Are Housing Prices Dropping in Boise, Idaho?

It’s one of the top questions I get asked as a local Realtor, in Boise:

“Are home prices finally coming down?”

The short answer? Not really—but the market is shifting.

What the Numbers Say

• Median Sales Price (Ada County): $549,900 (Boise Regional Realtors, July 2025)
• Year-over-year growth: +1% to +4% depending on location
• Days on market: 39 days, up from the frenzied pace of 2021
• Inventory: Slowly increasing, giving buyers more options

While prices have cooled from their 2021–2022 peaks, they’re not falling sharply—they’re stabilizing. Boise’s market is transitioning into a more balanced environment.

Why We’re Not Seeing a Big Drop

1. Inventory is still low. Boise doesn’t have an oversupply of homes—especially under $600K.
2. Demand remains steady. Out-of-state buyers, relocators, and investors still see Boise as a smart lifestyle and financial move.
3. Rates are high, but buyers are adjusting. Motivated buyers are finding ways to move forward, especially as sellers offer concessions.

My Local Expert Take

This is not a crash—it’s a correction. The days of bidding wars and 2-day sales are behind us, but well-priced, move-in ready homes are still selling fast.
Buyers have more breathing room. Sellers need stronger pricing and marketing strategies.

I always tell my clients: Boise real estate today rewards those who plan ahead, not those trying to time the market.

Should You Wait?

If you're holding out for a dramatic drop, you may be waiting a while. Boise remains a desirable and resilient market. Whether you're buying or selling, there are smart moves to make right now—especially with the right guidance.

Let’s Talk Boise Real Estate

📩 Natasha@C3REI.com
📞 (208) 614-2505