Is Boone County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Boone County was a Neutral Market.
Key Takeaway
Boone County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Boone County, WV
How much do homes in Boone County, WV cost?
Median Sold Price
$276,500
$117/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Boone County have sold for 68.6% more than they did a month ago.
Summary: The median home sold price in Boone County was $276,500 in April 2024, up 68.6% from last month, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $141.2K | $235.7K | +66.9% |
| 4 Bedrooms | $194K | $325K | +67.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Boone County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 66.9%, 4 bedroom homes increased by 67.5%, and 5+ bedroom homes did not change.
Housing Supply in Boone County, WV
How many homes are available in Boone County, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The Boone County real estate market had 27 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Boone County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Boone County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Boone County in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Boone County, WV
How long does it take to sell a home in Boone County, WV?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 15 Days | -51.3% |
Summary: Homes in Boone County had an average of 15 days on market in Apr 2024, down by 51.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boone County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Boone County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
