Boise, ID Home Values & Market Trends

Real estate market trends reflect that there have been 3,296 transactions over the past year in Boise. The median value for residential home transactions that occurred over the previous year is $478,405.98. The number of current listings in Boise is 625, and the percentage of properties for sale in the city is 625.00%. Boise, ID currently has 40 properties in foreclosure, 2 bank owned properties, 19 properties headed for auction, and 625 properties for sale.

Boise, ID Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
83709

$ 482,450

$ 265/sqft

83713

$ 540,000

$ 280/sqft

83704

$ 452,950

$ 257/sqft

83703

$ 585,111

$ 327/sqft

83716

$ 671,630

$ 315/sqft

83712

$ 1,092,938

$ 377/sqft

83702

$ 807,541

$ 397/sqft

83724

$ --

$ --

83706

$ 511,250

$ 347/sqft

83720

$ --

$ --

83705

$ 432,150

$ 323/sqft

83725

$ --

$ --

Housing Market Summary for Boise, ID

May 2023April 2024Change
Median Listing Price$559.6K$483.8K-13.54%
Median Sold Price$489.6K$483.8K-1.19%
Homes For Sale599591-1.34%
Homes Sold2,5222,269-10.03%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Boise, ID

Boise home values range from $24,784 to $23,730,456. The median estimated value of a home in Boise is $478,405.98. The median list price of a home is 558,950, and the total count of properties in the city is 98,206.

Foreclosure
There are 12 zips within Boise, ID; within these zips, the median estimated home value for homes in foreclosure ranges from $1,799,900 in 83716 to the lowest value of $257,000 in 83716. Foreclosure homes account for 0.00% of properties in Boise, ID with 83709 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Boise, ID with 83709 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 12 zips within Boise, ID; of those zips, the estimated home value for pre-foreclosure homes ranges from $453,580 in 83716 to the lowest home value of $325,284 in 83705.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Boise, ID ranges from the highest value of $438,250 in 83704 to the lowest value of $366,828 in 83704. Bank owned homes and properties account for 0.00% of properties in Boise, ID. There are 12 zips within Boise, ID; 83704 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    83716 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Boise, ID. Auction homes and other auction properties account for 0.02% of all properties in Boise, ID. There are 12 zips within Boise, ID; of those zips, the median estimated home value for homes going to auction ranges from $621,250 in 83712 to the lowest value of $257,000 in 83712.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.64% of residential properties in Boise, ID with 83709 containing 102 homes for sale, the highest number of listed properties in a single zip. There are 12 zips within Boise, ID; homes for sale in those zips, have a range of median values from $4,200,000 in 83712 to the lowest value of $174,440 in 83716.
    Sold Homes
    The median value for recently sold homes ranges from $2,089,164 in 83712 to the lowest price of $77,668 in 83712. There are 12 zips within Boise, ID. 83709 has 498 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.37% of properties in Boise, ID.

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      Guide for Boise, ID

      Market Reports
      Boise, Idaho – Market Report April 2024
      Foreclosure
      Title Issues in Foreclosure Properties and How to Resolve Them
      Financing Guides
      $2,500 RealtyTrac Scholarship, 2024
      Investing Strategies
      Kansas City Property Values Edge Upward in April 2024 Amid Market Flux
      See More Articles
      Boise, Idaho – Market Report April 2024
      Market Reports|posted 1 April 2024

      The real estate market in Boise, Idaho, and its surrounding areas is marked by periodic fluctuations, with property values and sales volumes experiencing both highs and lows.

      Title Issues in Foreclosure Properties and How to Resolve Them
      Foreclosure|posted 13 May 2024

      Minimizing risks and ensuring a smooth transaction requires a clear understanding of title issues and effective resolution strategies

      $2,500 RealtyTrac Scholarship, 2024
      Financing Guides|posted 13 May 2024

      Write a personal, real estate-focused essay for the chance to earn a scholarship worth $2,500

      Kansas City Property Values Edge Upward in April 2024 Amid Market Flux
      Investing Strategies|posted 13 May 2024

      Kansas City’s real estate market is cautiously progressing with slight increases in property values, despite a decrease in listings and sales suggesting a possible market cooling.