Zip Code 83709

Boise, IDAda County

Real Estate Market Analysis

Q3 2025 Report
$435,000 (Q2 2025, up 2.3% YoY)
Median Home Value
~54,000 (2025 est.)
Population
$74,000
Median Income
A- (Niche, 2025)
School District Rating

Market Statistics

Property Values

$435,000 (Q2 2025, up 2.3% YoY)
Median Home Value
$1,850/month (Q2 2025)
Median Rent
$245
Price per Sq Ft

Market Performance

Home Appreciation2.3% year-over-year (2024-2025)
Market VelocityAverage days on market: 22; moderately competitive
Foreclosure RateLow (0.2%)

Area Information

Area SizeLarge suburban area in southwest Boise
CountyAda
Primary CityBoise

Housing Profile

Housing Statistics

Total Housing Units~19,000
Owner Occupied67%
Rental Properties33%
Vacant Units4%
New ConstructionActive, especially in southwest and fringe areas; mix of single-family and townhomes

Housing Types

Single-family homesTownhomesApartmentsManufactured homes

Demographics

~54,000 (2025 est.)
Population
36
Median Age
$74,000
Median Income
96% (unemployment ~4%)
Employment Rate
32% bachelor's degree or higher
Education Levels
Mix of families, young professionals, and retirees; average household size 2.7
Family Composition

Education Quality

School District Performance

A- (Niche, 2025)
District Rating
School DistrictBoise School District
Test ScoresReading: 57% proficient; Math: 46% proficient
Graduation Rates83% (district average)

Schools in Area

  • Lake Hazel Elementary School
  • Frontier Elementary School
  • Borah High School
  • Desert Sage Elementary
  • Amity Elementary

Economic Factors

Employment & Business

Job Growth2.1% (2024-2025)
Unemployment Rate~4%
Business EnvironmentDiverse, tech and healthcare growth, strong small business presence
Commercial ActivityRetail, healthcare, light industrial, and professional services

Major Employers

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

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-84 freeway
  • State Highway 55
  • Valley Regional Transit bus service

Utilities & Services

  • Idaho Power (electricity)
  • Intermountain Gas
  • City of Boise water/sewer
  • Multiple waste/recycling providers

Quality of Life

Safety & Environment

Lower than national average; property crime slightly higher than violent crime

Good air and water quality; some wildfire smoke in late summer

Healthcare Access

  • St. Luke's Meridian Medical Center
  • Primary Health clinics
  • Urgent care facilities

Development Trends

Planned Developments

  • New subdivisions in southwest Boise
  • Mixed-use retail/residential projects near Lake Hazel

Infrastructure Projects

  • Road widening on Lake Hazel Rd
  • New elementary school planned

Investment Outlook

Growth Outlook

Steady, moderate growth expected through 2027

Investment Opportunities

  • Single-family rentals
  • New construction sales
  • Value-add multifamily

Marketing Intelligence

Target Demographics

  • Young families
  • Move-up buyers
  • Remote workers
  • Retirees

Competitive Advantages

  • Lower price per sqft than central Boise
  • Newer housing stock
  • Access to top-rated schools

Pricing Strategies

Competitive pricing with incentives for quick close; highlight value vs. Boise Bench and Meridian

Common Objections & Response Strategies

Objection: Some areas feel suburban and lack walkability

Response Strategy:

Highlight proximity to parks, new retail, and planned mixed-use developments

Objection: Traffic congestion during peak hours

Response Strategy:

Emphasize ongoing road improvements and multiple access routes

Objection: Rising home prices

Response Strategy:

Showcase relative affordability compared to Boise core and Meridian, and highlight appreciation potential

Professional Recommendations

1

Leverage school quality and new construction in marketing

2

Educate buyers on relative value vs. adjacent zip codes

3

Target move-up buyers and remote workers

4

Monitor new development pipeline for inventory and pricing shifts

5

Highlight community amenities and planned infrastructure improvements

Competitive Analysis

Comparable Markets

  • Boise Bench (83705)
  • Meridian (83642)
  • West Boise (83713)

Market Positioning

Ideal for buyers seeking value, space, and schools

Competitive Advantages

  • Lower cost per sqft than Meridian
  • Newer homes than Boise Bench
  • Better schools than West Boise

Price Comparison

83709 median home value is 8% lower than Meridian, 12% lower than Boise North End

Investment Metrics

5.2% (single-family rental, 2025)
Cap Rates
6.1% gross yield
Rental Yields
19.6
Price-to-Rent
Positive for well-managed rentals, especially new construction
Cash Flow
2-3% annually through 2027
Appreciation

Buyer Journey Insights

First-Time Buyers

Strong FHA/VA loan activity; new construction incentives available

Move-Up Buyers

Attracted by larger lots and newer homes

Downsizers

Options in townhomes and low-maintenance communities

Investors

Solid rental demand, especially for 3-4 bedroom homes

Relocators

Drawn by schools, affordability, and Boise amenities

This zip code 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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