Boonville, NC is an attractive housing market due to its median home value being substantially lower than the US House Median Value. In addition, the one-year house appreciation rate of 20.58%, which is more than double the US one-year house appreciation rate, makes Boonville a great place to invest in real estate. The median value of $186,900 is significantly lower than the national average and shows potential for investors to make a sizable return on their investment.
The median home cost in Boonville is $186,900. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Boonville is up 19.6%.
Average Age of Homes
- The median age of Boonville real estate is 48 years old
The Rental Market in Boonville
- Renters make up 24.5% of the Boonville population
- 1.2% of houses and apartments in Boonville, 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.