Boise

IdahoBoise Metropolitan Area

Real Estate Market Analysis

Q3 2025 Report
$579,900 (Ada County, June 2025)
Median Home Price
~750,000 (Boise metro/Ada County)
Population
$78,000 (Boise metro, 2024 estimate)
Median Income
Boise School District: B+ to A- (Niche 2025)
School District Rating

Market Overview

Property Values

$579,900 (Ada County, June 2025)
Median Home Price
Not specified (typical range: $270–$320/sqft in 2025)
Price per Sq Ft
3.6% increase from June 2024
YoY Change

Market Performance

Days on MarketMedian 14 days (April 2025)
Market TypeTransitioning to balanced; more negotiation, less urgency
Months of SupplyInventory up 30% YoY; estimated 2.5–3.5 months supply

Sales Activity

Sales VolumeFewer sales than 2024 despite higher inventory
Metro AreaBoise Metropolitan Area
Population~750,000 (Boise metro/Ada County)

Economic Indicators

Employment & Growth

Unemployment Rate~3.2% (2025 estimate, Boise metro)
Job Growth Rate~2.1% (2024–2025)
Median Household Income$78,000 (Boise metro, 2024 estimate)

Major Employers

  • Micron Technology
  • St. Luke’s Health System
  • Albertsons Companies
  • Boise State University
  • Idaho State Government

Demographics

~750,000 (Boise metro/Ada County)
Population
36.5 years (Boise metro, 2024)
Median Age
1.2% annual (2024–2025)
Population Growth
~38% bachelor’s degree or higher
Education Level

Family Composition

Mix of young professionals, families, and retirees; strong in-migration from West Coast

Key Industries

TechnologyHealthcareEducationFood processingLogistics/distribution

Education

School District

Boise School District: B+ to A- (Niche 2025)
District Rating

Top Schools

  • Boise High School
  • Timberline High School
  • Riverside Elementary

Higher Education

  • Boise State University
  • College of Western Idaho

Infrastructure & Development

Major Projects

  • Downtown Boise revitalization
  • Micron Technology campus expansion

Transportation

  • Valley Regional Transit upgrades
  • I-84 corridor improvements

Planned Developments

  • Mixed-use projects in Meridian and Kuna
  • New subdivisions in Star and Middleton

Lifestyle & Amenities

Recreation

  • Boise River Greenbelt
  • Bogus Basin ski area
  • Camel’s Back Park

Dining & Entertainment

  • Downtown Boise restaurants
  • 8th Street dining district
  • Treefort Music Fest

Cultural Attractions

  • Boise Art Museum
  • Idaho Shakespeare Festival
  • Old Idaho Penitentiary

Investment Analysis

Investment Opportunities

  • New construction incentives
  • Growing rental demand in suburbs
  • Value-add single-family homes

Growth Outlook

Moderate, with stable prices and steady rental demand through 2025

Market Risks

  • Rising inventory and longer DOM
  • Interest rate volatility
  • Potential price corrections in overbuilt areas

Rental Market

Strong, with low vacancy and rising rents, especially in Meridian and Kuna

Marketing Intelligence

Target Demographics

  • Relocating professionals (CA, WA, OR)
  • Young families
  • Retirees seeking affordability

Marketing Channels

  • Zillow/Realtor.com
  • Social media (Facebook, Instagram)
  • Relocation networks

Pricing Strategies

Price slightly below recent comps to drive interest and avoid extended DOM

Common Objections & Response Strategies

Objection: Prices are still high compared to local incomes

Response Strategy:

Emphasize price stabilization, slower appreciation, and relative affordability versus West Coast metros

Objection: Interest rates remain elevated

Response Strategy:

Highlight seller concessions, rate buydowns, and potential for refinancing later

Objection: Uncertainty about future market direction

Response Strategy:

Share data on inventory, price trends, and Boise’s long-term growth fundamentals

Professional Recommendations

1

Educate buyers on market normalization and negotiation opportunities

2

Advise sellers to price competitively and consider concessions

3

Leverage professional marketing and staging to stand out

4

Target out-of-state buyers with virtual tours and relocation support

5

Monitor inventory and price trends monthly to adjust strategies

Competitive Analysis

Comparable Markets

  • Salt Lake City, UT
  • Spokane, WA
  • Reno, NV

Market Positioning

Affordable alternative to major West Coast metros; strong quality of life

Competitive Advantages

  • Lower cost of living than West Coast
  • Outdoor recreation access
  • Strong job growth in tech/healthcare

Price Comparison

Boise median home price ($579,900) is lower than Seattle, Portland, and Denver, but higher than Spokane

Investment Metrics

4.8%–5.5% (SFR, 2025)
Cap Rates
~5% gross yield
Rental Yields
~22–24 (2025)
Price-to-Rent
Positive in select suburbs; tighter in central Boise
Cash Flow
1%–3% annual through 2025
Appreciation

Buyer Journey Insights

First-Time Buyers

More options, less competition, but affordability remains a challenge; down payment assistance available

Move-Up Buyers

Best selection in years; leverage equity for larger home

Downsizers

Opportunities in new construction and low-maintenance communities

Investors

Focus on suburbs for best yields; watch for overbuilt pockets

Relocators

Still strong demand; highlight Boise’s lifestyle and affordability

This city analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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