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Boise, ID

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Boise, ID

Sun Jan 29 2023
This week the median list price for Boise, ID is $539,495 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 364. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Boise, ID

Sun Jan 29 2023
This week the median list price for Boise, ID is $539,495 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 364. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $539,495
Median Price of New Listings $439,990
Per Square Foot $294
Average Days on Market 113
Median Days on Market 98
Price Decreased 61%
Price Increased 2%
Relisted 12%
Inventory 364
Median Rent
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$974,900 3,060 0.25 - 0.5 acre 4 3 12 3 12 98
$615,000 2,072 6,500 - 8,000 sqft 4 3 33 6 13 105
$485,000 1,902 6,500 - 8,000 sqft 3 2 17 10 15 84
$388,900 1,273 6,500 - 8,000 sqft 3 2 30 18 18 91