Bow, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Bow, NH Real Estate Data


Bow Housing Market Information

With 7,734 people, 2,777 houses or apartments, and a median cost of homes of $336,780, Bow house prices are not only among the most expensive in New Hampshire, Bow real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Bow, accounting for 92.23% of the town's housing units. Other types of housing that are prevalent in Bow include large apartment complexes or high rise apartments ( 4.65%), row houses and other attached homes ( 1.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bow. Owner-occupied housing accounts for 88.58% of Bow's homes, and 76.79% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bow built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bow built between 2000 and later ( 16.36%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.99%). There's also some housing in Bow built before 1939 ( 7.03%).

Bow Home Appreciation Rates

Bow's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bow during the period has been just -1.27%, which is lower than 80% of US communities.

Appreciation rates are so strong in Bow that despite a nationwide downturn in the housing market, Bow real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bow appreciation rates continue to be some of the highest in America, at 6.23%, which is higher than appreciation rates in 77.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bow. Bow appreciation rates in the latest quarter were at 2.40%, which equates to an annual appreciation rate of 9.95%.

Relative to New Hampshire, our data show that Bow's latest annual appreciation rate is higher than 80% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$336,780

Bow, NH HOME PRICES

Value Range
> $1,116,000 0.0
$837,001 - $1,116,000 2.1
$558,001 - $837,000 4.1
$446,001 - $558,000 13.9
$335,001 - $446,000 28.2
$223,001 - $335,000 42.0
$112,001 - $223,000 8.8
$56,001 - $112,000 0.0
$0 - $56,000 0.9

Very High for NH
Very High for Nation

Value Relative to Nation Value Relative to State
13.5152544357908 19.1082802547771

Number Of Homes And Apartments:
2,777

Rent & Ownership

 

Average Market Rent:
$1,116 / per month

Homeownership Rate

Homeownership
Owners 88.58
Renters 11.42
Vacant 1.45

Housing Market Details

 

Age of Homes

AGE OF Bow HOMES
2000 or Newer 16.4
1970 - 1999 64.6
1940 - 1969 12.0
1939 or Older 7.0

Types of Homes

TYPE OF Bow HOMES
Single-Family 92.2
Townhomes 1.5
Small Apt. Buildings 1.4
Apt. Complexes 4.6
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Bow HOMES
No Bedroom 0.00
1 Bedroom 3.76
2 Bedrooms 13.95
3 Bedrooms 46.24
4 Bedrooms 30.55
5 or more bedrooms 5.50

Bow Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
29.42% 1.53% 1 3
* 10 is highest