Bow, WA—98232
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bow, WA
As of Oct '25, the median home price in Bow, WA is $842,000, with a year-over-year change of 1.9%. This indicates that home prices in Bow, WA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $842,000 | 1.9% |
| Single Family | $841,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $679,000 | 1.2% |
2 Bed | $768,000 | 2.0% |
3 Bed | $887,000 | 2.2% |
4 Bed | $969,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bow, WA
As of July '25, Rentcast reports the average rent in Bow, WA is $2,500, with a year-over-year rent change of 35.1%. Per bedroom, the median rent as of July '25 in Bow, WA is 2-bedrooms: $2,500. The most common rental property sizes in Bow, WA are 3-bedroom and 2-bedroom, accounting for 41.9% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bow, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bow, WA is 27. This is a decrease of -31.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,270,000 | -15.0% |
Listing Count | 14 | -17.0% |
| Listings as % of Homes | 0.1% | -17.0% |
Days on Market | 27 | -31.0% |
Demographics — Bow, WA
As of the latest ACS Survey released in 2023, Bow, WA has a population of 3,940, which has decreased by -13.3% over the past 5 years. Bow, WA is a less popular place for families, as children make up 14.2% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,940 | -13.3% |
% Under 18 | 14.2% | -31.4% |
% Seniors | 27.2% | 53.7% |
% WFH | 10.3% | 30.4% |
% w/ College Degree | 37.7% | 12.2% |
As of the latest ACS Survey released in 2023, Bow, WA is a predominantly white area, with 88.2% of the population identifying as white. The white population has grown by 18.9% in the last 5 years. The second most common race or ethnicity in Bow, WA is hispanic, making up 7.1% of the population. Foreign-born residents account for 6.8% of the population in Bow, WA, and this percentage has decreased by 56.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.2% | 18.9% |
% Black | 0.1% | -88.9% |
% Hispanic | 7.1% | -67.6% |
% Asian | 0.9% | 12.5% |
% Foreign Born | 6.8% | -56.4% |
Mortgage and Risk — Bow, WA
According to HUD data as of 2023, there were 80 mortgage originations in Bow, WA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Bow, WA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 80 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Bow, WA
Bow, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,730 |
| 2 Bedroom | -$240 | $2,500 | $2,260 |
| 3 Bedroom | N/A | N/A | $3,170 |
| 4 Bedroom | N/A | N/A | $3,440 |
Affordability — Bow, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $842,000 |
| Median Household Income | $99,700 |