03740, Bath, NH

The 3740 zip code of Bath, NH has a median home value of $211,500 and a median home equity value of $101,500. This means that the majority of homes in this zip code are worth more than their mortgage balances and have some equity remaining. Additionally, the average home price in this zip code has increased by 7.5% over the past year, which is faster than the national average increase of 6.1%.

There are several factors that may be contributing to this uptick in home prices in Bath. First, there is an increasing demand for housing due to an influx of new residents and businesses into the area. Second, there is low unemployment and high job growth in Bath which may be attracting buyers who want to invest in property rather than rent or own outright. Finally, Bath is located within a desirable area with plenty of amenities such as excellent schools and recreational opportunities. These factors may be leading some homeowners to sell their homes for higher prices than they originally purchased them for, or inducing others to invest more money into their homes so that they can enjoy increased rental or capital gains potential over time.