$115,000
305 E 3rd St
Bowen, IL
4 bd2 ba936 sqft$123/ft²
House27,878 sqft lot
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Sarah Mitchell
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Compass Real Estate · Bowen, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Bowen, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Bowen, IL Housing Market & Real Estate
Balanced market
Housing market overview · Updated monthly ·
$109,500median sale price
How is the Bowen, IL housing market right now?
The median home sale price in Bowen, IL is $109,500. Homes sell in an average of 6 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bowen a buyer's or seller's market?
Balanced market6 avg. days on market
Bowen, IL is currently a balanced market and homes selling in about 6 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
6
Fast-moving
Active listings
—
Sale-to-list
98.2%
Below asking
What does the Bowen housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $109,500 |
| Average days on market | 6 days |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $107/sq ft |
| Homes sold (latest month) | 3 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Bowen by property type?
How the Bowen, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $109,500 | $107/sq ft | 3 | 6 days |
Source: Redfin · Updated monthly
The Bowen housing market is currently classified as a balanced market with a median sale price of $109,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 6 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Bowen
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Sale-to-list:98.2%
Who lives in Bowen?
Population
710
Median income
$70,263/yr
Median age
28.8 years
Owner-occupied
85.6%
College grads
16.0%
Avg commute
25.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Bowen?
Bowen is a community of approximately 1K residents with a median age of 28.8 years.The median household income is $70,263, which represents a working-class community with solid middle-income opportunities. 16.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bowen offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bowen?
1 schools tracked · 265 students
The largest public schools serving Bowen, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Southeastern Elementary School
Grades PK-6 · 265 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bowen, IL?
Want a head-to-head view? Compare Bowen side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Bowen?
The median home sale price in Bowen is $109,500, down 0.0% from last year.
How long do homes stay on market in Bowen?
Homes typically spend 6 days on market before going under contract.
What is the median income in Bowen?
The median household income is $70,263 per year.
How many homes are for sale in Bowen?
There are currently 1 homes listed for sale in Bowen, IL.
How much does a single-family home cost in Bowen?
The median single-family home price in Bowen, IL is $109,500 (about $107 per square foot).
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