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Boise Local Home Value Trends

Boise Area Home Values (Ada County, ID)

2018 Idaho Real Estate Insights

Home values continue to rise as demand for homes in Boise remains strong and no one is predicting it to slow down. There are many moving parts in real estate but the two elements that seem to continue to drive home sales upward are the strong economy and in-migration pattern.

Boise, Eagle, Kuna, Meridian, Star Overview

  May 2018 May 2017 % Year-Over-Year
Median Value- New Homes $349,900 $321,810 +8.73%
Median Value- Existing Homes $287,000 $247,500 +15.96%
Total Homes Sold 1,160 1,022 13.5%
Days on Market 33 33 0%
Available Inventory 0.68 Months 1.03 Months -0.66%

 

Caldwell, Middleton, Nampa Overview

  May 2018 May 2017 % Year-Over-Year
Median Value- New Homes $249,995 $229,490 +8.94%
Median Value- Existing Homes $201,000 $170,000 +18.24%
Total Homes Sold 349 458 -24%
Available Inventory 0.69 Months 0.84 Months -18%
Days on Market 23 24 -4.2%

 

Home Values Report

 

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2018 IDAHO REAL ESTATE NEWS & MARKET INSIGHTS

 

Do Open Houses Work? 

Great question. The answer is really about asking your agent what they have done to make the Open House a success. If they are just going to show up  

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Who are Boise's Best Real Estate Agents in 2018 

Things have changed so much in real estate in the last 10 years as technology becomes the initial tool home buyers use before they commit to an agent 

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Nampa Real Estate Market Review June 2018 

Check out stats for May 2018 and see how home values and local real estate has changed over from May 2017  

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Boise Real Estate Market Review June 2018 

Check out stats for May 2018 and see how home values and local real estate has changed over from May 2017  

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Real Estate Services

Michelle Penick, Client Car Team
Michelle Penick  Idaho Realtor
Relocation Specialist

818.472.1767 
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Pattie Eckebrecht, Idaho Real Estate Advisor
Patty Eckebrecht  Boise Realtor
Idaho Real Estate Advisor

208.720.6599 
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Chrissy Smith, Real Estate and Commercial Listing Agent
Chrissy Smith  Idaho Real Estate Agent
Buyer Specialist & Commercial Expert

208.720.2981 
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Trey Langford, Idaho New Construction Consulting
Trey Langford  Idaho Real Estate Agent
New Construction Consultant

208.724.9636 
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Home Loan Information

Terry Heffner - The Heffner Group of Guild Mortgage Eagle Idaho
The Heffner Group
Terry Heffner NMLS#95796
Guild Mortgage is an Equal Housing Lender, NMLS#3274

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