Current Price

$307,769

1 Month Forecast

â–² $323,350

1-Year Forecast *

â–² $335,726

5-Year Forecast *

â–² $396,988

"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 acceptable 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 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Boones Mill" area is 396,988 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +28.99% meaning that investing 100000 USD today may yield a profit of 28,989 USD by 2031.

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: 2026-2032

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: $335,726* (upside of 9.1%)

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 $149,468 $154,774 $149,468 $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 335,726 USD in one year.

Is it profitable to invest in Boones Mill homes?

Yes. The long-term profit potential is +9.08% 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 385,898 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 464,119 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 decreased, 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 decreased by 4.950% to 307,769 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 9.054% in 2021
  • 10.714% in 2022
  • 8.944% in 2023
  • 7.834% in 2024
  • 9.374% in 2025
  • 8.284% in 2026

Based on our Boones Mill real estate market research and report the predicted sales prices will increase by 138.558% in the next 10 years.

Over the last 12 months, the value of homes in Boones Mill fluctuated: increasing 1 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 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 323350 298775 347924
September 2025 325211 301470 348951
October 2025 327082 296009 358155
November 2025 328965 306595 351334
December 2025 330858 306705 355011
Boones Mill Housing Market Forecast with Real Estate Prices for 2026
January 2026 332762 303812 361712
February 2026 332311 311376 353247
March 2026 331297 305124 357469
April 2026 331210 306038 356382
May 2026 331894 310653 353136
June 2026 333804 313109 354500
July 2026 335726 313232 358219
August 2026 337658 306931 368385
September 2026 339601 309376 369825
October 2026 341555 307741 375369
November 2026 343521 319475 367568
December 2026 345498 315440 375556
Boones Mill Housing Market Forecast with Real Estate Prices for 2027
January 2027 347486 326290 368683
February 2027 347906 321117 374694
March 2027 347743 328269 367217
April 2027 346866 315301 378431
May 2027 345807 317797 373818
June 2027 344752 311311 378193
July 2027 343699 311735 375663
August 2027 343596 315765 371428
September 2027 345574 327950 363198
October 2027 347563 326014 369112
November 2027 349563 329288 369838
December 2027 351575 331183 371966
Boones Mill Housing Market Forecast with Real Estate Prices for 2028
January 2028 353598 319299 387897
February 2028 355633 330028 381239
March 2028 357680 329065 386294
April 2028 359738 334197 385280
May 2028 361634 327279 395989
June 2028 362124 339310 384937
July 2028 362256 332913 391598
August 2028 363426 345255 381597
September 2028 365518 342855 388180
October 2028 367621 346299 388943
November 2028 369737 340897 398576
December 2028 371865 342487 401242
Boones Mill Housing Market Forecast with Real Estate Prices for 2029
January 2029 374005 337352 410657
February 2029 376157 347946 404369
March 2029 378322 344273 412371
April 2029 380499 346255 414744
May 2029 382689 360876 404503
June 2029 384892 364492 405291
July 2029 385898 355026 416770
August 2029 384766 362065 407468
September 2029 383592 362111 405073
October 2029 382421 354887 409955
November 2029 382248 357402 407095
December 2029 384072 357571 410573
Boones Mill Housing Market Forecast with Real Estate Prices for 2030
January 2030 386282 366582 405983
February 2030 388505 356259 420751
March 2030 390741 355574 425908
April 2030 392990 356049 429931
May 2030 395252 366398 424105
June 2030 397526 357774 437279
July 2030 396988 360068 433908
August 2030 395776 370051 421501
September 2030 395672 362040 429304
October 2030 396490 370718 422262
November 2030 398772 360888 436655
December 2030 401067 380612 421521
Boones Mill Housing Market Forecast with Real Estate Prices for 2031
January 2031 403375 370701 436048
February 2031 405696 384194 427198
March 2031 408031 368452 447610
April 2031 410379 389450 431309
May 2031 412741 380135 445348
June 2031 415117 382737 447496
July 2031 415617 374471 456763
August 2031 415423 385512 445333
September 2031 414375 379154 449597
October 2031 413111 377996 448225
November 2031 411849 375195 448504
December 2031 410592 383904 437281
Boones Mill Housing Market Forecast with Real Estate Prices for 2032
January 2032 410469 375169 445770
February 2032 412832 374438 451225
March 2032 415208 389880 440535
April 2032 417597 380431 454763
May 2032 420001 378000 462001
June 2032 422418 392004 452832
July 2032 424849 400208 449490

> 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.