There are currently 6,436 real estate properties in Boone, IA, with a median automated valuation model (AVM) price of $181,714.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Boone, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Boone, IA, is $219,726.00, with the most expensive house in Boone, IA, topping out at $3,551,000.00 and the cheapest home in Boone, IA, clocking in at $14,134.00. In other words, there’s something for every potential homebuyer or savvy investor in Boone, IA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Boone, IA, is on a rollercoaster ride. The average rent price in Boone, IA, is $1,325.00. Indeed, when looking to rent in Boone, IA, you can expect to pay as little as $580.00 or as much as $2,540.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Boone, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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