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Today: September 23, 2025

Current Price

$307,769

1 Month Forecast

$323,405

1-Year Forecast *

$342,628

5-Year Forecast *

$402,821

"Is it a good time to buy homes in Boones Mill?" "Does investing in real estate in Boones Mill (Virginia State, Franklin County) worth it?" According to our live Forecast System, buying a house in Boones Mill is a good short-term (1-year) investment*. The Boones Mill average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Boones Mill" 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 Boones Mill in Virginia State, Franklin County. If you are looking for homes for sale with good flipping profit, Boones Mill can be a profitable property investment option. The median price of an average house in Boones Mill was 307,769 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Boones Mill" area is 402,821 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +30.88% meaning that investing 100000 USD today may yield a profit of 30,884 USD by 2030.

Current Median Listing Price: 307,769 USD Median Listing Price Per Square Foot: 171 USD

Boones Mill 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.

Boones Mill (Virginia 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.

Boones Mill Price Target

Boones Mill median home price target in 12 months: $342,628* (upside of 11.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $322,952 $321,499 $319,973 $323,796
2024 $284,867 $307,769 $284,867 $307,769
2023 $264,051 $284,481 $262,315 $284,481
2022 $241,739 $266,014 $241,739 $268,009
2021 $223,006 $239,114 $223,006 $239,859
2020 $197,388 $220,037 $197,388 $220,037
2019 $184,529 $195,956 $184,529 $195,956
2018 $177,635 $184,046 $177,635 $184,046
2017 $170,522 $177,563 $170,522 $177,563
2016 $165,314 $169,736 $165,314 $169,736
2015 $159,838 $165,106 $159,838 $165,106
2014 $155,786 $159,781 $155,375 $159,781
2013 $154,133 $155,984 $153,787 $156,199
2012 $149,217 $154,774 $149,217 $155,606

Questions & Answers about the Boones Mill Housing Market Forecast

How much does an average home cost in Boones Mill today?

The value of an average home (the listing price) in Boones Mill is $307,769 USD.

What is the average price per square foot in Boones Mill?

According to Walletinvestor the median price per square foot in Boones Mill is 171 USD.

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

Yes. The Boones Mill home prices may rise from 307,769 USD to 342,628 USD in one year.

Is it profitable to invest in Boones Mill homes?

Yes. The long-term profit potential is +11.33% in one year.

Will Boones Mill house prices fall / drop?

No. See above.

What is the predicted price of a Boones Mill home in 2030?

The predicted home sales price of a Boones Mill home in 2030 in Boones Mill is 402,821 USD.

What is the predicted price of a Boones Mill home in 2035?

The predicted home sales price of a Boones Mill home in 2035 in Boones Mill is 504,713 USD.

Will real estate prices decrease in Boones Mill?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Boones Mill is the 8711. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Franklin, Boones Mill increased, looking at the past 12 months.

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

Median home values increased by 2.305% to 307,769 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 10.356% in 2020
  • 11.436% in 2021
  • 11.626% in 2022
  • 12.336% in 2023
  • 10.526% in 2024
  • 11.826% in 2025

Based on our Boones Mill real estate market research and report the predicted sales prices will increase by 192.397% in the next 10 years.

Over the last 12 months, the value of homes in Boones Mill fluctuated: increasing 6 times and decreasing 4 times.

Boones Mill (Virginia) 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
Boones Mill Housing Market Forecast with Real Estate Prices for 2025
August 2025 323405 298179 348631
September 2025 325322 295717 354926
October 2025 327250 305979 348521
November 2025 329190 303842 354537
December 2025 331141 298689 363592
Boones Mill Housing Market Forecast with Real Estate Prices for 2026
January 2026 333103 302125 364082
February 2026 335078 305591 364564
March 2026 337064 304705 369422
April 2026 339061 316344 361778
May 2026 341071 315491 366651
June 2026 343092 323536 362649
July 2026 342628 321385 363870
August 2026 341629 310199 373059
September 2026 341540 319681 363398
October 2026 342245 319999 364491
November 2026 344274 313289 375258
December 2026 346314 328652 363976
Boones Mill Housing Market Forecast with Real Estate Prices for 2027
January 2027 348367 320497 376236
February 2027 350431 332910 367953
March 2027 352508 317610 387407
April 2027 354598 325521 383675
May 2027 356699 326023 387376
June 2027 358814 327956 389672
July 2027 359246 329788 388705
August 2027 359078 334302 383855
September 2027 358173 322356 393990
October 2027 357129 324988 389271
November 2027 356088 332943 379234
December 2027 355051 324516 385585
Boones Mill Housing Market Forecast with Real Estate Prices for 2028
January 2028 354945 335778 374112
February 2028 357048 325985 388112
March 2028 359165 334382 383947
April 2028 361293 333112 389474
May 2028 363435 336177 390692
June 2028 365589 346944 384234
July 2028 367755 347897 387614
August 2028 369935 351438 388432
September 2028 372128 337148 407108
October 2028 374088 352391 395786
November 2028 374595 342380 406810
December 2028 374732 340256 409207
Boones Mill Housing Market Forecast with Real Estate Prices for 2029
January 2029 375942 347747 404138
February 2029 378170 358884 397457
March 2029 380412 342751 418073
April 2029 382667 357028 408305
May 2029 384935 352600 417269
June 2029 387216 361660 412772
July 2029 389511 356013 423009
August 2029 391820 368311 415329
September 2029 394134 355115 433153
October 2029 396470 363167 429774
November 2029 398820 367712 429928
December 2029 399863 375071 424654
Boones Mill Housing Market Forecast with Real Estate Prices for 2030
January 2030 398698 371985 425410
February 2030 397536 368118 426953
March 2030 396377 376162 416592
April 2030 396199 374804 417593
May 2030 398088 378184 417993
June 2030 400448 376020 424875
July 2030 402821 368984 436658
August 2030 405209 380896 429521
September 2030 407610 377447 437773
October 2030 410026 374764 445288
November 2030 412456 381110 443803
December 2030 414901 377975 451827
Boones Mill Housing Market Forecast with Real Estate Prices for 2031
January 2031 417360 383971 450749
February 2031 419834 392964 446703
March 2031 422322 386002 458642
April 2031 424825 403584 446066
May 2031 424250 390310 458190
June 2031 423013 397633 448394
July 2031 422902 399643 446162
August 2031 423776 390298 457255
September 2031 426288 397727 454849
October 2031 428814 404372 453257
November 2031 431356 402024 460688
December 2031 433913 405274 462551
Boones Mill Housing Market Forecast with Real Estate Prices for 2032
January 2032 436484 413787 459182
February 2032 439071 416240 461903
March 2032 441674 400156 483191
April 2032 444292 405638 482945
May 2032 444828 415024 474631
June 2032 444619 402381 486858
July 2032 443498 402253 484744
August 2032 442206 414347 470065
September 2032 440917 413580 468254
October 2032 439632 396548 482716
November 2032 439501 403901 475100
December 2032 442106 400106 484106
Boones Mill Housing Market Forecast with Real Estate Prices for 2033
January 2033 444726 410037 479415
February 2033 447362 410231 484493
March 2033 450013 407262 492765
April 2033 452681 409676 495685
May 2033 455364 427131 483596
June 2033 458063 412714 503411
July 2033 460777 420229 501326

> 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.