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Boise, ID

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Boise, ID

Fri Mar 24 2023
This week the median list price for Boise, ID is $626,949 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has held steady at or around 280. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Boise, ID

Fri Mar 24 2023
This week the median list price for Boise, ID is $626,949 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has held steady at or around 280. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $626,949
Median Price of New Listings $525,000
Per Square Foot $315
Average Days on Market 94
Median Days on Market 46
Price Decreased 36%
Price Increased 3%
Relisted 13%
Inventory 280
Median Rent
Market Action 47
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,399,900 3,653 0.25 - 0.5 acre 4 4 11 10 7 49
$746,500 2,354 8,000 - 10,000 sqft 4 3 33 4 3 84
$537,445 2,066 6,500 - 8,000 sqft 3 3 33 11 7 31
$425,000 1,408 6,500 - 8,000 sqft 3 2 49 16 14 21