Idaho Housing Market Boom Marks Historic Milestone
Overview of Recent Housing Price Trends In recent months, the Idaho housing market has continued to witness significant changes. The median home price trends reveal fluctuations in market stability. As of January 2025, Idaho’s median home price was $480,500. This marks a 7.5% increase from the previous year. The limited inventory characteristics emphasize a seller's market , with high buyer demand contributing to the upward trend in prices. By July, it increased to $487,800. However, the pace slowed with only a 0.5% rise year-over-year. Buyer competition remains intense, particularly in Boise and Treasure Valley. With the region's median sale price around $525,000, it underscores the higher price points relative to other Idaho areas. Out-of-state migration from California, Oregon, and Washington continues to fuel demand and impact housing availability. Nationally, Idaho’s median aligns with the U.S. average of $487,800. This highlights its competitive edge. Such trends point t...