Home Values

Boone Metro 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

$214,800

  • 5.8% 1-year change
  • None 1-year forecast

The median home value in Boone Metro is $214,800. Boone Metro home values have gone up 5.8% over the past year. The median rent price in Boone Metro is $825, which is lower than the North Carolina median of $1,050.

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 Metro is 0.7%, which is lower than the national value of 6.0%.

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Relative ZHVI
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Boone Metro Market Overview

Data through May 31, 2015
  • $214,800 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No data Median sale price
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Boone Metro Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • 0.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3.7 homes North Carolina
3.5 homes United States
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Cities in Boone Metro

Name Median ZHVI
Banner Elk $225,500
Todd $200,900
Seven Devils $198,000
Name Median ZHVI
Boone $196,100
Vilas $187,500
Beech Mountain $176,200
Name Median ZHVI
Sugar Grove $165,100
Zionville $163,900
Deep Gap $157,600

Listings & Sales

  • No data
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Boone Metro Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,324 Boone Metro
    $1,133 North Carolina
    $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

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $825 Rent list price
  • $0.83 Rent list price / sq ft
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