Is Boone Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boone Township is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Boone Township has remained a Buyer's Market.

Key Takeaway

Boone Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Boone Township, NC

How much do homes in Boone Township, NC cost?

Median Sold Price

$339,500

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$63,010(+22.8%)

Key Takeaway

Homes in Boone Township have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Boone Township was $339,500 in December 2024, up 22.8% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $387K$315K
-18.6%
2 $205K$380K
+85.4%
3 $294.1K$329K
+11.9%
4 $279.9K$369K
+31.8%
5+ $662K$690K
+4.2%

Summary: Boone Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes increased by 85.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Boone Township
+22.8%
Tyro Township
+12.5%
Franklin Township
+10.0%
Salisbury Township
+4.3%

Housing Supply in Boone Township, NC

How many homes are available in Boone Township, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3533-5.7%

Summary: The Boone Township real estate market had 33 homes for sale in December 2024, a 5.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 1614
-12.5%
4 87
-12.5%
5+ 33
0.0%

Summary: The Boone Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boone Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Boone Township in December 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Boone Township, NC

How long does it take to sell a home in Boone Township, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
12 Days33 Days+160.5%

Summary: Homes in Boone Township had an average of 33 days on market in Dec 2024, up by 160.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boone Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in Boone Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

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