We Know Boise Real Estate
March, 2024
Found 1 entry for March, 2024.

Boise Market Report cover with text Rising Prices, Cautious Buyers and a luxury home exterior, indicating Ada County housing market growth.

In February, Ada County home price gains accelerated, primarily due to a scarcity of available properties.

Median home prices in Ada County jumped 6.3%, reaching $522,000—the largest yearly gain since August 2022. In neighboring Canyon County, prices rose 5.1% to $409,818.

Despite decreased demand compared to the post-pandemic years, the Treasure Valley real estate market remains more competitive than in 2023. A December mortgage rate dip reignited buyer interest, contributing to rising prices last month.

Home prices in Boise fell by 1.2% to $478,200. However, this decline is primarily due to the mix of homes sold. On a per-square-foot basis, prices leaped 10.4%.

Meridian stands out with particularly strong gains. Home prices surged by an

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