Go Idaho Team @ Exp Realty (208) 547-6408 or goidahoteam@goingidaho.com

Boise, ID 83702

Single-Family Homes

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Boise, ID 83702

Thu Dec 01 2022
This week the median list price for Boise, ID 83702 is $899,450 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 46. Click here to stay informed with the Boise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Boise, ID 83702

Thu Dec 01 2022
This week the median list price for Boise, ID 83702 is $899,450 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 46. Click here to stay informed with the Boise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $899,450
Median Price of New Listings $799,900
Per Square Foot $447
Average Days on Market 82
Median Days on Market 63
Price Decreased 57%
Price Increased 0%
Relisted 24%
Inventory 46
Median Rent
Market Action 38
Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,242,000 3,762 0.25 - 0.5 acre 4 4 2 0 1 63
$1,100,000 2,982 6,500 - 8,000 sqft 4 3 62 1 2 42
$749,825 1,958 6,500 - 8,000 sqft 3 2.5 63 1 1 98
$599,894 1,393 4,500 - 6,500 sqft 3 1.5 102 1 2 31