The housing market in Bowen, ND is booming, with a median value of $199,300. This is significantly lower than the US median value of $338,100, but the one year house appreciation rate in Bowen is 12.36%, which is higher than the US national rate of 8.27%. This indicates that property values are increasing rapidly in Bowen and suggests that it is an attractive location for potential buyers looking for a great investment opportunity.
The median home cost in Bowen is $199,300. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Bowen is up 13.5%.
Average Age of Homes
- The median age of Bowen real estate is 44 years old
The Rental Market in Bowen
- Renters make up 15.2% of the Bowen population
- 0.0% of houses and apartments in Bowen, 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.