Secondary metropolitan market · Idaho · September 2026 data

What is the Boise, ID real estate market doing?

As of September 2026, the median home listed in Boise, ID asks $609,925, up 1.8% year over year. Homes spend a median of 47 days on market, with 2,853 active listings and 19% carrying a price cut; pending contracts equal 72% of active listings, and inventory sits at 98% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 3.2%. Figures come from public records and industry data, updated monthly.

Median listing price
$609,925
▲ 1.8% YoY
Median $ / sq ft
$301
2,210 sq ft median
Median days on market
47
September 2026
Active listings
2,853
For sale now
New listings
1,626
September 2026
Listings with price cuts
19%
Share of active
Inventory vs 2019
98%
Same month, 2019 = 100
Pending / active
72%
Contract activity

What is the Boise, ID housing market doing right now?

The Boise, ID housing market lists at a $609,925 median as of September 2026, up 1.8% year over year, with a 47-day median market time and 2,853 homes for sale (19% with a price cut). Active inventory is 98% of the 2019 level, reading as a balanced market by days-on-market pace. Gross rental yield is about 3.2%.

Boise housing market statistics

The table summarizes Boise's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Boise, ID housing market at a glance — September 2026
MetricLatestDetail
Median listing price$609,925+1.8% YoY
Median price per sq ft$3012,210 sq ft median
Median days on market47-8% YoY
Active listings2,853-8% YoY
New listings this month1,626September 2026
Listings with a price cut19%Share of active
Pending-to-active ratio72.5%2,068 pending
Inventory vs 201998%Active listings vs same month in 2019
Gross rental yield3.2%2BR fair market rent

How have home prices changed in Boise?

Boise home prices are up 1.8% year over year and -0.8% month over month as of September 2026, at a $609,925 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$625K$612K$600K$587K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Boise ID · trailing 8 quarters · source: public records and industry data.

The 10-year view
$625K$541K$457K$374K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Boise ID · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Boise?

Boise has 2,853 active listings, 1,626 new this month, 2,068 pending as of September 2026. About 19% of active listings have cut their price, and inventory sits at 98% of its 2019 level — a balanced market by pace.

Active listings
2,853
New this month
1,626
Pending
2,068
Price-reduced
533

Is Boise a good real estate investment?

Boise scores 46/100 on WealthyBud's composite Investor Score, ranking #537 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
46/100
#537 of 933 covered metros
12-month outlook
-0.2%
Flat · model output, not advice
Price volatility
High
σ 11.2% · 20-yr price-index swings
Momentum
68
Value
13
Rental yield
24
Supply risk
58
Market heat
89

Boise scores 46/100 on our composite Investor Score (#537 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 38% over five years and +162% over ten, leaving prices 82% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,643/mo for a two-bedroom, the gross rental yield on the median listing is about 3.2%; active inventory sits at 98% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 1.8% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Boise ranks on the trending markets index.

How much is a monthly mortgage payment in Boise?

A home at Boise's $609,925 median listing runs about $3,339 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$3,014/mo
−$325/mo vs today
At today's rate · 7.28%
$3,339/mo
National weekly average
If rates rise 1% · 8.28%
$3,676/mo
+$337/mo vs today

Principal & interest on the $609,925 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Boise?

To buy Boise’s $609,925 median listing with 20% down, a household needs about $155,000 a year in gross income, keeping principal, interest and property tax ($3,623/mo) at 28% of income. That is 1.9× the area’s $82,694 median household income, so a typical Boise household cannot afford the median listing on these terms.

Income needed to buy the median home in Boise, ID — September 2026
ItemAmountBasis
Median listing price$609,925September 2026
Down payment (20%)$121,985Assumption
Principal & interest (7.28%, 30-yr fixed)$3,339/moRate as of 2026-10-01
Property tax (0.56% effective rate)$285/moCensus ACS
Income needed (28% rule)$155,000Gross household income / yr
Median household income$82,694Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Boise housing market?

Longer-run demand in Boise shows up in 9,415 homes permitted in 2025; net migration of +8,342 residents; +1.1% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
9,415
▲ 3.8% vs 2024
11.9 per 1,000 residents
Net migration (2022–2023)
+8,342
▲ people, via tax-return records
net income flow +$544.0M/yr
Job growth (YoY)
+1.1%
▲ 421.9k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Boise real estate news?

Boise's 2025-2026 housing market may see price adjustments, increasing inventory, and potential dips amidst ongoing affordability and rental cost discussions. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Boise housing market FAQ

What is the median home price in Boise?
As of September 2026, the median listing price in Boise, ID is $609,925, up 1.8% year over year (source: public records and industry data).
How much does it cost to buy a home in Boise?
The median home listed in Boise asks $609,925 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,339 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Boise?
The median property in Boise spends 47 days on the market, with 2,853 homes actively listed and 19% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Boise?
With a median 47 days on market and 19% of active listings carrying a price cut, pending contracts at 72% of active listings, Boise reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Boise a good place to invest in real estate?
Boise scores 46/100 on WealthyBud's Investor Score, ranking #537 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Boise?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Boise and the wider Idaho market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.