Boise, ID Housing Market Report

The Boise, Idaho housing market as of December 2025 is characterized by a state of stable equilibrium, transitioning away from the extreme volatility seen in previous years. With a median home value of $485,481 and a modest year-over-year increase of 1.13%, the market has moved into a phase of sustainable growth. The current sale-to-list ratio of 0.99 suggests that while sellers are still achieving near-asking prices, the frantic bidding wars of the past have largely subsided. This environment currently leans slightly in favor of sellers due to consistent demand, but the 8.69% increase in active inventory provides buyers with significantly more leverage and choice than they had eighteen months ago.

Price trends over the latter half of 2025 reveal a steady upward trajectory, with values climbing from $477,407 in July to $485,481 in December. This consistent month-over-month appreciation indicates that Boise remains a desirable destination despite higher interest rates. The rental market is also showing strength, with median rents rising 3.21% to $1,728. This suggests that the local economy and population growth continue to support housing demand, even as the pace of home price appreciation slows to a more manageable rate for local wage earners.

Looking ahead, the Boise market appears poised for continued stability. The fact that days on market has remained flat at 61 days year-over-year indicates a predictable rhythm to the local real estate cycle. For buyers, the increase in active inventory to 2,127 units represents a window of opportunity to negotiate on repairs or closing costs, which was nearly impossible during the pandemic-era boom. Sellers, on the other hand, must be prepared for a longer marketing period and should ensure their properties are priced accurately to the current market value to avoid stagnation.

Overall, the Boise metro area is demonstrating resilience. While the double-digit gains of the early 2020s are over, the current data suggests a healthy market where equity is preserved and inventory is recovering. Investors and primary residents alike should view the current 1.13% annual appreciation as a sign of a maturing market that is less susceptible to a bubble burst, making it a safer, albeit slower, environment for long-term real estate commitments.