The housing market in Bowman, MO is flourishing. According to the data, the median value of a house in Bowman is $74,300, which is significantly less than the US median value of $338,100. What's even more impressive is that the 1 year appreciation rate of housing in Bowman is an astounding 13.45%, while the US 1 year appreciation rate sits at 8.27%. This suggests that purchasing real estate in Bowman is a smart investment as it will likely lead to significant returns for homeowners down the road.
The median home cost in Bowman is $74,300. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Bowman is up 17.1%.
Average Age of Homes
- The median age of Bowman real estate is 52 years old
The Rental Market in Bowman
- Renters make up 8.6% of the Bowman population
- 4.8% of houses and apartments in Bowman, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.