From January through December of 2018, there were seven homes sold, with a median sale price of $48,000 - a 62.7% increase over the $29,500 median sale price for the previous year. There were eight homes sold in Bowen in 2017.
The median sales tax in Bowen for 2018 was $754. In 2017, the median sales tax was $773. This marks an decrease of 2.5%. 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 2018:
City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hamilton | 44 | 44 | 0% | $75,500 | $76,000 | -0.7% |
Nauvoo | 12 | 21 | -42.9% | $74,000 | $75,000 | -1.3% |
Carthage | 47 | 41 | 14.6% | $58,000 | $55,000 | 5.5% |
Warsaw | 21 | 17 | 23.5% | $50,000 | $67,500 | -25.9% |
Augusta | 11 | 6 | 83.3% | $49,000 | $37,250 | 31.5% |
Bowen | 7 | 8 | -12.5% | $48,000 | $29,500 | 62.7% |
Dallas City | 11 | 6 | 83.3% | $30,000 | $67,500 | -55.6% |
La Harpe | 18 | 20 | -10% | $27,500 | $49,000 | -43.9% |
Plymouth | 5 | 4 | 25% | $15,000 | $30,000 | -50% |