Is Boones Mill, VA 24065 a buyer’s or seller’s market?

The Boones Mill housing market right now

In the three months ending August 31, 2026, 15% of homes in Boones Mill, VA 24065 sold above their list price, the typical home went under contract in 22 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (15 days then) and the median sale price rose 5% to $337,354. Overall, Boones Mill is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell faster than in 89% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Boones Mill ranks #241 of 358 VA ZIP codes with enough sales (score 52 out of 100).

Nearby, buyers who want less competition could look at Wirtz 24184 (0% sold over asking) or Union Hall 24176 (0% sold over asking), while Ferrum 24088 (67% sold over asking) and Henry 24102 (67% sold over asking) are even more competitive.