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Boise, ID

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Boise, ID

Mon May 05 2025
This week the median list price for Boise, ID is $646,950 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 380. 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

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Boise, ID

Mon May 05 2025
This week the median list price for Boise, ID is $646,950 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 380. 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

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Boise market.
Median List Price $646,950
Median Price of New Listings $629,450
Per Square Foot $323
Average Days on Market 68
Median Days on Market 28
Price Decreased 38%
Price Increased 3%
Relisted 10%
Inventory 380
Median Rent
Market Action 45
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$1,650,000 3,731 0.25 - 0.5 acre 4 4 16 18 9 49
$750,000 2,464 0.25 - 0.5 acre 4 3 24 22 20 21
$569,990 2,035 6,500 - 8,000 sqft 4 3 26 21 19 28
$438,000 1,455 6,500 - 8,000 sqft 3 2 32 25 16 28