Boise Housing Market: Trends & Prices (2025)
Boise Real Estate Market Overview
(Last Updated – 4/2025)
Boise, the capital of Idaho, is a vibrant city known for its outdoor recreation, cultural attractions, and growing economy. Ranked the second-best place to live in the U.S. in 2024-25 by U.S. News & World Report, Boise boasts a hip restaurant scene, hundreds of miles of trails, and a mountain-fed river running through the center of town. The area’s unique mix of urban and rural living may explain why home values are up 3.2% over the past year, faster than the national growth rate of 2.6%, according to Zillow.
Despite these rising prices, Boise remains desirable due to its easy access to outdoor activities (including hiking, biking, and skiing), strong job market, and thriving tech industry. The city’s rich cultural offerings, including galleries, museums, theaters, and music festivals, contribute to its appeal as a place to live.
Overall Boise Market Trends
Real estate experts consider the Boise market to be “somewhat competitive,” with homes receiving an average of four offers and selling in around 37 days.
Thanks to a slight rise in inventory, buying a home in Boise isn’t the crazy rush it was a couple of years ago. That said, highly desirable (aka, “hot”) homes can get snapped up within seven days, according to Redfin.
In February 2025, the median sales price of a home in Boise was $480,000. The median sale price per square foot was $302. On average, homes sell for about 1% below list price.
$480,000
Median Sale Price
$302
Median Price Per Square Foot
37 days
Median Time on Market
Boise Housing Market Forecast
Home prices aren’t skyrocketing the way they were between August 2020 and June 2022. After a period of decline between June 2022 and May 2023, however, costs have been creeping up. Even so, the average home value of $492,024 in February 2025 is still below the market high of $527,413 in June 2022.
Still, many realtors characterize Boise as more of a seller’s than a buyer’s market, and forecast prices either holding steady or gradually going up in the next couple of years.
Demographics of the Boise Market
Nearly 47% of Boise’s residents are college educated, which is higher than the national average of 35%.
The city is touted as a good place to raise a family, thanks to its low crime rate and easy access to outdoor activities. It also appeals to retirees looking for affordability and access to good health care.
Boise is a hub for a number of industries, including a burgeoning technology sector, led by memory chip manufacturer Micron Technology. Several other large companies, including Clearwater Analytics, Bodybuilding.com, and Cradlepoint, are based in Boise. As Idaho’s capital, the city is also home to many state government agencies. In addition, it has two large hospitals, which employ a large number of residents in the health care field. The average commute time to work is around 19 minutes, which is lower than the U.S. average of nearly 27 minutes.
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Median Household Income: $79,977
Median Age: 39
College Educated: 46.6%
Homeowners: 63%
Married: 49%
Popular Boise Neighborhoods
Boise is home to 35 neighborhoods, but here are fast facts about five of the most popular ones to help make your decision a bit easier.
Recommended: Price-to-Rent Ratio in 50 CitiesNorth End
The stunning North End is known nationwide for being the gateway to the Boise foothills and home to Hyde Park, so nature lovers will feel right at home here.
This neighborhood is full of trees and flowers, plus sightseeing, dining, and shopping options. It’s pedestrian friendly and popular with singles and families alike.
Quick Facts
Population:
23,113
Median Age:
40.6
Housing Units:
12,388
Bike Score:
85/100
Walk Score:
65/100
Transit Score:
31/100
Median Household Income:
$136,312
North End Housing Market
The housing market in the North End is considered very competitive. In February 2025, the median price for home in this neighborhood was $950,000, a 78.4% increase from the year before. Homes are also selling faster — the average time on the market is now 27 days, compared to 52 days last year.
Median Sale Price
$950,000
Median Price Per Square Ft.
$466
Downtown
Downtown Boise has so much to offer: arts and entertainment, business and career opportunities, food galore, and an exciting energy and vibrancy.
Quick Facts
Population:
2,896
Median Age:
35
Housing Units:
1,333
Bike Score:
98/100
Walk Score:
81/100
Transit Score:
45/100
Median Household Income:
$127,830
Downtown Housing Market
While Downtown Boise is not very competitive, prices have been on the upswing. In February 2025, the median sales price of a home was up more than 40% year-over-year. On the plus side for buyers, the average home sells for about 3% below asking price, sits on the market for 80 days, and multiple offers are rare.
