The housing market in Boone, AR County is significantly lower than the national average. The median value of homes in Boone, AR County is $181,100 whereas the US median value is $338,100. Unfortunately, the one year appreciation rate for houses in this county has been -100.00%, which is quite alarming. As a result of this trend, potential buyers should be aware that they may face a dramatic drop in their investment if they choose to buy into this market.
The median home cost in Boone County is $181,100. Home appreciation the last 10 years has been 72.5%. Home Appreciation in Boone County is up 23.4%.
Average Age of Homes
- The median age of Boone County real estate is 38 years old
The Rental Market in Boone County
- Renters make up 24.5% of the Boone County population
- 1.3% of houses and apartments in Boone County, 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.