Is Boone County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
Since last year, Boone County has remained a Seller's Market.
Key Takeaway
Boone County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Boone County, IA cost?
Median Sold Price
$180,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$20,550(+12.9%)
Key Takeaway
Homes in Boone County have sold for 12.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $77.5K | $85K | +9.7% |
| 2 Bedrooms | $121.2K | $131.9K | +8.8% |
| 3 Bedrooms | $159.9K | $199.9K | +25.0% |
| 4 Bedrooms | $225K | $226.8K | +0.8% |
| 5+ Bedrooms | $315K | $300K | -4.8% |
Median Sold Price Compared To Nearby Counties
| Boone County | $159.4K | $180K | +12.9% |
| Dallas County | $300.2K | $336.2K | +12.0% |
| Story County | $245.3K | $254.8K | +3.9% |
| Greene County | $165K | $95K | -42.4% |
How many homes are available in Boone County, IA?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 74 | 61 | -17.6% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 11 | -31.3% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 18 | 11 | -38.9% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boone County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 88 Days | 37 Days | -57.1% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Boone County has remained consistent over time.
