HousingHandbookReference data

U.S. ZIP Code · NH03887

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

Typical home value

$421,326[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.0%
5-year / yr
+8.8%
10-year / yr
+9.0%

Relative price

vs U.S.
+48.3%
vs metro
-42.0%
vs state
-11.7%
ZIP 03887 location in NH
Location of ZIP 03887 in NH

Price history

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

The typical home in 03887 is worth $421,326 — 42.0% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 1.0%. The effective property tax rate is 1.7%.

#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
1.7%[3]
Typical annual tax
$7,161[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
1,739[3]
Median household income
$91,875[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
1
Elementary
1
Middle
0
High
0
  • Middleton Elementary School

    Elementary · Grades PK–6 · Middleton School District

    152 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$2,130
Loan principal$337,061
Down payment$84,265
Total interest paid$429,903

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$3,078
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
97th percentile[1]
Rental yield
[2]
Property tax
96th percentile[3]

Frequently asked

How much is a home worth in ZIP code 03887?
The typical home in 03887 is worth $421,326, based on the Zillow Home Value Index.
Are home values rising in 03887?
Home values in 03887 are up 1.0% over the past year, and up 8.8% a year over five years.
What is the property tax rate in 03887?
The effective property tax rate in 03887 is 1.7% — roughly $7,161 a year on a typical home.
Who lives in 03887?
ZIP code 03887 has a population of 1,739 and a median household income of $91,875.

#Comparable ZIPs

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

  • Farmington CDP, NH

    Typical home
    $422,300
    Gross yield
  • Rochester, NH

    Typical home
    $419,452
    Gross yield
  • Milton Mills CDP, NH

    Typical home
    $414,332
    Gross yield
  • Rochester, NH

    Typical home
    $413,958
    Gross yield
  • Somersworth, NH

    Typical home
    $444,907
    Gross yield
    4.6%
  • Rochester, NH

    Typical home
    $397,358
    Gross yield

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