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Wednesday, December 25, 2024

South Bowers home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in South Bowers rose by $126,001 while total sales increased by 25%, according to BlockShopper.com.

From October through December of 2019, there were five homes sold, with a median sale price of $248,000 - a 103.3% increase over the $122,000 median sale price for the same period of the previous year. There were four homes sold in South Bowers in the fourth quarter of 2018.

The median sales tax in South Bowers for the most recent year with available data, 2015, was $347, approximately 0.1% of the median home sale price for the fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Clayton5663-11.1%$278,933.50$205,00036.1%
Hammville220%$278,000$219,50026.7%
Garrison Lake Green56-16.7%$269,000$267,5000.6%
Lakeshore Village13-66.7%$264,900$249,9006%
Hidden Acres13-66.7%$257,900$237,0008.8%
South Bowers5425%$248,000$121,999.50103.3%
Big Oak Corners20-$248,000$0-
Planters Woods3250%$244,900$242,5001%
Bowers220%$242,850$347,500-30.1%
Chimney Hill34-25%$241,000$181,00033.1%
Eagles Nest41300%$236,500$230,0002.8%

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