Boise Home Prices Rise as Market Activity Improves
Posted by Lisa Kohl on
After several years of rapid appreciation followed by a period of adjustment, the Boise housing market is showing relative price stability with modest year-over-year gains. In February, Ada County’s median home price rose to $538,000, up from $530,000 a year earlier.
Home prices in Canyon County also increased, climbing to $441,990 from $415,990 last year. When affordability pressures increase, buyers often look beyond core markets for more attainable price points.
Sales activity was mixed across the two counties in February. Home sales in Ada County rose about 7% year over year to 647 homes, while Canyon County recorded 362 sales, down slightly from 369 a year earlier. Because closings typically reflect contracts written 30 to 45 days earlier,…
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