Is Boone, NC 28607 a buyer’s or seller’s market?
Boone is a buyer’s market. With about 6.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 10% of U.S. ZIP codes, and #348 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Boone housing market right now
In the three months ending August 31, 2026, 10% of homes in Boone, NC 28607 sold above their list price, the typical home went under contract in 63 days and there were 6.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 114 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (56 days then) and the median sale price fell 3% to $556,759. Overall, Boone is less competitive than a year ago, which gives buyers more room.
Within Watauga County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Boone ranks #348 of 424 NC ZIP codes with enough sales (score 17 out of 100).
Nearby, buyers who want less competition could look at Zionville 28698 (0% sold over asking) or Deep Gap 28618 (0% sold over asking), while Sugar Grove 28679 (25% sold over asking) is even more competitive.
Run the numbers for 28607
Nearby markets
Banner Elk 28604Buyer’s market $327 /sq ftBlowing Rock 28605Balanced $507 /sq ftDeep Gap 28618Buyer’s market $281 /sq ftSugar Grove 28679Buyer’s market $291 /sq ft Browse all markets →Towns like Boone nearby
Find towns like Boone in other states →Where Boone is
Loading map…
Questions about Boone real estate
Is Boone a buyer’s or seller’s market?
A buyer’s market: there were 6.6 months of supply in Boone, NC 28607 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Boone?
The typical home went under contract in 63 days in the latest three months.
Do homes in Boone sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Boone?
About 0.39% of a home’s value a year in Watauga County, or roughly $1,560 on a $400,000 home.
What is the median home price in Boone?
The median sale price was $556,759 in the three months ending August 31, 2026, about $314 per square foot.
Local agents
See all agents in 28607 →No sponsored agents in 28607 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 28607
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology