ID · Metro #79

Boise City - ID housing market

The Boise City metro has a typical home value of $496,288, up 0.3% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$496,288
+0.3% vs. year ago
Median sale price
$479,511
+0.7% YoY
Median list price
$568,300
Sale-to-list ratio
99.5%
Selling below ask
Days on market
9d
Listings w/ price cut
25.1%
New listings / mo
1,338
+2.6% YoY
Homes for sale
2,842
+1.2% YoY
Typical rent
$1,837/mo
+4.7% YoY
Context

How to read this data

The typical home value ($496,288) is the Zillow Home Value Index for the Boise City - ID metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.3% over the past year. In Boise City - ID, that means a home worth $494,804 last year is now worth roughly $496,288.

The median sale price , what homes actually close for , is $479,511. Homes are selling at 99.5% of list price, meaning buyers have room to negotiate.

Homes listed in Boise City - ID sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,338 new listings hit the market each month in Boise City - ID. There are currently 2,842 homes for sale, up 1.2% from a year ago.

The typical monthly rent in Boise City - ID is $1,837, up 4.7% year over year. For investors, the price-to-rent ratio here is roughly 23x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Get $50 Off Every Home Warranty
Get new posts in your inbox. No spam, unsubscribe anytime.