$95,000
663 Rocky Pkwy
Boone, NC
Land1.11 acres
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Compass Real Estate · Boone, NC
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Boone, NC(512) 555-0184TX License #0512847
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Boone, NC Housing Market
Leaning buyer's-1.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Boone, NC is worth $482,733, fell 1.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $361,500, +0.4% year over year (through May 2026). With 4.8 months of supply and homes going under contract in about 52 days, Boone is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $482,733 home is about $2,577/mo in principal and interest.
Key numbers for Boone, NC
Typical home value
$482,733
-1.3% in 12 months
Zillow, August 2026
Typical asking rent
$2,169/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$361,500
+0.4% year over year
Redfin, through May 2026
Days on market
52
Average pace
Redfin, through May 2026
Active listings
48
4.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$28,633
Home costs 16.9x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Boone a buyer's or seller's market?
Leaning buyer's4.8 months of supply52 days on market96.0% of asking
Boone, NC is a leaning buyer's, based on 4.8 months of supply and homes selling in about 52 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Boone housing market data show?
Every row below is Redfin's final published month for Boone, NC. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $361,500 |
| Median list price | $429,000 |
| Year-over-year price change | +0.4% |
| Median price per sq ft | $328/sq ft |
| Median days on market | 52 days |
| Active inventory | 48 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 96.0% |
| Homes sold (that month) | 10 |
| New listings (that month) | 17 |
| Listings with a price cut | 18.8% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Boone is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Boone is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Boone home prices moved?
Over the last three years the median sale price in Boone, NC fell 21.0%, from $457,500 to $361,500. The live Zillow value series has fell 1.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 18.8% of Boone listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 4.8 months while the sale-to-list ratio slips below its current 96.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Boone?
Priced off the typical home value of $482,733 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $96,547 | $386,186 | $2,577/mo |
| 5% | $24,137 | $458,596 | $3,060/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,577, that implies roughly $110,447 a year before you add taxes and insurance. The median household in Boone earns $28,633, about $81,814 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 16.9x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Boone in the next 12 months?
Tell us your timeline. We send the Boone market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Boone?
Typical asking rent in Boone, NC is $2,169/mo, against a typical home value of $482,733. That is a price-to-rent ratio of 18.5x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,577 a month — $408 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Boone?
Active listings in Boone, NC went from 35 in May 2025 to 48 in May 2026, a +37.1% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 32 | 9 |
| July 2025 | 32 | 12 |
| August 2025 | 38 | 10 |
| September 2025 | 30 | 3 |
| October 2025 | 30 | 10 |
| November 2025 | 33 | 10 |
| December 2025 | 22 | 4 |
| January 2026 | 25 | 8 |
| February 2026 | 25 | 7 |
| March 2026 | 28 | 11 |
| April 2026 | 42 | 20 |
| May 2026 | 48 | 17 |
Redfin, through May 2026
How does Boone compare to North Carolina and the U.S.?
Boone homes sell for $361,500 — 9% below the North Carolina median of $397,600. Against the national median of $410,700, Boone runs 12% lower. Year-over-year, Boone moved +0.4% against North Carolina's +2.1% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Boone, NC | $361,500 | +0.4% | 52 days |
| North Carolina statewide | $397,600 | +2.1% | 52 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Boone
What buyers should watch
- Months of supply, currently 4.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 18.8%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $483 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $482,733 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Boone listing goes under contract in 52 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Boone added 17 new listings against 10 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -1.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Boone varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Boone
There are currently 48 homes listed for sale in Boone, North Carolina. The median listing price is $429K. Featured listings range from $95,000 to $1,075,000.
$180,000
Sunset Rdg Lots 16 & 17
Boone, NC
Land1.39 acres
View photos & details
$219,900
471 Kellwood Drive Ext Unit 2N1
Boone, NC
1 bd1 ba672 sqft$327/ft²
Condo
View photos & details
$235,000
Poplar Forest Dr Lot 38
Boone, NC
Land2.29 acres
View photos & details
$429,000
119 Pine Meadow Ln
Boone, NC
2 bd2 ba1,191 sqft$360/ft²
House3.51 acres
View photos & details
$439,000
1520 Bamboo Rd
Boone, NC
2 bd3 ba1,120 sqft$392/ft²
House1.01 acres
View photos & details
$525,000
Turtle Creek Dr
Boone, NC
Land3.74 acres
View photos & details
$635,000
304 Evergreen Ln
Boone, NC
3 bd3 ba3,166 sqft$201/ft²
House27,443 sqft lot
View photos & details
$650,000
197 Sierra Vista Rd
Boone, NC
4 bd3 ba1,643 sqft$396/ft²
House28,750 sqft lot
View photos & details
$699,900
210 Howards Creek Rd
Boone, NC
6 bd8 ba
Multi-family17,860 sqft lot
View photos & details
$1,050,000
369 Blairmont Dr
Boone, NC
4 bd5 ba6,051 sqft$174/ft²
House29,185 sqft lot
View photos & details
$1,075,000
396 Summit View Pkwy Unit S1221
Boone, NC
3 bd3 ba1,930 sqft$557/ft²
Condo
View photos & details
Looking to buy in Boone?
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Active listings
48
Homes on market
Median list price
$429K
Avg. days on market
52
Days until sale
New this week
17
Newly listed
Price drops:18.8%of listings
Sale-to-list:96.0%
How much do homes cost in Boone by property type?
How the Boone, NC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $627,500 | $248/sq ft | 2 | 29 days |
| Condo / co-op | $271,500 | $338/sq ft | 6 | 45 days |
| Townhouse | $385,000 | $322/sq ft | 1 | 48 days |
Who lives in Boone?
American Community Survey estimates for Boone. U.S. Census ACS, 2023
Population
19,534
Households
5,874
Median income
$28,633/yr
Median age
21.5 years
Owner-occupied
23.7%
Median home value
$373,600
Median gross rent
$1,080/mo
Mean commute
14.9 min
23.7% of occupied homes in Boone are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $373,600 against Zillow's $482,733 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,080/mo, below Zillow's $2,169/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Boone?
7 schools tracked · 3,549 students
The largest public schools serving Boone, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Watauga High
Grades 9-12 · 1,279 students
Hardin Park Elementary
Grades PK-8 · 859 students
Parkway Elementary
Grades PK-8 · 649 students
Watauga Innovation Academy
Grades 9-12 · 305 students
Green Valley Elementary
Grades PK-8 · 268 students
Two Rivers Community School
Grades K-8 · 165 students
Watauga Virtual Academy
Grades K-8 · 24 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Boone, NC?
Ordered by distance from Boone, not by size. Compare Boone side by side with any of them.
Boone housing market FAQ
Is Boone a buyer's or seller's market?
Boone, NC is currently a leaning buyer's. That read comes from 4.8 months of supply, homes going under contract in about 52 days, and sellers getting 96.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Boone?
The typical home in Boone, NC is worth $482,733 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $361,500, about $328 per square foot.
Is Boone cheaper than the rest of North Carolina?
Boone's median sale price of $361,500 is 9% lower than the North Carolina statewide median of $397,600, and 12% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Boone?
Homes in Boone, NC spent a median of 52 days on market before going under contract, versus 52 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Boone?
At the current 30-year fixed rate of 7.03%, 20% down on a $482,733 home is about $2,577 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $110,447 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $28,633.
Are home prices rising in Boone?
The typical home value in Boone, NC fell 1.3% over the last 12 months, from $489,314 to $482,733 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Boone?
Boone ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Boone?
That depends on your timeline, not on a headline. What the data says today: Boone, NC is a leaning buyer's with 4.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.5x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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