Housing in Bowen, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — May 2024

Median Sale Price

$118,000

Median List Price

N/A

Price Per Sq Ft

$51

Days on Market

114

Active Inventory

N/A

Price Trends

Source: Redfin
Sale Price 574.3%Apr 24May 24

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

102.7%

Seller's market

Sold Above Asking
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%Pending 0.0%Apr 24May 24

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$51

Sale $/SF 168.4%Apr 24May 24

Bowen vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Bowen is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$74,400

Median Rent

$539

Total Housing Units

215

Vacancy Rate

3.3%

Owner Occupied

85.6%

Renter Occupied

14.4%

Median Property Tax

$695

per year

Monthly Cost (w/ Mortgage)

$820

Housing Types

Single Family
81.4%
Multi-Family
9.3%
Mobile Home
9.3%

The current median sale price in Bowen, IL is $118,000 according to Redfin data. Homes spend a median of 114 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $51. The median rent is $539 per month (Census ACS). About 85.6% of housing units are owner-occupied. The median year homes were built is 1955. There are 215 total housing units.