Similar to the surrounding areas, it is a bit less expensive compared to the entire country. It's close to average compared to the city of Greensboro.
Home prices
The median home in Boones Mill is valued at $157,100. It is roughly $5,740 (3%) higher compared to nearby areas.Compared to the nation as a whole it is roughly $60,400 (27%) lower, and is is very similar compared to the city of Greensboro.
Rents
In Boones Mill the median rent is $810 a month. This is approximately $26 (3%) higher in comparison to its nearby areas.In comparison to the entire nation it is roughly $252 (23%) lower, and in comparison to the city of Greensboro it is approximately $67 (7%) lower.
Nearby places
Cave Spring
Cave Spring is about 8 miles north of Boones Mill. Its real estate prices are a bit more expensive. The value of the median home in Cave Spring is $215,500, which is $58,400 (27%) higher than Boones Mill. Its rents are somewhat more expensive. The median monthly rent in Cave Spring is $992, which is $182 (18%) higher than Boones Mill.
Rocky Mount
Rocky Mount is roughly 8 miles south from Boones Mill. Its real estate prices are somewhat less expensive. The median home price in Rocky Mount is $143,000, which comes out to $14,100 (9%) lower than Boones Mill. Rents there are a bit less expensive. Rocky Mount's median monthly rent is $754, which works out to $56 (7%) lower than Boones Mill.
Henry Fork
Henry Fork is about 11 miles south from Boones Mill. Its real estate prices are a lot less expensive. The cost of the median home in Henry Fork is $115,200, which is $41,900 (36%) lower than Boones Mill. The rent there is a bit less expensive. In Henry Fork the median rent is $633 per month, which comes out to $177 (27%) lower than Boones Mill.
Roanoke
Roanoke is roughly 11 miles north of Boones Mill. Its housing prices are a little less expensive. Roanoke's median home value is $135,100, which is $22,000 (16%) lower than Boones Mill. The rent there is similar. Roanoke's median rent is $814 per month, which is very similar to Boones Mill.
Vinton
Vinton is approximately 11 miles north from Boones Mill. The housing prices there are somewhat less expensive. The median home value in Vinton is $148,000, which comes out to $9,100 (6%) lower than Boones Mill. Rent there is a bit less expensive. The median rent in Vinton is $725 a month, which works out to $85 (11%) lower than Boones Mill.