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BOWEN, IL 62316

Real Estate Market Report  ·  Hancock County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BOWEN, IL real estate market (62316) currently shows 1 active listings. Homes are averaging 7 days on the market before going under contract.

Whether you are buying or selling in BOWEN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 876  ·  Density: 7.6/mi²  ·  Median household income: $59,911

Typical home value: $67,716  ·  Homeownership: 80.0%

Market Overview

Active Listings
1
Pending
0
0% pending ratio
Median Price
$115,000
Average Price
$115,000
Days on Market
7

Price Per Square Foot

Median $/sqft
$123
Median Home Size
936 sqft
Typical listing size

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.0 miles — 58 listings ($12,066,530 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62316Bowen, IL 623160.0 mi1$115,000$115,000$115,000
62380West Point, IL 623807.2 mi1$109,900$109,900$109,900
62349Loraine, IL 623498.8 mi1$289,900$289,900$289,900
62367Plymouth, IL 6236711.0 mi2$798,900$399,450$399,450
62325Coatsburg, IL 6232513.8 mi1$150,000$150,000$150,000
62374Tennessee, IL 6237414.2 mi1$449,000$449,000$449,000
62334Elvaston, IL 6233415.2 mi1$49,900$49,900$49,900
62359Paloma, IL 6235916.1 mi1$243,900$243,900$243,900
62326Colchester, IL 6232618.2 mi8$956,344$89,500$119,543
62341Hamilton, IL 6234118.7 mi11$2,342,582$179,500$212,962
62338Fowler, IL 6233819.3 mi2$420,000$210,000$210,000
62353Mount Sterling, IL 6235323.9 mi20$5,180,640$277,500$259,032
61450La Harpe, IL 6145024.0 mi8$960,464$124,975$120,058

Frequently Asked Questions

How many homes are for sale in BOWEN, IL 62316?

As of February 2026, there are 1 active listings in BOWEN, IL (zip code 62316).

What is the median home price in BOWEN, IL 62316?

The median listing price in BOWEN, IL 62316 is $115,000 as of February 2026.

How long do homes stay on the market in BOWEN, IL?

Homes in BOWEN, IL 62316 spend an average of 7 days on the market before going under contract.

Is it a seller's or buyer's market in BOWEN, IL 62316?

Based on current inventory and days-on-market data as of February 2026, BOWEN, IL 62316 is currently a Balanced Market.

How much can I save on real estate commission in BOWEN, IL?

With SELL123.com's maximum 3% commission, sellers in BOWEN, IL 62316 save an estimated $2,300 compared to a typical 5% commission on the median listing price of $115,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.