Boise Real Estate Market

With the housing shortage we are having demand for more homes to be listed your home may have a higher value than you think, and if you check on line estimate can be off. Other types of housing that are prevalent in Boise include large apartment complexes or high rise apartments ( 15.64%), duplexes, homes converted to apartments or other small apartment buildings ( 9.12%), and a few row houses and other attached homes ( 5.80%).
While Boise has always provided residents a low cost of living and very affordable homes- the past 10 years have seen new construction of some very high end Hughes Real Estate Group team members can provide more detailed market information on houses for sale and Boise Idaho real estate.



When looking at housing trends, however, you have to keep in mind that the numbers that show spring as the best time to sell a house are averaged nationwide, meaning that spring isn't necessarily the best time for selling your home in Boise You need to consider a few issues that hit close to home here in the Gem State to determine the best time to sell in Boise Idaho.
Boise has for years appeared on rankings of the best places to live by outlets like US News & World Report, Niche, and SmartAsset, touting spectacular outdoor attractions, a high quality of life, and safety, in addition to low taxes, affordable housing, and a strong job market.

As with new construction's impact on the overall market, the increased share of higher-priced existing homes has contributed to the higher median sales price reported for the existing home segment. The number of closed sales that are even possible is limited due to the fact we've had fewer and fewer existing homes to sell each month compared to buyer demand.
Over the next few months, we will be updating our research on affordability, population, wages, inventory, in-migration trends, and more, to provide additional context on our current housing market and how it compares to past market cycles. Then we'll share 10 reasons to invest in the Boise real estate market.
Our deep knowledge of Kuna real estate allows us to make sure you are getting the most accurate price evaluation possible on every property Boise Idaho Home Listings you consider. The Months Supply of Inventory (or MSI) in Elmore County increased to 1.8 months — up 20.0% from the same month last year.