Home Values

Boone County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$170,100

  • 0.7% 1-year change
  • 2.7% 1-year forecast

The median home value in Boone County is $170,100. Boone County home values have gone up 0.7% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Boone County is None. The median rent price in Boone County is $1,295, which is higher than the Cincinnati Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In Boone County 0.3 homes are foreclosed (per 10,000). This is lower than the Cincinnati Metro value of 3.6 and also lower than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Boone County is 4.3%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Boone County homeowners underwater on their mortgage is 12.3%, which is lower than Cincinnati Metro at 16.9%.

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Relative ZHVI
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Boone County Market Overview

Data through May 31, 2015
  • $170,100 ZHVI
  • 2.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $177,500 Median sale price
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Boone County Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 12.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

0.3 homes(Nov 30, 2011) Boone County
3.6 homes Cincinnati Metro
3.5 homes United States
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Cities in Boone County

Name Median ZHVI
Union $217,200
Hebron $197,700
Oakbrook $158,300
Name Median ZHVI
Burlington $144,800
Florence $126,800
 

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $100 Median sale price / sq ft
  • No data Listings with price cut
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Boone County Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,439 Boone County
    $1,255 Cincinnati Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,295 Rent list price
  • $0.82 Rent list price / sq ft
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