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Today: September 22, 2025

Current Price

$123,417

1 Month Forecast

$124,054

1-Year Forecast *

$131,289

5-Year Forecast *

$153,468

"Is it a good time to buy homes in Bovey?" "Does investing in real estate in Bovey (Minnesota State, Itasca County) worth it?" According to our live Forecast System, buying a house in Bovey is a acceptable short-term (1-year) investment*. The Bovey average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Bovey" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Bovey in Minnesota State, Itasca County. If you are looking for homes for sale with good flipping profit, Bovey can be a profitable property investment option. The median price of an average house in Bovey was 123,417 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bovey" area is 153,468 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +24.35% meaning that investing 100000 USD today may yield a profit of 24,350 USD by 2030.

Current Median Listing Price: 123,417 USD Median Listing Price Per Square Foot: 69 USD

Bovey Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Bovey (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Bovey Price Target

Bovey median home price target in 12 months: $131,289* (upside of 6.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $115,170 $123,417 $115,170 $123,417
2023 $115,969 $115,476 $114,579 $115,969
2022 $109,854 $116,645 $109,854 $116,705
2021 $91,402 $108,942 $91,402 $108,942
2020 $79,551 $89,868 $79,551 $89,868
2019 $76,369 $79,085 $76,105 $79,085
2018 $69,925 $76,764 $69,925 $76,764
2017 $68,249 $69,290 $68,073 $69,290
2016 $71,202 $68,578 $68,578 $71,657
2015 $70,610 $70,759 $68,327 $70,759
2014 $71,761 $70,989 $70,989 $73,507
2013 $64,434 $71,861 $64,434 $72,275
2012 $62,147 $63,916 $62,092 $63,916
2011 $62,219 $62,231 $62,219 $62,312

Questions & Answers about the Bovey Housing Market Forecast

How much does an average home cost in Bovey today?

The value of an average home (the listing price) in Bovey is $123,417 USD.

What is the average price per square foot in Bovey?

According to Walletinvestor the median price per square foot in Bovey is 69 USD.

Will the median listing price of homes in Bovey grow / rise / go up?

Yes. The Bovey home prices may rise from 123,417 USD to 131,289 USD in one year.

Is it profitable to invest in Bovey homes?

Yes. The long-term profit potential is +6.38% in one year.

Will Bovey house prices fall / drop?

No. See above.

What is the predicted price of a Bovey home in 2030?

The predicted home sales price of a Bovey home in 2030 in Bovey is 153,468 USD.

What is the predicted price of a Bovey home in 2035?

The predicted home sales price of a Bovey home in 2035 in Bovey is 190,837 USD.

Will real estate prices decrease in Bovey?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Bovey is the 28608. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Itasca, Bovey increased, looking at the past 12 months.

According to Walletinvestor's Bovey real estate market research, home values will increase in the next 12 months.

Median home values increased by 3.594% to 123,417 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 6.529% in 2020
  • 8.109% in 2021
  • 5.019% in 2022
  • 6.529% in 2023
  • 7.289% in 2024
  • 6.839% in 2025

Based on our Bovey real estate market research and report the predicted sales prices will increase by 85.584% in the next 10 years.

Over the last 12 months, the value of homes in Bovey fluctuated: increasing 3 times .

Bovey (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Bovey Housing Market Forecast with Real Estate Prices for 2025
January 2025 124054 112145 135963
February 2025 124695 114595 134795
March 2025 125339 117318 133361
April 2025 125987 115026 136948
May 2025 126638 116000 137275
June 2025 127292 117745 136839
July 2025 127950 116306 139593
August 2025 128611 116778 140443
September 2025 129275 122036 136514
October 2025 129943 117728 142157
November 2025 130614 117945 143284
December 2025 131289 118816 143761
Bovey Housing Market Forecast with Real Estate Prices for 2026
January 2026 131967 118770 145164
February 2026 132649 120313 144985
March 2026 133334 122801 143868
April 2026 134023 125446 142600
May 2026 134715 125151 144280
June 2026 135411 125526 145296
July 2026 135952 124260 147644
August 2026 136655 128455 144854
September 2026 137360 128020 146701
October 2026 138070 128267 147873
November 2026 138530 125231 151829
December 2026 138940 130326 147555
Bovey Housing Market Forecast with Real Estate Prices for 2027
January 2027 139658 130161 149155
February 2027 140380 132659 148101
March 2027 140307 131328 149287
April 2027 139991 129212 150770
May 2027 139675 131434 147916
June 2027 139360 125703 153018
July 2027 139289 130235 148342
August 2027 139791 131543 148039
September 2027 140440 129345 151535
October 2027 140953 129536 152371
November 2027 140673 131388 149957
December 2027 140619 127541 153696
Bovey Housing Market Forecast with Real Estate Prices for 2028
January 2028 140470 132182 148758
February 2028 140501 130666 150336
March 2028 140378 126621 154135
April 2028 140062 131238 148886
May 2028 140105 129598 150613
June 2028 140703 131557 149848
July 2028 141430 128135 154724
August 2028 141989 133470 150508
September 2028 142599 130906 154292
October 2028 142945 131080 154809
November 2028 143683 135637 151729
December 2028 144266 132003 156529
Bovey Housing Market Forecast with Real Estate Prices for 2029
January 2029 145011 132105 157917
February 2029 145760 133662 157859
March 2029 146513 135232 157795
April 2029 147270 135047 159494
May 2029 148031 135893 160170
June 2029 148796 134363 163229
July 2029 149565 138347 160782
August 2029 150337 138310 162364
September 2029 151114 142954 159274
October 2029 151895 139439 164350
November 2029 152679 138786 166573
December 2029 153468 139502 167434
Bovey Housing Market Forecast with Real Estate Prices for 2030
January 2030 154261 140994 167527
February 2030 155058 144359 165757
March 2030 155859 142143 169574
April 2030 156664 145228 168101
May 2030 157473 146450 168497
June 2030 158287 149106 167468
July 2030 159105 143194 175015
August 2030 159927 147133 172721
September 2030 160753 152715 168790
October 2030 161395 149290 173500
November 2030 162229 146330 178127
December 2030 163067 153935 172199
Bovey Housing Market Forecast with Real Estate Prices for 2031
January 2031 163909 154239 173580
February 2031 164455 148667 180242
March 2031 164942 151417 178468
April 2031 165794 155681 175908
May 2031 166651 157152 176150
June 2031 166565 153073 180057
July 2031 166190 152230 180149
August 2031 165815 149565 182065
September 2031 165441 152040 178841
October 2031 165356 149812 180899
November 2031 165952 155995 175909
December 2031 166723 156219 177226
Bovey Housing Market Forecast with Real Estate Prices for 2032
January 2032 167332 155786 178878
February 2032 166999 154975 179023
March 2032 166935 153747 180123
April 2032 166758 150416 183101
May 2032 166795 153452 180139
June 2032 166649 156150 177148
July 2032 166273 155632 176915
August 2032 166325 153019 179632
September 2032 167035 152336 181734
October 2032 167898 152283 183512
November 2032 168562 155582 181541
December 2032 169286 153711 184860

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.