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Boone County Housing Market Report December 2024•Boone County, Iowa
Housing Prices in Boone County, IA
How much do homes in Boone County, IA cost?
Housing Market Conditions
Is Boone County, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Boone County is a Seller's Market
Difference Since December 2023
Since last year, Boone County has remained a Seller's Market.
Boone County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Boone County have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Boone County was $211,500 in December 2024, up 11.3% from last year, and the median price per square foot was $160.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Boone County | $190K | $211.5K | +11.3% |
Story County | $279.7K | $284.6K | +1.8% |
Dallas County | $349.9K | $349.5K | -0.1% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $95K | $190K | +100.0% |
22 Bedrooms | $147.9K | $152.5K | +3.1% |
33 Bedrooms | $203.5K | $215.4K | +5.9% |
44 Bedrooms | $239.5K | $288.5K | +20.5% |
55+ Bedrooms | $364K | $370K | +1.6% |
Summary: Boone County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +100.0%. The home price for 2 bedroom homes increased by +3.1%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +20.5%. The home price for 5 bedroom homes increased by +1.6%.
Housing supply in Boone County, IA
How many homes are available in Boone County, IA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
77Last MonthDec 2024 | ||
902 months agoNov 2024 | -14.4 % Change MoMNov – Dec |
Summary: The Boone County real estate market had 77 homes for sale in Dec 2024, a 14.4 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthDec 2024 | ||
212 months agoNov 2024 | -38.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 3 | 0.0% |
22 Bedrooms | 18 | 18 | 0.0% |
33 Bedrooms | 34 | 29 | -14.7% |
44 Bedrooms | 22 | 18 | -18.2% |
55+ Bedrooms | 13 | 9 | -30.8% |
Summary: Boone County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -14.7%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes decreased by -30.8%.
Asking Price vs. Sold Price
How much do homes in Boone County, IA cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price11 Homes
If you're buying a home in Boone County, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Boone County in December 2024, down by 38.1% month-over-month. Of the 13 sold homes, 85% were sold under asking, 8% were sold at asking, and and 8% were sold over asking.
Days on Market for Boone County, IA
How long does it take to sell a home in Boone County, IA?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days6 Homes
Over 90 Days3 Homes
Avg time on Rocket Homes in Boone County has remained consistent over time.
Summary: During December 2024, 13 homes were sold in Boone County; 31% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
48 DaysThis YearDec 2024 | ||
27 Days1 year agoDec 2023 | +79.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Boone County had an average listing age of 48 days in Dec 2024, up by 79.6% compared to the previous year.
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Newest Listings in Boone County, IA
What homes are available in Boone County, IA?
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.