ID · Metro #79

Boise City - ID housing market

The Boise City metro has a typical home value of $493,992, up 0.4% from a year ago. Homes are moving fast at 11 days on market - a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$493,992
+0.4% vs. year ago
Median sale price
$479,232
-0.1% YoY
Median list price
$558,000
Sale-to-list ratio
99.0%
Selling below ask
Days on market
11d
Listings w/ price cut
23.1%
New listings / mo
1,133
+10.3% YoY
Homes for sale
2,496
+6.2% YoY
Typical rent
$1,813/mo
+4.5% YoY
Context

How to read this data

The typical home value ($493,992) 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 0.4% over the past year. In Boise City - ID, that means a home worth $492,024 last year is now worth roughly $493,992.

The median sale price , what homes actually close for , is $479,232. Homes are selling at 99.0% of list price, meaning buyers have room to negotiate.

Homes listed in Boise City - ID sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,133 new listings hit the market each month in Boise City - ID. There are currently 2,496 homes for sale, up 6.2% from a year ago.

The typical monthly rent in Boise City - ID is $1,813, up 4.5% 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.

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