Relentless demand, combined with a seasonal slowdown in new listings, sent Ada County home prices to a new record in December.
The median single-family home price in Ada County rose to $546,000 in December. Climbing nearly $114,000, or 26%, from the previous year, it marks a new peak.
Idaho’s most populous county is not alone. Home prices have made double-digit jumps throughout the Treasure Valley.
- Canyon County home prices rose $80,000 through 2021, ending at $419,480. That’s a 23% year-over-year leap and just $4,000 below the record.
- Boise home prices tied August’s record of $510,000, an increase of nearly $90,000 (21%) from just twelve months ago.
- Meridian’s prices rose to their second record in as many months, finishing December