Bowen, IL Foreclosures
How much do homes sell for in Bowen, IL?
The average home price is currently $84,613.
What’s the average rental cost in Bowen, IL?
The average rental price in Bowen is $963.
What is the most expensive home in Bowen?
The most expensive home sold in Bowen had a price of $376,113.
What is currently the cheapest priced home in Bowen, IL?
The cheapest home for sale in Bowen is priced at $21,204.
Living in Bowen, IL
Bowen, IL is a serene and friendly village in Hancock County, known for its agricultural roots and picturesque landscapes. It offers a quiet lifestyle with a strong community atmosphere and access to outdoor activities. Residents enjoy small-town living while being close to larger urban amenities in nearby towns.
Current Market Conditions in Bowen, IL
The real estate market in Bowen is currently showing signs of stability, with home prices remaining relatively consistent over the past few months. The demand for homes in Bowen has been steady, appealing to families and retirees looking for a tranquil environment. The rural charm and community-oriented lifestyle continue to attract potential buyers.
Although the overall market remains stable, there are fluctuations in specific price ranges as newly listed homes either retain interest or linger on the market depending on their condition and pricing. Compared to larger urban centers, Bowen's market offers affordability, making it an attractive option for those seeking property in the area.
Home Value Estimator For Bowen, IL
There are currently 206 real estate properties
in Bowen, IL,
with a median automated valuation model (AVM) price
of $73,140.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bowen, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Bowen, IL,
is $84,613.00, with the most expensive house
in Bowen, IL, topping out
at $376,113.00 and the cheapest home
in Bowen, IL,
clocking in at $21,204.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bowen, IL!
Rent Prices
In Bowen, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bowen, IL, is on
a rollercoaster ride. The
average rent price in Bowen, IL,
is $963.00. Indeed, when looking to rent in
Bowen, IL, you can expect to pay as little
as $730.00 or as much
as $1,780.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Bowen, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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