Is Boone County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Boone County has remained a Buyer's Market.
Housing Prices in Boone County, AR
How much do homes in Boone County, AR cost?
Median Sold Price
$282,500
$135/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Boone County was $282,500 in June 2024, up 28.4% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $135K | $370K | +174.1% |
3 Bedrooms | $194.9K | $155K | -20.5% |
4 Bedrooms | $695K | $195K | -71.9% |
5+ Bedrooms | - | $470K | N/A |
Summary: Boone County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 174.1%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 71.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Boone County | $220K | $282.5K | +28.4% |
Marion County | $205K | $185.5K | -9.5% |
Housing Supply in Boone County, AR
How many homes are available in Boone County, AR?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
41 | 38 | -7.3% |
Summary: The Boone County real estate market had 38 homes for sale in June 2024, a 7.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 15 | 11 | -26.7% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Boone County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Boone County in June 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Boone County, AR
How long does it take to sell a home in Boone County, AR?
Average Sale Time
May 2024 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 103 Days | +215.5% |
Summary: Homes in Boone County had an average of 103 days on market in Jun 2024, up by 215.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Boone County; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.