Bowen, IL Foreclosures
How much do homes sell for in Bowen, IL?
The average home price is currently $86,910.
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 $375,199.
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 is a charming village in Illinois known for its rural charm, friendly community, and access to outdoor activities. With a small population, the area offers a peaceful lifestyle while still being close to larger towns for amenities. Ideal for families and those seeking a slower pace of life, Bowen is a hidden gem.
Current Market Conditions in Bowen, IL
The real estate market in Bowen, IL has shown signs of stability, with steady demand for homes in the area. Prices have remained affordable, attracting new families and individuals looking to settle in a quiet environment. The market caters primarily to buyers interested in single-family homes and land.
There has been a slight uptick in interest for properties in Bowen as remote work becomes more common, leading some to seek out quieter, rural settings away from the hustle and bustle of city life.
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 $75,288.00. 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 $86,910.00, with the most expensive house
in Bowen, IL, topping out
at $375,199.00 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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