Bowen, IL 62316 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bowen, IL—62316

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

N/A

Household Income

$67,900

26.6% YoY Growth

Days on Market

N/A

Home Price Forecast

N/A

Median Rent

$725

0.0% YoY Growth

1-Bed Rent

$725

0.0% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Bowen, IL

Bowen, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Bowen, IL

As of July '25, Rentcast reports the average rent in Bowen, IL is $725, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Bowen, IL is 1-bedrooms: $725. The most common rental property sizes in Bowen, IL are 2-bedroom and 1-bedroom, accounting for 58.9% and 32.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$725	$725
Studio Rent	N/A	N/A
1 Bed Rent	$725	$725
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

32.1%

2 Bedrooms

58.9%

3 Bedrooms

8.9%

Property Listings — Bowen, IL

Bowen, IL lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

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Demographics — Bowen, IL

As of the latest ACS Survey released in 2023, Bowen, IL has a population of 873, which has increased by 60.2% over the past 5 years. Bowen, IL is a popular place for families, as children make up 31.0% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	873	60.2%
% Under 18	31.0%	18.3%
% Seniors	14.1%	11.0%
% WFH	5.1%	104.0%
% w/ College Degree	12.7%	5.8%

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As of the latest ACS Survey released in 2023, Bowen, IL is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Bowen, IL is asian, making up 0.7% of the population. Foreign-born residents account for 0.2% of the population in Bowen, IL, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.0%	-7.0%
% Black	0.0%	-100.0%
% Hispanic	0.1%	∞%
% Asian	0.7%	∞%
% Foreign Born	0.2%	-50.0%

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Mortgage and Risk — Bowen, IL

Bowen, IL lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Bowen, IL

Bowen, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	12
Total Units Section 8	12
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$15	$725	$740
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,100
4 Bedroom	N/A	N/A	$1,160

Bowen, IL—62316

Key Metrics at a Glance

Home Price Trends — Bowen, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bowen, IL

% of Rental Stock

Property Listings — Bowen, IL

Demographics — Bowen, IL

Race and Ethnicity

Mortgage and Risk — Bowen, IL

Mortgages

Rentals and Section 8 — Bowen, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Bowen, IL

Home Price to Income Ratio

Bowen, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Chatton, IL

Augusta, IL

West Point, IL

La Prairie, IL

Woodville, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$67,900

Bowen, IL—62316

Key Metrics at a Glance

Home Price Trends — Bowen, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bowen, IL

% of Rental Stock

Property Listings — Bowen, IL

Demographics — Bowen, IL

Race and Ethnicity

Mortgage and Risk — Bowen, IL

Mortgages

Rentals and Section 8 — Bowen, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Bowen, IL

Home Price to Income Ratio

Bowen, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Chatton, IL

Augusta, IL

West Point, IL

La Prairie, IL

Woodville, IL

Frequently Asked Questions

What is the average home price in Bowen, IL 62316?

How have home prices in Bowen, IL 62316 changed over the past year?

What is the home price projection for Bowen, IL 62316?

What are the demographics of Bowen, IL 62316?

How long does it take homes to sell in Bowen, IL 62316?

What is the average rent price in Bowen, IL 62316?