Idaho Real Estate Heats Up, Market Test in Summer
Current Housing Market Trends The Idaho real estate market is experiencing complex dynamics. Its current housing trends reflect both resilience and challenges. In July 2025, home prices in the state saw a minimal increase of 0.5% year-over-year. The median sale price reached $487,800. Notably, U.S. cities globally are facing a severe housing affordability crisis, highlighting Idaho’s relatively stable market performance. This slow rise follows a pandemic-induced surge. Prices are now showing modest corrections from mid-2022, dropping about 7%, yet remaining above pre-pandemic levels. Boise demonstrates price stabilization. This indicates a controlled correction, avoiding a crash. Supply dynamics show that inventory levels are increasing, though they remain tight. A 4-6 months' supply is below balanced market standards. The housing market dynamics assessed by economic experts suggest that Boise's increasing sales dynamics are contributing to quicker turnover, evidenced by redu...