The story of this market
The typical home in Boone County, Kentucky sells for about $357,500, or $180 per square foot.
Prices are up +15.4% from a year ago, so sellers still have some momentum. Homes take about 29 days to sell, which is fast. Over the long run, values in this county have grown 106% since 2000. Last year 22 of 29 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is strong wind, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,442 a month.
HUD sets the fair market rent for a 2-bedroom at $1,442 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+1.8%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+14.7%). Worst: 2010 (-3.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.3%
KY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,897
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+1.8%
2025 change
FHFA repeat-sales index, median of 29 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
45
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $49,461,386.
Mortgage activity
Home lending in this county
79.4%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 7986 | 4485 | 79.4% | 2.5% | $195,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Boone County, Kentucky
Boone County's housing market demonstrates strong fundamentals, with median sale prices climbing 15.4% year-over-year to $357,500 amid resilient homebuyer demand and tight available inventory. Homes are moving in an average of 29 days with a 99.2% median sale-to-list ratio. Solid regional employment anchored by CVG aviation logistics and high median household incomes continues to support property appreciation despite higher borrowing costs.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 7 cities · 9 ZIP reports
Median prices moved down 11.8% year over year.
Homes spend a median of 47 days on market with 1.8 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 68.95% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 6.8% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 6 researched ZIP reports of 9 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Boone County, Kentucky — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 17
researched Sep 21
researched Sep 21
researched Sep 17
researched Sep 17
researched Sep 21
researched Sep 21
researched Sep 21
researched Sep 17
| 41005 | Burlington | $429,000 | $185 | +3.5% | 42 | 98.2% | 18.5% | 3.8 | 987 | $1,466 | researched Sep 17 |
| 41017 | Edgewood | $330,000 | $204 | 0% | 33 | — | — | — | 35 | $1,064 | researched Sep 21 |
| 41018 | Erlanger | $255,000 | $168 | +2% | 28 | 99.2% | 22% | 2.4 | 145 | $1,027 | researched Sep 21 |
| 41042 | Florence | $285,000 | $189 | +2.4% | 43 | — | — | — | 876 | $1,351 | researched Sep 17 |
| 41048 | Hebron | $504,500 | $205 | +8.1% | 48 | 98.5% | 17% | 3.2 | 143 | $1,437 | researched Sep 17 |
| 41080 | Petersburg | $269,900 | $161 | -30.6% | 54 | 100% | 41.8% | 2.3 | 883,673 | $1,397 | researched Sep 21 |
| 41091 | Union | $525,000 | $185 | +2.7% | 32 | 98.5% | 18% | 3.4 | 145 | $1,675 | researched Sep 21 |
| 41092 | Verona | $358,000 | $180 | +15.4% | 29 | — | — | — | 885 | $956 | researched Sep 21 |
| 41094 | Walton | $275,500 | $180 | +0.4% | 37 | 98.5% | 17% | 4.2 | 4,193 | $1,351 | researched Sep 17 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Boone County maintains low property and violent crime rates compared to both Northern Kentucky regional averages and national benchmarks. Local policing through the Boone County Sheriff's Department and the Florence Police Department provides stable community coverage, with incident rates concentrated around major retail and logistics nodes.
Boone County is served predominantly by the high-performing Boone County Schools district along with Walton-Verona Independent Schools. Several elementary, middle, and high schools consistently score 8 out of 10 or higher on GreatSchools assessments, making school quality a major attraction for inbound families.
Boone County exhibits minor overall wildfire danger and manageable wind exposure typical of the Ohio Valley, though approximately 8% of properties along the Ohio River basin and localized creeks face notable flood risk. Homeowners insurance availability is steady, with standard premiums reflecting regional Midwest norms rather than coastal volatility.
The county represents one of the primary economic engines of the Greater Cincinnati metropolitan area, driven by the Cincinnati/Northern Kentucky International Airport (CVG), the Amazon Air Hub, and DHL Express Global Hub. Continuing advanced manufacturing, logistics, and residential master-planned community expansion support strong sustained job growth.
Kentucky property taxes are levied on 100% of fair market value assessed annually by the Boone County Property Valuation Administrator (PVA). Total effective tax rates generally average between 0.95% and 1.15% depending on specific municipal millages (such as Florence), school district levies, and special fire/library districts. A statutory homestead exemption applies to qualifying seniors and disabled residents.
Residents benefit from major outdoor recreation assets including the Boone County Arboretum at Central Park, Big Bone Lick State Historic Site, and access to the Ohio River. Additional amenities include Florence Y'alls Frontier League baseball at Thomas More Stadium and abundant retail dining options along the Mall Road and Houston Road commercial corridors.
