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Friday, July 11, 2025

Boone County median home valuation prices remained unchanged in February 2025 compared to February 2024

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In February, the median sale price of a home in Boone County remained unchanged from the same period in the previous year, while total sales increased by 52.9%, according to BlockShopper.com.

There were 26 homes sold in February, with a median sale price of $255,000 — remained unchanged from the median sale price during the same period of the previous year. In comparison, 17 homes were sold in Boone County in February 2024.

Based on the latest available data from 2023, the median sales tax in Boone County was $4,793, which stands at 1.9% of February's median home sale price.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Boone County from February 2024 to February 2025.

February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024January 2025February 2025$255,000$255,000$292,000$292,000$236,000$236,000$0$0$280,000$280,000$200,000$200,000$250,000$250,000$220,000$220,000$255,000$255,000$210,000$210,000$221,450$221,450$209,000$209,000$255,000$255,000

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