Is Boone County, IA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Boone County is a seller'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



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Boone County have sold for 12.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $77.5K$85K
2 $121.2K$131.9K
3 $159.9K$199.9K
4 $225K$226.8K
5+ $315K$300K

Median Sold Price Compared To Nearby Counties

Boone County
Dallas County
Story County
Greene County

How many homes are available in Boone County, IA?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
2 1611
3 3233
4 1811
5+ 75

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022Feb 2023%
88 Days37 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Boone County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Boone County, IA

Boone County, IA has 61 homes on the market. The number of homes for sale in Boone County, IA decreased by 17.6% between January 2023 and February 2023. The median list price of listings available in February 2023 was $180,000, while the average time on the real estate market was 37 days. From January 2023 through February 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 9.7%, 2 bedrooms properties became 8.8% more expensive, 3 bedrooms properties prices increased by 25%, 4 bedrooms properties prices increased by 0.8%, prices of 5 bedrooms properties went down by 4.8%. Volume of homes for sale changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 31.3%, the quantity of 3 bedrooms homes went up by 3.1%, 4 bedrooms homes inventory decreased by 38.9%, number of 5 bedrooms homes decreased by 28.6%. Over 2 listings were sold over their listed price in February 2023 in Boone County, IA. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price.

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