Median Sale Price
$768,250
Median Price Per Square Ft.
$584
Morris Hill
Morris Hill is dripping with charm thanks to its historic homes, mature trees, and stunning landscaping. It’s obvious why so many younger folks are moving in and reviving the homes from the turn of the century to midcentury.
Locals like to stroll down Orchard Street on the weekends. This hot spot offers a nice variety of restaurants, specialty shops, and locally owned businesses.
Quick Facts
Population:
6,414
Median Age:
34
Housing Units:
2,762
Bike Score:
86/100
Walk Score:
69/100
Transit Score:
28/100
Median Household Income:
$94,335
Morris Hill Housing Market
While the housing market in Morris Hill is considered somewhat competitive, the median Morris Hill home sale price in February 2025 was down slightly (0.77%) compared to a year ago. Homes are also staying on the market longer (58 days compared to 21 days last year). On average, homes in this neighborhood sell for roughly 2% to 4% above list price, and some get multiple offers.
Median Sale Price
$471,250
Median Price Per Square Ft.
$317
Southeast Boise
Southeast Boise is a rapidly growing neighborhood that offers access to a river, greenbelt, and the hustle and bustle of downtown.
Southeast Boise’s close proximity to major parks, sports complexes, trendy new restaurants, and Boise State University doesn’t hurt.
Quick Facts
Population:
24,190
Median Age:
35
Housing Units:
10,480
Bike Score:
67/100
Walk Score:
32/100
Transit Score:
20/100
Median Household Income:
$118,519
Southeast Boise Housing Market
You may be able to find your dream home in Southeast Boise. As of February 2025, Redfin considered the area only somewhat competitive, with the average home selling at about 2% below list price.
Nonetheless, the median sale price of a home in February was up 5.3% since last year, with some getting multiple offers, so be ready to bid.
Median Sale Price
$534,900
Median Price Per Square Ft.
$344
East End
This upscale historic district covers 39 blocks and consists of primarily single-family homes. Founded in 1890, East End has changed quite a bit over the years.
The most common architectural style in this area is the Craftsman bungalow, but you’ll also see quite a few Queen Anne cottages. Architecture buffs will love all of the options available to them.
Quick Facts
Population:
9,217
Median Age:
46.5
Housing Units:
4,469
Bike Score:
64/100
Walk Score:
33/100
Transit Score:
22/100
Median Household Income:
$133,195
East End Housing Market
In February 2025, East End Boise was considered a buyer’s market, with the median listing home price down 2.6% year-over-year. On average, homes in the East End are selling for 4.6% below asking price and sit on the market for 35 days. That said, the area is still pricey — with the median home sold price in February 2025 coming in at $754,100. If this price is beyond your budget, consider widening your search to include homes in popular neighborhoods around the East End.
Median Sale Price
$827,500
Median Price Per Square Ft.
$424
SoFi Home Loans
It’s easy to see why Boise has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from, whether you’re young and single or have a family to look after.
If you think Boise could be your home sweet home, then you may need to consider your mortgage loan options.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
Is it a good time to buy a house in Boise?
Boise’s housing market is competitive, but it can still be a good time to buy if you’re prepared. Inventory has recently increased, offering more choices. However, it remains below levels needed for a balanced market, keeping prices elevated. If you can afford the current prices and are ready to move quickly, you might find a great home.
Is there a housing shortage in Boise, Idaho?
Yes, Boise has been experiencing a housing shortage. The city’s rapid population growth and limited new construction have led to a tight market with low inventory. This shortage has driven up prices and made it challenging for buyers to find homes, especially in desirable areas. However, new developments are in the works to address this issue.
How long are houses on the market in Boise?
Houses in Boise typically stay on the market for a relatively short period, often just a few weeks in popular neighborhoods. On average, however, homes in Boise sell after 37 days on the market, according to Redfin. To increase your chances of securing a home, you’ll want to be ready to act fast and have your finances in order before you start your search.
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