Boone County Market Report - March 2026

Market Analysis for Boone County

Current Market Conditions

The Boone County real estate market is experiencing hot conditions as of March 2026. With a median home price of $265,000 and high buyer demand, the market favors sellers.

Price Trends by City

City	Median Price	YoY Growth	Market Type
Florence	$255,000	9.2%	Suburban
Burlington	$235,000	7.5%	Small Town
Union	$315,000	11.2%	Suburban
Walton	$245,000	8.8%	Rural
Hebron	$268,000	12.5%	Suburban

Economic Indicators

• Median Household Income: $71,842
• Unemployment Rate: 2.9%
• Property Tax Rate: 0.72%
• Population: 135,968
• Top Industries: Logistics, Healthcare, Aviation, Manufacturing

Buyer and Seller Insights

For Buyers

In this competitive market, buyers should be prepared to act quickly with strong offers. Getting pre-qualified for a mortgage is essential before beginning your search. Contact our team at 270-982-5330 for pre-qualification assistance (not pre-approval).

For Sellers

Sellers can expect multiple offers and quick sales at or above listing price. Our expert listing services help maximize your property's value and exposure.

Investment Outlook

Boone County presents excellent investment opportunities with 9.84% average annual appreciation across its cities. Key investment factors include:

• Stable employment base in Logistics, Healthcare, Aviation
• Diverse economic drivers
• Property tax rate of 0.72% (below state average)
• Population growth supporting housing demand

Forecast and Recommendations

Based on current trends, we expect Boone County's real estate market to remain highly competitive through the next quarter.

Our Recommendations:

• Buyers: Get pre-qualified now to be ready when the right property appears
• Sellers: Excellent time to list
• Investors: Focus on high-growth areas