The story of this market
The typical home in ZIP 03304 sells for about $627,853, or $235 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $1,539 a month.
ZIP 03304 — Bow
The 03304 housing market remains stable with high demand for single-family homes, driven by its reputation for quality schools and proximity to Concord. While inventory is tight, price growth has moderated compared to previous years, reflecting a balanced but competitive environment for buyers.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with high-quality schools and a short commute to Concord, while offering less appeal to investors due to tight cash-flow margins.
Median prices moved up 4.2% year over year.
Homes spend a median of 60 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.7% · poverty 2.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 03304, Merrimack County NH
Bow is generally considered to have a low crime rate, consistently ranking as one of the safer communities in Merrimack County compared to the neighboring city of Concord.
The area is served by the Bow School District, which is highly regarded for its academic performance and consistently receives high ratings from state and national educational benchmarks.
The region faces standard New England climate risks, including winter storm impacts and localized flooding near the Merrimack River, with property insurance premiums reflecting these regional hazard profiles.
Economic momentum is driven by its proximity to the state capital, Concord, and a mix of local professional services and light industrial sectors, with steady residential development.
Property taxes are assessed at the municipal level by the Town of Bow, which utilizes a local tax rate formula to fund town services and the school district; there is no state income tax on wages in New Hampshire.
Residents primarily commute by car to the Concord employment core, typically a 10-15 minute drive, with easy access to I-93 and I-89.
The area features extensive outdoor amenities including the Bow Town Forest, various hiking trails, and proximity to the Merrimack River for water-based recreation.
The rental market is characterized by low vacancy rates and high demand, with limited multi-family inventory making it a challenging environment for renters.
The economy is anchored by proximity to state government jobs in Concord, alongside local retail, professional services, and light manufacturing.
The area is heavily reliant on private vehicle transit, with I-93 and I-89 serving as the primary corridors for regional connectivity.
Development is focused on controlled residential expansion and small-scale commercial growth along the Route 3A corridor.
The Merrimack County assessment regime relies on periodic town-wide revaluations to ensure property assessments align with current market values.
Parcels are subject to the Bow School District and standard municipal tax levies; no major MUD/PID districts are present.
Property insurance remains stable, though premiums are influenced by regional wildfire and winter storm risk assessments.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mel's Funway Park4.217.9 mi
- Dave & Buster's Manchester4.213.6 mi
- Spooky World Presents Nightmare New England417.9 mi
- Cowabunga's Indoor Kids Play & Party Center - Manchester4.513.9 mi
- Sky Zone Trampoline Park4.211.5 mi
- Pats Peak Ski Area4.612.7 mi
- New Hampshire Motor Speedway4.616.4 mi
- SNHU Arena4.411.1 mi
- Deerfield Fair4.515.4 mi
- Crotched Mountain Ski and Ride4.318.7 mi
- Pats Peak Ski Area4.612.7 mi
- Apple Cinemas Hooksett IMAX4.28.4 mi
- Bear Brook State Park4.69 mi
- McIntyre Ski Area4.510.3 mi
- Massabesic Lake4.712 mi
- Currier Museum of Art4.710.5 mi
- McAuliffe-Shepard Discovery Center4.46.3 mi
- SEE Science Center4.510.8 mi
- Aviation Museum of New Hampshire4.715.5 mi
- Canterbury Shaker Village4.615.8 mi
- Bear Brook State Park4.69 mi
- Massabesic Lake4.712 mi
- Livingston Park4.69.7 mi
- White Park4.75.1 mi
- Clough State Park4.66 mi
- Riverside Outboards llc4.95.6 mi
- Pembroke Pines Country Club4.23.7 mi
- Derryfield Country Club4.311.3 mi
- Beaver Meadow Golf Course4.18.7 mi
- X-Golf Bedford Indoor Golf & Bar4.912.1 mi
- Manchester-Boston Regional Airport4.615.2 mi
- Royal Airport Car Service ®4.95.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large conservation area with extensive hiking and cross-country skiing trails.
Provides access to fishing, kayaking, and scenic riverfront views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.