Current Price

$123,417

1 Month Forecast

â–² $123,973

1-Year Forecast *

â–² $130,256

5-Year Forecast *

â–² $149,731

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bovey" area is 149,731 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +21.32% meaning that investing 100000 USD today may yield a profit of 21,322 USD by 2031.

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: 2026-2032

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: $130,256* (upside of 5.5%)

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 $62,141 $63,916 $62,141 $63,916

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 130,256 USD in one year.

Is it profitable to invest in Bovey homes?

Yes. The long-term profit potential is +5.54% 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 141,941 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 171,740 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 remained stable, 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 remained unchanged to 123,417 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 6.001% in 2021
  • 5.691% in 2022
  • 4.991% in 2023
  • 6.791% in 2024
  • 6.531% in 2025
  • 5.841% in 2026

Based on our Bovey real estate market research and report the predicted sales prices will increase by 71.487% in the next 10 years.

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

Below you will find the price predictions for 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 123973 115171 132775
February 2025 124531 117806 131256
March 2025 125092 116085 134099
April 2025 125656 114347 136965
May 2025 126222 119406 133037
June 2025 126790 114365 139216
July 2025 127361 118191 136531
August 2025 127935 115909 139961
September 2025 128511 115789 141234
October 2025 129090 120183 137997
November 2025 129672 118261 141083
December 2025 130256 119184 141328
Bovey Housing Market Forecast with Real Estate Prices for 2026
January 2026 130776 121491 140061
February 2026 131365 124271 138459
March 2026 131957 119553 144361
April 2026 132551 121152 143951
May 2026 132992 122885 143100
June 2026 133387 122449 144324
July 2026 133988 122733 145243
August 2026 134591 125035 144147
September 2026 134522 122280 146763
October 2026 134230 124968 143492
November 2026 133939 121483 146396
December 2026 133649 122690 144608
Bovey Housing Market Forecast with Real Estate Prices for 2027
January 2027 133580 123028 144133
February 2027 134062 125750 142374
March 2027 134666 125778 143554
April 2027 135158 126103 144214
May 2027 134889 125177 144601
June 2027 134838 127556 142119
July 2027 134695 127691 141699
August 2027 134725 127045 142404
September 2027 134607 123704 145510
October 2027 134315 120884 147747
November 2027 134357 125086 143628
December 2027 134930 122381 147478
Bovey Housing Market Forecast with Real Estate Prices for 2028
January 2028 135538 128219 142857
February 2028 136074 128318 143830
March 2028 136658 127912 145405
April 2028 136990 123291 150688
May 2028 137607 128800 146413
June 2028 138165 127250 149080
July 2028 138787 131154 146421
August 2028 139412 126308 152517
September 2028 140040 129397 150684
October 2028 140671 133638 147705
November 2028 141305 128870 153740
December 2028 141941 130728 153155
Bovey Housing Market Forecast with Real Estate Prices for 2029
January 2029 142581 134739 150423
February 2029 143223 134773 151673
March 2029 143868 135092 152644
April 2029 144516 131076 157956
May 2029 145167 134860 155474
June 2029 145821 135760 155883
July 2029 146478 135346 157610
August 2029 147138 135220 159056
September 2029 147801 138933 156669
October 2029 148391 139339 157443
November 2029 149060 141457 156662
December 2029 149731 140597 158865
Bovey Housing Market Forecast with Real Estate Prices for 2030
January 2030 150405 138072 162739
February 2030 150906 140343 161470
March 2030 151353 141061 161646
April 2030 152035 141393 162678
May 2030 152720 144779 160662
June 2030 152641 142720 162563
July 2030 152311 143934 160688
August 2030 151981 142102 161859
September 2030 151651 143159 160144
October 2030 151573 139902 163244
November 2030 152120 143753 160487
December 2030 152805 139206 166405
Bovey Housing Market Forecast with Real Estate Prices for 2031
January 2031 153364 139101 167626
February 2031 153058 142038 164078
March 2031 153000 138618 167382
April 2031 152838 141069 164606
May 2031 152872 142935 162808
June 2031 152738 144337 161138
July 2031 152407 140367 164447
August 2031 152455 141020 163889
September 2031 153105 140397 165812
October 2031 153794 145643 161945
November 2031 154402 141741 167063
December 2031 155066 144831 165300

> 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.