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 Buyer's Market.
Housing Prices in Boone County, WV
How much do homes in Boone County, WV cost?
Median Sold Price
$156,000
$86/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Boone County was $156,000 in May 2024, down 43.6% from last month, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $235.7K | $183.9K | -22.0% |
4 Bedrooms | $325K | $150K | -53.8% |
5+ Bedrooms | - | $162K | N/A |
Summary: Boone County housing prices by bedroom type for May 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 decreased by 22%, 4 bedroom homes decreased by 53.8%, 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The Boone County real estate market had 33 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Boone County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Boone County in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 Days | 10 Days | -28.9% |
Summary: Homes in Boone County had an average of 10 days on market in May 2024, down by 28.9% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Boone County; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.