Bowers First-Time Homebuyer Report for January

Bowers is a small city in Delaware with 335 residents. Its population is shrinking slightly slower than the rest of the state, at a 10-year growth rate of -0.5%. It should be noted that 40.9% of the homes in Bowers are owned, while 19.6% are rentals. Topping the list of best schools in the city is Lake Forest East Elementary School.

Price Range

Homes in Bowers are generally less expensive than others in the state with a median home value of $119,700 and an average list price of $244,115. The Bowers market is enjoying an unwavering upward trend, even as sales fell to one home over the last 30 days.

Out of all the listings in Bowers, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$145K   $250K   $275K  

Typical Dwelling

A three-bedroom detached home valued around $267,100 is considered a typical dwelling in Bowers. If a buyer was looking for a similar home, they would need good credit and a $53,420 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $413 and the property tax rate is $5.78 per $1,000 of taxable assessed value.

Get started right now by checking out Bowers homes for sale or reviewing Bowers real estate trends.


Data reported through 1/12/2017

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