Boise Housing Market Stabilizes as Prices Plateau
Posted by Lisa Kohl on
Ada County’s median sold price for a home in January was $535,990, nearly identical to a year ago and up 2.1% from December. In Canyon County, the median home price was $420,000, down slightly year over year and 3.45% from the prior month. Prices are no longer surging, but they are plateauing.
The number of home sales reinforces that stability. In Ada County, 531 homes sold in January compared to 496 last year. Canyon County recorded 271 sales, also up from a year ago. The number of home sales improving alongside flat pricing suggests demand remains intact, just more deliberate.
The median days on market for a home to sell fell to 40 days in Ada County and 46 days in Canyon County. That timeline is consistent with a market where buyers continue…
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