After another early hint of spring momentum, March brought a choppier start to the Boise housing market. Home sales rose, but in Ada County prices moved lower.
In Ada County, the median sold price fell to $540,990 in March, down 4.25% from a year ago. That is a softer start to spring than February’s early activity seemed to point toward. In Canyon County, the median sold price rose to $432,490, up 1.76% from last year.
At the same time, the number of closed sales increased in both counties. Ada County recorded 811 home sales in March, up from 675 a year ago, while Canyon County rose to 452 sales from 394.
March closings reflect February decisions. March pricing reflects what buyers were actually willing to pay.
More homes sold in Ada County, but at a lower median price than a year ago. Buyers are still willing to act, but not at any price.
In Ada County, homes took a median of 29 days to sell, up from 23 days last March. In Canyon County, homes took a median of 39 days to sell, up from 36 a year ago. Homes are moving, particularly in the more desirable neighborhoods and price ranges, but buyers remain selective.
Housing inventory changed very little on a year-over-year basis. Ada County ended March with 2.20 months of supply, nearly in line with 2.13 a year ago. Canyon County had 2.49 months of supply compared with 2.62 last year. Months of supply measures how long it would take to sell the current inventory at the current pace of sales. In both counties, that figure remains below the level typically associated with a more balanced market. That helps explain why pricing has not softened more broadly, even as affordability continues to pressure demand.
Mortgage rates have continued to fluctuate in recent weeks. Freddie Mac reported the average 30-year fixed mortgage at 6.30% as of April 18, down from 6.37% the week before and below 6.83% a year ago. Even small changes in borrowing costs affect buyer behavior, and recent volatility has made the spring housing market harder to read than the sales numbers alone might suggest.
New construction incentives have begun to reappear in some segments, a sign that buyers are becoming more cautious about price and payment. That usually happens when affordability starts to weigh more heavily on demand.
Activity in February suggested the spring market might be getting an early start. March suggests that momentum remains fragile. Rising costs, weaker consumer confidence, and a noisier economic backdrop appear to be limiting how far that early demand can carry across the Treasure Valley housing market.
By the Numbers: 2026 Real Estate Market Overview
Median Price: What You Should Know
The median sale price provides a snapshot of home affordability in the market. It represents the midpoint of all home sales, giving buyers an idea of what they might expect to pay. A higher median price typically reflects a more expensive housing market.
Inventory Trends and What They Mean
The number of homes available for sale shows how much choice buyers have in the market. Changes in this number indicate whether inventory is growing or shrinking, which can affect competition and pricing for buyers.
What Days on Market Tell Us About Demand
The average number of days on market measures how long it takes for homes to sell. A lower number suggests a fast-moving market with high demand, while a higher number indicates homes are taking longer to sell, often reflecting lower buyer activity.
Boise Market Trends
- Median list price: $529,900 (up 6.19%)
- Median sold price: $529,500 (up 9.67%)
- Average price per square foot: $323 (up 4.53%)
- Total home sales: 250 (up 41)
- Median days on market: 13 (down 12)
- Available homes for sale: 1.55 month supply (up 0.26)
- 30-year mortgage rate: 6.30% (up 0.27)
Treasure Valley Market Trends
- Ada County: $540,990 (up 0.56%)
- Eagle: $834,750 (down 12.12%)
- Garden City: $740,000 (*fewer than ten sales)
- Kuna: $433,495 (down 2.59%)
- Meridian: $525,000 (up 0.96%)
- Star: $602,390 (down 7.17%)
- Canyon County: $432,490 (down 2.15%)
- Caldwell: $410,4450 (up 2.28%)
- Middleton: $457,490 (down 13.3%)
- Nampa: $434,800 (down 1.52%)
More From Our Blog
Select information in this We Know Boise market report was obtained from the Intermountain MLS (IMLS) on April 13, 2026. While the data is deemed reliable, it is not guaranteed. City-specific data refers to single-family homes on less than one acre, whereas county-level data includes homesites of all sizes. The "months of supply" metric is based on a 12-month rolling average. Home prices mentioned combine both existing and new construction properties. Comparisons are based on year-over-year changes unless otherwise specified.
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