Boone, IA

Buyer's market-4.4% YoY

Housing market overview · Updated weekly

$172,000median sale price

Homes sold

9

Last 12 weeks

Days on market

79

Average pace

Active listings

59

6.6 months supply

Sale-to-list

95.1%

Below asking

The Boone housing market is currently classified as a buyer's market with a median sale price of $172,000. Prices have fallen 4.4% compared to last year, with homes spending an average of 79 days on market, indicating 6.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Boone

There are currently 59 homes listed for sale in Boone, Iowa. The median listing price is $220K.

Active listings

59

Homes on market

Median list price

$220K

Avg. days on market

79

Days until sale

New this week

21

Newly listed

Price drops:39.0%of listings
Sale-to-list:95.1%

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Frequently asked questions

What is the average home price in Boone?

The median home sale price in Boone is $172,000, down 4.4% from last year.

How long do homes stay on market in Boone?

Homes typically spend 79 days on market before going under contract.

Is Boone a buyer's or seller's market?

With 6.6 months of supply, Boone is currently a buyer's market.

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