Is Boonville, NY 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 December 2023

At the same time last year, Boonville was a Buyer'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, NY

How much do homes in Boonville, NY cost?

Median Sold Price

$166,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$50(0.0%)

Key Takeaway

The sold price of homes in Boonville has remained the same since last year.

Summary: The median home sold price in Boonville was $166,000 in December 2024, the same as last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $21K$35.5K
+69.0%
2 $87.5K$190K
+117.1%
3 $167K$200K
+19.8%
4 $179.9K$155K
-13.9%
5+ $174.9K$135K
-22.8%

Summary: Boonville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69%, 2 bedroom homes increased by 117.1%, 3 bedroom homes increased by 19.8%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 22.8%.

Housing Supply in Boonville, NY

How many homes are available in Boonville, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1412-14.3%

Summary: The Boonville real estate market had 12 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 11
0.0%
3 52
-60.0%
4 56
+20.0%
5+ 22
0.0%

Summary: The Boonville 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 remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Boonville in December 2024, the same as the previous 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 Boonville, NY

How long does it take to sell a home in Boonville, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days137 Days+260.5%

Summary: Homes in Boonville had an average of 137 days on market in Dec 2024, up by 260.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Boonville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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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