Is Boonville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boonville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Boonville has remained a Seller's Market.

Key Takeaway

Boonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Boonville, IN

How much do homes in Boonville, IN cost?

Median Sold Price

$182,450

$157/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$11,339(+6.6%)

Key Takeaway

Homes in Boonville have sold for 6.6% more than they did a month ago.

Summary: The median home sold price in Boonville was $182,450 in November 2024, up 6.6% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$80K
N/A
2 $93K$140.9K
+51.6%
3 $149.9K$297.5K
+98.5%
4 $799K$195K
-75.6%
5+ $264.5K-
N/A

Summary: Boonville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.6%, 3 bedroom homes increased by 98.5%, 4 bedroom homes decreased by 75.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Boonville
+6.6%
Boon Township
-6.3%

Housing Supply in Boonville, IN

How many homes are available in Boonville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4342-2.3%

Summary: The Boonville real estate market had 42 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 1917
-10.5%
4 99
0.0%
5+ 54
-20.0%

Summary: The Boonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boonville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Boonville in November 2024, up by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Boonville, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Boonville, IN

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