57Alpha

Boone County, IN Housing Market Brief

county · IN · as of May 2026

Balanced

What is Boone County, IN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+3.547
Inventory Health25%
+3.768
Affordability20%
31
Economic Strength20%
-0.582
Rental Yield15%
51

Where is Boone County, IN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Boone County, IN is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Boone County, IN housing market data

MetricValueYoY
Median Sale Price$410K-1.1%
Median Days on Market19 days▲ +46.2%
Months of Supply1.2-45.4%
Homes for Sale177-31.1%
Homes Sold148▲ +26.5%
Median Price / Sq Ft$182▲ +4.1%
Sale-to-List Ratio98.8%-0.8%

How has Boone County, IN’s Alpha Score moved?

Now: 57
3-period trend
Median sale price · 12 mo

Markets like Boone County, IN

Frequently asked questions

Is Boone County, IN a buyer's or seller's market?

As of May 2026, Boone County, IN is classified as a Balanced Market, based on its Alpha Score of 57 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Boone County, IN?

The median sale price in Boone County, IN is $410K, having fallen 1.1% over the past year.

How affordable is Boone County, IN?

Boone County, IN scores 31 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Boone County, IN's Alpha Score?

Boone County, IN's strongest dimension is Economic Strength (82/100) and its weakest is Affordability (31/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Boone County, IN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.