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Thursday, December 26, 2024

South Bowers home prices fall in 2019

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The median sale price of a home sold in 2019 in South Bowers fell by $19,000 while total sales decreased by 9.1%, according to BlockShopper.com.

From January through December of 2019, there were 10 homes sold, with a median sale price of $113,000 - a 14.4% decrease over the $132,000 median sale price for the previous year. There were 11 homes sold in South Bowers in 2018.

The median sales tax in South Bowers for the most recent year with available data, 2015, was $347, approximately 0.3% of the median home sale price for 2019.

The following table compares South Bowers to other Kent County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Pine Ridge10742.9%$142,400$118,12520.6%
Hall Estates330%$138,000$180,000-23.3%
Summerfield Village3250%$135,000$163,000-17.2%
Star Hill Village69-33.3%$127,581.50$130,000-1.9%
Houston322910.3%$116,750$130,000-10.2%
South Bowers1011-9.1%$113,000$132,000-14.4%
Woodside East2939-25.6%$110,000$110,0000%
Star Hill69-33.3%$107,706$145,000-25.7%
Lucky Estates312-75%$102,000$151,750-32.8%
Voshell Cove770%$91,750$158,900-42.3%
Leipsic49-55.6%$74,520$100,000-25.5%

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