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

Boise real estate market report with flowering trees indicating 15% increase in home prices year-over-year.

Ada County home prices are surging as rising competition for scarce listings sends buyers scrambling. With robust demand and historically low inventory, 2024 is already turning out to be a good year for home sellers.

The median home price in Ada County at the end of March was $555,000, up 15.2% from the previous year. This increase represents the largest yearly gain since May 2022, the same month the county hit a record.

Home prices in Boise also experienced double-digit growth, jumping 13.4% to $529,990, the highest price since June 2022. In Canyon County, prices rose by 4.7% from a year ago to $413,395.

Demand from buyers less sensitive to interest rates, combined with a limited supply of homes on the market, is driving above-average growth

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