Continuing the upward trend we’ve seen since January, the Boise housing market saw a median price increase of about $20,000 last month and is now 9.5% higher than it was a year ago. But while prices may be rising across the valley, the market isn’t moving at the same pace everywhere.
For example, Micron’s continued expansion may be helping drive demand in Southeast and Northeast Boise, where some homes are selling within days and attracting multiple offers. The influx of new employees, along with existing employees choosing to invest locally, may be contributing to the strength we’re seeing in these areas.
Meanwhile, the story looks a little different as we head west, where new construction is more prevalent. Builders are giving buyers more options by pricing competitively and offering attractive incentives, creating some real competition for existing homes. In fact, 56% of homes that went pending in Ada County in July were new construction. And at the end of July, nearly half (46%) of the homes on the market were new builds, with another 10% having been built within the past five years.
So, what does this all mean? The Boise market continues to show strength, but there’s no one-size-fits-all story. Where a property is located, its age and price, and whether it’s competing with new construction can make a big difference. If you’re considering buying or selling, we’d love to help you understand what’s happening in your particular market, explore your options, and figure out the next best step. Reach out anytime!
For a quick snapshot of the Boise housing market for July 2026, see below.
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For more market statistics, including those for Canyon, Elmore, & Gem Counties, check out Boise Regional REALTORS® Market Report HERE.
