Much like nearby areas, it is significantly less expensive compared to the rest of the country. It is substantially less expensive compared to the city of Raleigh.
Home prices
The median home in Bowmore costs $105,400. This is about $1,580 (1%) higher in comparison to the surrounding areas.It is approximately $112,100 (51%) lower compared to the rest of the country, and compared to the city of Raleigh is approximately $142,900 (57%) lower.
Rents
Bowmore's median monthly rent is $673. Compared to other places in this area it is approximately $105 (13%) lower.It is roughly $389 (36%) lower in comparison to the rest of the nation, and it is roughly $448 (39%) lower in comparison to the city of Raleigh.
Nearby places
Wagram
Wagram is about 4 miles southwest from Bowmore. The housing prices there are a little less expensive. The median home in Wagram costs $82,600, which comes out to $22,800 (27%) lower than Bowmore. Rents there are a little more expensive. In Wagram the median monthly rent is $766, which is $93 (12%) higher than Bowmore.
Raeford
Raeford is about 4 miles northeast of Bowmore. The housing prices there are a bit more expensive. Raeford's median home cost is $111,500, which comes out to $6,100 (5%) higher than Bowmore. Rents there are a little more expensive. Raeford's median rent is $753 per month, which comes out to $80 (10%) higher than Bowmore.
Silver City
Silver City is about 5 miles northeast from Bowmore. Its housing prices are somewhat less expensive. The value of the median home in Silver City is $87,000, which comes out to $18,400 (21%) lower than Bowmore. Its rents are somewhat more expensive. The median rent in Silver City is $810 a month, which is $137 (16%) higher than Bowmore.
Five Points
Five Points is roughly 6 miles northwest from Bowmore. The real estate prices there are significantly more expensive. The price of the median home in Five Points is $170,500, which is $65,100 (38%) higher than Bowmore. Rents there are significantly more expensive. In Five Points the median rent is $1,067 a month, which is $394 (36%) higher than Bowmore.
Red Springs
Red Springs is roughly 11 miles southeast of Bowmore. Real estate prices there are a lot less expensive. Red Springs's median home value is $67,500, which works out to $37,900 (56%) lower than Bowmore. Rents there are significantly less expensive. The median rent in Red Springs is $494 per month, which is $179 (36%) lower than Bowmore.
