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Boone, NC

Full City Profile · North Carolina · Watauga County County

2.3 /5.0
C Fair
19,534 Population 3,057/sq mi density
$28,633 Median Income $18,600 per capita
$373,600 Home Value $469,649 Zillow
$1,080 Median Rent 51.0% income on rent
50°F Avg Temperature 299 sunny days/yr
131 Violent Crime/100K 1,312 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$28,633 median income, 8.0% unemployment
F
Affordability
1.0 / 5.0
$373,600 home value, $1,080/mo rent
F
Safety
1.0 / 5.0
131 violent crimes/100K
A+
Education
5.0 / 5.0
53.1% bachelor's degree or higher

Housing Overview

Median Home Value
$373,600
33% above
US avg: $281,900
Median Rent
$1,080/mo
7% below
US avg: $1,163/mo
Homeownership Rate
23.7%
64% below US avg (65.4%)
Total Housing Units
6,713
Median year built: 1986

Home Value by Source

Census Median
$373,600
Zillow (ZHVI)
$469,649
Median Sale Price
$292,500
Median List Price
$269,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

23.7%
Owner-Occupied
76.3%
Renter-Occupied
24%
76%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,080/mo · Zillow rent: $1,813/mo

Market Indicators (Redfin)

Median Days on Market
105 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
4.0%
of listings with price reduction
Price Per Sq Ft
$303
Active Inventory
25
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
23.7%

Complete Housing Data

Home Values

Census Median Value$373,600
Zillow Home Value (ZHVI)$469,649
Median Sale Price$292,500
Median List Price$269,900
Price Per Sq Ft$303

Rent

Census Median Rent$1,080
Zillow Rent (ZORI)$1,813
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market105
Sale-to-List Ratio1.0%
Price Drops4.0%
Homes Sold6
Active Inventory25
Price Per Sq Ft$303

Ownership & Stock

Owner-Occupied23.7%
Renter-Occupied76.3%
Homeownership Rate23.7%
Total Housing Units6,713
Median Year Built1986
Rent Burden51.0%