From January through March of 2019, there were two homes sold, with a median sale price of $45,500 - a 11% increase over the $41,000 median sale price for the same period of the previous year. There were two homes sold in Bowen in the first quarter of 2018, as well.
The median sales tax in Bowen for 2019 was $732. In 2018, the median sales tax was $754. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Bowen to other Hancock County cities in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| La Harpe | 2 | 6 | -66.7% | $65,678.50 | $47,500 | 38.3% |
| Carthage | 4 | 7 | -42.9% | $59,500 | $35,000 | 70% |
| Hamilton | 3 | 8 | -62.5% | $57,000 | $66,500 | -14.3% |
| Nauvoo | 4 | 2 | 100% | $50,000 | $62,500 | -20% |
| Bowen | 2 | 2 | 0% | $45,500 | $41,000 | 11% |
| Warsaw | 7 | 4 | 75% | $42,500 | $46,000 | -7.6% |
| Augusta | 1 | 2 | -50% | $21,000 | $28,500 | -26.3% |
| Dallas City | 3 | 1 | 200% | $18,800 | $34,000 | -44.7% |
| Plymouth | 2 | 1 | 100% | $17,800 | $7,500 | 137.3% |
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