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West Central Reporter

Sunday, June 8, 2025

Falling home prices in Bowen in the first quarter of 2021

Webp re 13

The median sale price of a home sold in the first quarter of 2021 in Bowen fell by $13,500 while total sales increased by 100%, according to BlockShopper.com.

From January through March of 2021, there were four homes sold, with a median sale price of $16,500 - a 45% decrease over the $30,000 median sale price for the same period of the previous year. There were two homes sold in Bowen in the first quarter of 2020.

The median sales tax in Bowen for the most recent year with available data, 2019, was $732, approximately 4.4% of the median home sale price for the first quarter of 2021.

The following table compares Bowen to other Hancock County cities in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Nauvoo82300%$200,000$41,000387.8%
Carthage45-20%$137,450$58,000137%
Warsaw102400%$75,000$54,25038.2%
La Harpe31200%$74,000$60,00023.3%
Hamilton10742.9%$65,500$81,000-19.1%
Dallas City330%$50,000$16,500203%
Bowen42100%$16,500$30,000-45%
Augusta31200%$10,500$100,000-89.5%
Plymouth31200%$8,500$9,000-5.6%

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