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Sarah Mitchell

CNESRESABR

Compass Real Estate · Boones Mill, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Boones Mill, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Boones Mill, VA Housing Market & Real Estate

Buyer's market-0.8% YoY

Housing market overview · Updated monthly ·

$197,500median sale price

How is the Boones Mill, VA housing market right now?

The median home sale price in Boones Mill, VA is $197,500, down 0.8% year-over-year. Homes sell in an average of 71 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Boones Mill a buyer's or seller's market?

Buyer's market71 avg. days on market

Boones Mill, VA is currently a buyer's market and homes selling in about 71 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

71

Average pace

Active listings

Sale-to-list

91.9%

Below asking

What does the Boones Mill housing market data show?

Current housing market statistics for Boones Mill, VA
MetricValue
Median sale price$197,500
Year-over-year price change-0.8%
Average days on market71 days
Sale-to-list price ratio91.9%
Median price per sq ft$76/sq ft
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Boones Mill by property type?

How the Boones Mill, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Boones Mill, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$197,500$76/sq ft171 days

Source: Redfin · Updated monthly

The Boones Mill housing market is currently classified as a buyer's market with a median sale price of $197,500. Prices have fallen 0.8% compared to last year, with homes spending an average of 71 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.

Homes for sale in Boones Mill

Explore homes currently listed for sale in Boones Mill, Virginia across major real estate platforms.

Sale-to-list:91.9%

Who lives in Boones Mill?

Population

224

Median income

$74,625/yr

Median age

51.5 years

Owner-occupied

79.8%

College grads

33.0%

Avg commute

26.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Boones Mill?

Zillow home value

$338,739

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Boones Mill?

Boones Mill is a community of approximately 0K residents with a median age of 51.5 years.The median household income is $74,625, which represents a working-class community with solid middle-income opportunities. 33.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Boones Mill offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Boones Mill?

1 schools tracked · 269 students

The largest public schools serving Boones Mill, VA 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.

Boones Mill Elementary

Grades PK-5 · 269 students

Public

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 Boones Mill, VA?

Want a head-to-head view? Compare Boones Mill side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Boones Mill?

The median home sale price in Boones Mill is $197,500, down 0.8% from last year.

How long do homes stay on market in Boones Mill?

Homes typically spend 71 days on market before going under contract.

What is the median income in Boones Mill?

The median household income is $74,625 per year.

What is the Zillow home value estimate for Boones Mill?

The Zillow Home Value Index (ZHVI) for Boones Mill is $338,739, representing the typical home value in the area.

How much does a single-family home cost in Boones Mill?

The median single-family home price in Boones Mill, VA is $197,500 (about $76 per square foot).

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