Bowling Green, FL33834

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$191,000
4.3% YoY Growth
Median Household Income
$58,400
32.1% 5-Year Growth
Days on Market
101
12.0% Longer than last year
Home Price Forecast
4.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Bowling Green, FL

As of Aug '25 and according to Realtor.com, the median days on market for a home in Bowling Green, FL is 101. This is an increase of 12.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$314,00026.0%
Listing Count
11N/A
Listings as % of Homes0.4%N/A
Days on Market
10112.0%
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Demographics — Bowling Green, FL

MetricLatest CensusYoY % Change
Population
6,140-20.2%
% Under 18
22.0%-7.9%
% Under 5N/AN/A
% Seniors
15.3%24.4%
% WFH
2.5%31.6%
% w/ College Degree
8.2%-21.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
52.6%38.8%
% Black
12.3%12.8%
% Hispanic
31.3%-35.6%
% Asian
0.7%-61.1%
% Foreign Born
7.3%-56.3%
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Mortgage and Risk — Bowling Green, FL

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Bowling Green, FL in that year was 33. 76.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 61.0%. Of those, 24.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Bowling Green, FL. Investor activity in Bowling Green, FL is low, as 6.0% of all loans are originated by investors. In 2023, 9.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
33N/AN/A
% Conventional Loans
76.0%N/AN/A
% Government Loans
24.0%N/AN/A
% Investor Loans
6.0%N/AN/A
% Second Loans
3.0%N/AN/A
% Cash Out Refinance
9.0%N/AN/A
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Rentals and Section 8 — Bowling Green, FL

As of 2024, the percent of homes in Bowling Green, FL under the Section 8 program is 8.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
41
Total Units Section 8
41
% Rentals under Section 8
8.1%
% Occupied Section 8
89.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$810
2 BedroomN/AN/A$1,030
3 BedroomN/AN/A$1,370
4 BedroomN/AN/A$1,470

Affordability — Bowling Green, FL

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3N/AN/A
Median Home Price$191,000N/AN/A
Median Household Income$58,400N/AN/A

Bowling Green, FL — ZIP Code Boundary Map

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