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 November 2023

Since last year, 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, NY

How much do homes in Boonville, NY cost?

Median Sold Price

$173,250

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,700(-1.0%)

Key Takeaway

Homes in Boonville have sold for 1% less than they did a year ago.

Summary: The median home sold price in Boonville was $173,250 in November 2024, down 1% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $21K-
N/A
2 $85K$140K
+64.7%
3 $177K$190.2K
+7.5%
4 $179.9K$188K
+4.5%
5+ $174.9K$135K
-22.8%

Summary: Boonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 64.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 4.5%, 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

Oct 2024Nov 2024CHANGE
2015-25.0%

Summary: The Boonville real estate market had 15 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 01
+100.0%
3 75
-28.6%
4 96
-33.3%
5+ 33
0.0%

Summary: The Boonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Boonville in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
24 Days90 Days+275.0%

Summary: Homes in Boonville had an average of 90 days on market in Nov 2024, up by 275% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Boonville has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Boonville; 0% of homes were sold within 30 days, 67% 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 2 Days Ago

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