Rent To Own Homes in Boone, IA

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5 View this home at 13th St Boone IA 50036
$204,535 EMV
13th St
Boone, IA 50036
5 |
EST. RENT: $1,520
AUCTION: 04-23-2024
5 |
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Home Value Estimator For Boone, IA

There are currently 6,436 real estate properties in Boone, IA, with a median automated valuation model (AVM) price of $186,179.00. 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 $222,567.00, with the most expensive house in Boone, IA, topping out at $3,467,018.00 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!

Rent Prices 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.

Top Reasons To Live In Boone, IA In 2024

Boone is located in Boone, Iowa, with an estimated municipal population of 12,384 residents. All of the best foreclosed homes for sale in Boone are located in the following zip code areas on 50036 50037 50099. The estimated population per square kilometer (.62 miles) in Boone is 526.

Cost Of Living In Boone, IA

So, about how much do homes cost in Boone? The most recent median value of resident-owned homes in Boone is 109,871. An estimated 74.2 percent of households in Boone own their homes, with an average family size of 2.94. The median household income in Boone is 57,943, with18.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Boone, the median commute time of resident workers (in minutes) is 20.9. And last, but certainly not least, are you looking for homes to rent in Boone? If so, the average rent price paid by renters in Boone is 738, according to recent statistics.

Diversity And Demographics In Boone, Iowa

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Boone, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Boone is 39.2, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Boone is 54.3, with an average family size of 2.94.

The percentage of residents who report their race in Boone is as follows:

White 93.7%
Black / African American 0.7%
Asian 0.2%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0.9%
Multi-racial 2.3%
Other 1.5%

Looking for family-friendly neighborhoods in and/or near Boone? Or maybe you are searching for 55+ active adult communities in and/or near Boone?

The percentage of residents who report their age in Boone is as follows:

Under 10 13.5%
Aged 10-19 11.5%
20s 12.5%
30s 13.6%
40s 11.7%
50s 13.2%
60s 12.7%
70s 7.1%
80+ 4.4%

Best Schools In Boone, Iowa

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Boone with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Boone.

Pros And Cons Of Living In Boone, Iowa

How do you know that living in -- or moving to -- Boone is right where you need to be? Perhaps you grew up in Boone or already live nearby; therefore, the decision to buy a home in Boone is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Boone for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Boone:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Boone.

Reasons To Move To Boone, Iowa, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Boone can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Boone, meanwhile, can field multiple offers from more qualified buyers.

Boone, IA Rent To Own Homes


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