworth High School
High · Grades 9–12 · Somersworth School District
410 students
Idlehurst Elementary School
Elementary · Grades PK–2 · Somersworth School District
329 students
Somersworth Middle School
Middle · Grades 6–8 · Somersworth School District
309 students
Maple Wood Elementary School
Elementary · Grades 3–5 · Somersworth School District
287 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 yield4.6%

Net yield (after ~40% expenses)2.7%

Annual rent$20,333

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$2,250

Loan principal$355,925

Down payment$88,981

Total interest paid$453,963

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 ratio2.00

Monthly cost to own$3,384

Monthly rent$1,694

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: 92nd percentile^[1]
Rental yield: 49th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 03878?: The typical home in 03878 is worth $444,907, based on the Zillow Home Value Index.
Are home values rising in 03878?: Home values in 03878 are up 2.8% over the past year, and up 7.7% a year over five years.
What is the typical rent in 03878?: A typical home in 03878 rents for about $1,694 a month, a gross rental yield of 4.6%.
What is the property tax rate in 03878?: The effective property tax rate in 03878 is 2.1% — roughly $9,186 a year on a typical home.
Who lives in 03878?: ZIP code 03878 has a population of 12,205 and a median household income of $75,136.

#Comparable ZIPs

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

01850 vs 03878 →
Lowell, MA
Typical home
$448,725
Gross yield
—
03851 vs 03878 →
Milton CDP, NH
Typical home
$457,989
Gross yield
—
03835
Farmington CDP, NH
Typical home
$422,300
Gross yield
—
03887
Union CDP, NH
Typical home
$421,326
Gross yield
—
01901
Lynn, MA
Typical home
$469,676
Gross yield
—
03839
Rochester, NH
Typical home
$419,452
Gross yield
—

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#Jump to section

U.S. ZIP Code · NH03878

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