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Wednesday, December 25, 2024

Bowers home prices rise in 2019

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The median sale price of a home sold in 2019 in Bowers rose by $337,000 while total sales decreased by 25%, according to BlockShopper.com.

From January through December of 2019, there were six homes sold, with a median sale price of $403,500 - a 506.8% increase over the $66,500 median sale price for the previous year. There were eight homes sold in Bowers in 2018.

The median sales tax in Bowers for the most recent year with available data, 2015, was $233, approximately 0.1% of the median home sale price for 2019.

The following table compares 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)
Bowers68-25%$403,500$66,500506.8%
Voshell Mill84100%$327,000$206,45058.4%
Dogwood Meadows913-30.8%$323,653$280,80015.3%
Cheswold Farms57-28.6%$315,000$265,90018.5%
Village at Chestnut Ridge4374-41.9%$313,432$301,6943.9%
Quails Nest48-50%$312,500$288,5508.3%
Moores Lake Development48-50%$310,000$344,150-9.9%
Brenford712-41.7%$305,000$276,50010.3%
Hickory Ridge710-30%$305,000$267,45014%
Magnolia178191-6.8%$300,308.50$280,0007.3%
Rising Sun-Lebanon816819.1%$299,555$282,6506%

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