Boone, NC home prices
Typical home $507,770 · +1.2% in a year · income needed $135,000
The Boone, NC metro area ranks 72 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.2% in a year and +28.4% over five years. With 20% down at 7.11%, the typical home costs about $3,150 a month including 0.39% property tax (Watauga County rate).
Mortgage on the typical Boone home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $101,554 | $406,216 | $2,733 | $0 | $417 | $3,150 | $135,000 |
| 10% down | $50,777 | $456,993 | $3,074 | $190 | $417 | $3,682 | $157,800 |
| 5% down | $25,388 | $482,381 | $3,245 | $201 | $417 | $3,863 | $165,600 |
| 3.5% down (FHA) | $17,772 | $498,573 | $3,354 | $225 | $417 | $3,996 | $171,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.39% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Boone area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Watauga County, NC | $507,749 | +1.2% | 0.39% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Boone?
The typical home in the Boone, NC metro area is worth $507,770 (Zillow, September 2026).
What salary do you need to buy a house in Boone?
About $135,000 a year for the typical home with 20% down at 7.11%.