Boone Metro Area, NC Housing


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The housing market in Boone, NC Metro Area is flourishing. The median value of a house in the area is $410,600, which is significantly higher than the median value of a house in the US as a whole ($338,100). In addition, the appreciation rate for housing over the past year has been 15.26%, which is much higher than the national average of 8.27%. This demonstrates that Boone's real estate market has been performing well above average and that now is a great time to invest in this area.

The median home cost in Boone Metro Area is $410,600. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Boone Metro Area is up 24.0%.

Average Age of Homes
- The median age of Boone Metro Area real estate is 32 years old
The Rental Market in Boone Metro Area
- Renters make up 26.5% of the Boone Metro Area population
- 1.0% of houses and apartments in Boone Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBoone, North CarolinaUnited States
  32,602.0139,647,020.0
  3542
  $410,600$338,100
  24.0%16.6%
  75.5%57.0%
  92.8%101.1%
  $4.53$10.98
  $1,131$2,690
  39.8%57.4%
  36.2%11.2%
  24.0%31.4%
  Vacant Housing
  1.0%1.9%
  1.5%0.4%
  1.3%0.7%
  0.2%0.4%
  28.2%3.6%
  4.0%4.1%
  Value of Owner-Occupied Housing
  3.4%2.6%
  1.2%2.4%
  1.1%2.8%
  2.7%3.9%
  2.6%4.5%
  8.5%11.3%
  13.6%13.0%
  27.4%20.1%
  18.5%13.6%
  6.8%8.3%
  9.0%9.7%
  2.9%3.9%
  0.8%2.2%
  0.3%0.8%
  1.2%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  17.8%13.6%
  17.8%13.6%
  19.9%13.6%
  18.1%13.2%
  17.1%14.8%
  19.9%13.6%
  5.3%10.0%
  2.6%4.7%
  4.7%12.2%
Commute