ID · Metro #79

Boise City - ID housing market

The Boise City metro has a typical home value of $497,239, up 0.5% from a year ago. Homes are moving fast at 10 days on market, a strong seller's market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$497,239
+0.5% vs. year ago
Median sale price
$489,425
+1.8% YoY
Median list price
$577,967
Sale-to-list ratio
99.7%
Selling below ask
Days on market
10d
Listings w/ price cut
27.6%
New listings / mo
1,361
+1.3% YoY
Homes for sale
3,048
-3.0% YoY
Typical rent
$1,874/mo
+5.0% YoY
Context

How to read this data

The typical home value ($497,239) 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 0.5% over the past year. In Boise City - ID, that means a home worth $494,765 last year is now worth roughly $497,239.

The median sale price , what homes actually close for , is $489,425. Homes are selling at 99.7% of list price, meaning buyers have room to negotiate.

Homes listed in Boise City - ID sit on the market for roughly 10 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,361 new listings hit the market each month in Boise City - ID. There are currently 3,048 homes for sale, down 3.0% from a year ago.

The typical monthly rent in Boise City - ID is $1,874, up 5.0% year over year. For investors, the price-to-rent ratio here is roughly 22x 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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