The housing market in Boone, NC is booming. The median value of homes in the area is currently $418,900, which is significantly higher than the US median value of $338,100. The appreciation rate for housing in Boone is also much higher than the national average at 18.74%, compared to 8.27%. This makes Boone an attractive location for potential homebuyers looking to invest in real estate.
The median home cost in Boone is $418,900. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Boone is up 24.0%.
Average Age of Homes
- The median age of Boone real estate is 35 years old
The Rental Market in Boone
- Renters make up 68.7% of the Boone population
- 1.5% of houses and apartments in Boone, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.