Boone County, KY Home Values & Market Trends

The median home price in Boone County, KY is $261,377.49. There were 2,142 home sales in Boone County, KY over the past 12 months. The median residential Boone County, KY home value for transactions over the previous year is $282,990.734. The number of current listings in Boone County, KY is 47, and the percentage of properties for sale is 47.00%. The county has 21 foreclosures, 1 bank owned properties, 20 headed for auction, and 47 properties for sale.

Boone County, KY Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Hebron

$ 94,008

$ 45/sqft

Walton

$ 168,633

$ 158/sqft

Union

$ 375,097

$ 128/sqft

Petersburg

$ --

$ --

Burlington

$ 218,847

$ 127/sqft

Verona

$ --

$ --

Florence

$ 352,026

$ 148/sqft

Housing Market Summary for Boone County, KY

Apr 2023March 2024Change
Median Listing Price$368.3K$261.4K-29.03%
Median Sold Price$280.9K$261.4K-6.93%
Homes For Sale24849-80.24%
Homes Sold9761,0002.46%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Boone County, KY

Boone County, KY home values range from $18,573 to $2,445,773. Hebron is the priciest city with a median listing home price of $599,900, and Walton is most affordable with average house prices of around $139,200.

Foreclosure
There are 7 cities within Boone County, KY; within these cities, the median estimated home value for homes in foreclosure ranges from $400,036 in Walton to the lowest value of $18,993 in Walton. Foreclosure homes account for 0.00% of properties in Boone County, KY with Florence containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Boone County, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Boone County, KY; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Boone County, KY ranges from the highest value of $263,405 in Florence to the lowest value of $263,405 in Florence. Bank owned homes and properties account for 0.00% of properties in Boone County, KY. There are 7 cities within Boone County, KY; Florence containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Florence has 6 auction properties, the highest number of properties going to auction in a single city in the state of Boone County, KY. Auction homes and other auction properties account for 0.05% of all properties in Boone County, KY. There are 7 cities within Boone County, KY; of those cities, the median estimated home value for homes going to auction ranges from $313,555 in Hebron to the lowest value of $18,993 in Hebron.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Boone County, KY with Hebron containing 19 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Boone County, KY; homes for sale in those cities, have a range of median values from $400,874 in Florence to the lowest value of $27,892 in Hebron.
    Sold Homes
    The median value for recently sold homes ranges from $792,894 in Petersburg to the lowest price of $18,642 in Petersburg. There are 7 cities within Boone County, KY. Florence has 376 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.52% of properties in Boone County, KY.

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      Guide for Boone County, KY

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Boone County, KY

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