The housing market in Boone, MO is thriving. The median value of a house in the area is $213,100, which is significantly lower than the national median value of $338,100. However, this lower price point has made it an attractive destination for home buyers and investors alike. Thanks to recent economic growth, the appreciation rate for homes in Boone has been rising faster than the national average over the course of one year at 13.45%. This higher rate of appreciation makes Boone an ideal place to invest in property with strong returns for years to come.
The median home cost in Boone is $213,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Boone is up 17.1%.
Average Age of Homes
- The median age of Boone real estate is 33 years old
The Rental Market in Boone
- Renters make up 0.0% of the Boone population
- 0.0% 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.