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West Central Reporter

Monday, November 25, 2024

Pricing for the median home in Bowen increased during 2017

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The median sale price of a home sold in 2017 in Bowen rose by $9,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through December of 2017, there were eight homes sold, with a median sale price of $29,500 - a 47.5% increase over the $20,000 median sale price for the previous year. There were 12 homes sold in Bowen in 2016.

The median sales tax in Bowen for 2017 was $773. In 2016, the median sales tax was $763. This marks an increase of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Bowen to other Hancock County cities in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Hamilton4452-15.4%$76,000$78,500-3.2%
Nauvoo2110110%$75,000$78,000-3.8%
Dallas City614-57.1%$67,500$38,95073.3%
Warsaw1729-41.4%$67,500$40,00068.8%
Carthage413420.6%$55,000$66,250-17%
La Harpe201533.3%$49,000$50,000-2%
Augusta617-64.7%$37,250$60,000-37.9%
Plymouth415-73.3%$30,000$13,000130.8%
Bowen812-33.3%$29,500$20,00047.5%

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