Bow, NH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bow, NH Housing Market Trends

With a population of 7,980, 2,715 total housing units (homes and apartments), and a median house value of $413,064, 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 89.46% of the town's housing units. Other types of housing that are prevalent in Bow include large apartment complexes or high rise apartments ( 6.00%), row houses and other attached homes ( 3.62%).

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 89.39% of Bow's homes, and 79.27% 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 ( 18.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.77%). There's also some housing in Bow built before 1939 ( 8.31%).

Bow Home Appreciation Rates

Appreciation rates for homes in Bow have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 48.29%, which ranks in the top 40% nationwide. This equates to an annual average Bow house appreciation rate of 4.02%.

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 12.99%, which is higher than appreciation rates in 89.04% 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 3.97%, which equates to an annual appreciation rate of 16.84%.

Importantly, this makes Bow one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to New Hampshire, our data show that Bow's latest annual appreciation rate is higher than 50% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$413,064

Bow, NH HOME PRICES

> $1,310,000
0.0%
0.0%
$983,001 - $1,310,000
1.1%
1.1%
$655,001 - $983,000
5.0%
5.0%
$524,001 - $655,000
11.5%
11.5%
$393,001 - $524,000
40.6%
40.6%
$262,001 - $393,000
37.4%
37.4%
$131,001 - $262,000
3.9%
3.9%
$66,001 - $131,000
0.4%
0.4%
$0 - $66,000
0.2%
0.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NH

Value Relative To Nation

Number Of Homes And Apartments:
2,715

Bow Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
76.85% 2.69%
1
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,677 / per month

Homeownership Rate

Owners
89.4%
89.4%
Renters
10.6%
10.6%
Vacant
3.6%
3.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
18.8%
18.8%
1970 - 1999
58.1%
58.1%
1940 - 1969
14.8%
14.8%
1939 or Older
8.3%
8.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.5%
89.5%
Townhomes
3.6%
3.6%
Small Apt. Buildings
0.6%
0.6%
Apt. Complexes
6.0%
6.0%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.3%
0.3%
1 Bedroom
3.1%
3.1%
2 Bedrooms
11.8%
11.8%
3 Bedrooms
48.7%
48.7%
4 Bedrooms
30.6%
30.6%
5 or more bedrooms
5.5%
5.5%
0.0% 100.0%
% OF HOMES