The county rental market is supported by expanding logistics and aviation employment, generating steady absorption for single-family rentals and suburban garden apartments with median asking rents hovering around $2,300. Multi-family construction has concentrated around Florence and Hebron, keeping vacancy balanced.
Boone County's economy is powered by international trade, aviation, e-commerce, and advanced manufacturing centered around CVG Airport. Anchor operations including Amazon Air, DHL Express, Safran, Bosch, and St. Elizabeth Healthcare provide an exceptionally diverse and growing wage base.
Boone County is anchored by the I-71/I-75 corridor connecting Cincinnati directly through Florence to Lexington and Louisville, alongside I-275 providing beltway regional transit. Transit Authority of Northern Kentucky (TANK) provides regional public bus service, including dedicated commuter routes linking workforce hubs.
Long-range comprehensive planning through the Boone County Planning Commission balances suburban preservation with planned industrial corridors near CVG and dense pedestrian-oriented nodes in Florence and Union.
Properties in Boone County are assessed at 100% fair market value by the Boone County Property Valuation Administrator (PVA) under Kentucky statutory assessment cycles. Reassessments occur on a rolling quadrennial schedule with formal appraisal rolls certified each spring for county, school, and municipal tax levies.
Properties within the county may be subject to district-specific assessments including the Boone County Public Library District, local independent fire protection districts, Northern Kentucky Health District, and special municipal sewer/water authorities.
The local property insurance market remains accessible and stable compared to disaster-exposed coastal regions, though moderate river basin flood factors necessitate dedicated NFIP flood coverage in low-lying river areas.
- Jungle Jim's International Market4.726.1 mi
- Dave & Buster's Springdale - Cincinnati4.225.3 mi
- Scene75 Entertainment Center | Cincinnati4.528.8 mi
- Full Throttle Adrenaline Park - Cincinnati4.725.3 mi
- Nova Trampoline and Adventure Park4.311.4 mi
- Great American Ball Park4.714 mi
- TQL Stadium4.713.8 mi
- Paycor Stadium4.413.5 mi
- Riverbend Music Center4.517.3 mi
- Heritage Bank Center4.214.1 mi
- Cincinnati Zoo & Botanical Garden4.615.8 mi
- Newport Aquarium4.614.4 mi
- Creation Museum4.66.9 mi
- Perfect North Slopes4.613.6 mi
- Findlay Market4.714.1 mi
- Ark Encounter4.726.5 mi
- Creation Museum4.66.9 mi
- Noah's Ark Replica4.826.8 mi
- Cincinnati Museum Center4.713.1 mi
- Cincinnati Art Museum4.815.1 mi
- Cincinnati Zoo & Botanical Garden4.615.8 mi
- Krohn Conservatory4.715.4 mi
- Ault Park4.819.8 mi
- Smale Riverfront Park4.813.8 mi
- Washington Park4.714 mi
- Sunset Bay Marina and Campground4.310.4 mi
- Belterra Casino Resort4.118.5 mi
- Aston Oaks Golf Club4.511 mi
- Pebble Creek Golf Course, Restaurant & Event Center4.318.9 mi
- Reeves Golf Course4.119.2 mi
- The Golf Courses Of Kenton County3.98.1 mi
- Findlay Market4.714.1 mi
- Florence Mall44.3 mi
- Newport on the Levee4.514.4 mi
- Publix Super Market at Triple Crown Shopping Center4.57.5 mi
- Meijer4.220 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Known as the birthplace of American vertebrate paleontology, featuring historic salt springs, a live bison herd, museum exhibits, hiking trails, and camping grounds.
A 121-acre premier municipal park and the nation's first arboretum within an active recreation venue, providing over two miles of paved walking trails and athletic fields.
Home to the Florence Y'alls independent professional baseball club, hosting family sports entertainment, community concerts, and seasonal regional events.
A regional commercial nexus anchored by Florence Mall retail along with Turfway Park Racing & Gaming, providing live thoroughbred racing and gaming attractions.
Data retrieved from US Census Bureau Profile and ACS tables for Boone County, KY (FIPS 21015).
Kentucky is a judicial foreclosure state, requiring a court action to enforce a mortgage or lien. The process involves a court-ordered sale, typically conducted by the master commissioner.
KRS Chapter 426
Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value. A homestead exemption is available for owners aged 65 or older or those who are totally disabled, which exempts a portion of the assessed value from taxation (the specific exemption amount is adjusted biennially based on the cost of living index).
Kentucky Constitution Section 170, 172; KRS 132.190
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.