We Know Boise Real Estate
May, 2020
Found 2 entries for May, 2020.

Population of Boise: How Growth Is Shaping Idaho’s Largest City

Spend a few days in Boise and it’s easy to understand why it has topped lists for the past few years as one of the fastest-growing cities in the nation. The city’s low cost of living, an impressive array of breweries and restaurants, and diverse recreation activities are just a handful of reasons Boise has dominated national “best of” lists for the last decade. They’re also why people of all ages are choosing to call Boise home.

And with the Boise metro population projected to surpass one million residents by 2040, it’s worth taking a look at who’s migrating to the area. Where are they moving from, and what can our projected population growth tell us about the Treasure Valley’s future?

Metro Boise, Idaho Population

Boise

241,590

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Treasure Valley Market sets new sales records despite pandemic

We may be in the midst of a once-a-century global pandemic, but you’d never guess it by looking at local housing data.

Despite statewide social distancing rules and nationwide uncertainty, both Ada and Canyon counties reported new record-high home prices for the month of April.

This is encouraging news for potential sellers who hit the “pause” button on listing their homes over the past few months. The housing market is still strong in the Treasure Valley – in some ways, perhaps even stronger than usual, thanks to our unique, local circumstances.

Urgency among homebuyers

There are a number of factors that play into the sales records we’re currently seeing. Over the past year, tight inventory in the Treasure Valley – around 1.5 months – has

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