July 2025 Boise Housing Market Update: What’s Really Happening with Prices and Inventory?

delaneyknight
5 days ago
2 min read

As we move into July 2025, Boise’s housing market is showing clear signs of transition, balancing out after years of rapid growth and intense competition. Here’s what buyers and sellers need to know right now about home prices, inventory, and what’s driving the market.

Prices: Growth Slows, but Values Hold Steady

After several years of double-digit price increases, Boise is experiencing a period of price stabilization. The median home list price in Boise was $589,900 in June 2025, down 1.5% from the previous month, but still up compared to last year1. The median sales price in Ada County reached $579,900—a 3.6% increase from June 2024 2 3. In Boise proper, the average home value is $504,848, up 1.9% year-over-year as of late spring 4 5. While these gains are more modest than in the pandemic boom, they indicate that Boise remains a resilient market.

Inventory: More Choices for Buyers

Inventory has surged compared to last year, giving buyers more options and reducing the bidding wars that defined previous markets. Boise’s inventory nearly doubled year-over-year (+96.4%), and June 2025 saw 1,081 homes for sale—a 61.8% increase from May 1 5. Ada County now has about 2.91 months of inventory, the highest since 2022, while homes in Boise are taking longer to sell, with average days on market ranging from 14 to 38 days depending on the neighborhood 4 5 3. This shift means buyers can take a bit more time, and sellers must price homes strategically.

Why Are Prices Still Rising with More Inventory?

The uptick in prices earlier this year was fueled by a wave of buyers—many relocating from out of state—who entered the market in February and March, temporarily pushing prices upward 2. Since then, high interest rates have cooled some buyer activity, but continued in-migration and Boise’s strong job market are keeping demand steady 4 6.

Neighborhood Trends and New Construction

Hot spots like Meridian, Eagle, and Star are seeing the most price pressure, while areas like Nampa and Kuna attract buyers with new schools and infrastructure 6 3. New construction remains active, with builders offering incentives to attract buyers, adding to the choices available in the market 4 5.

What Does This Mean for You?

Buyers: Enjoy more selection and less competition, but expect homes to sell close to list price if they’re well-priced and in good condition 3.
Sellers: Pricing and presentation are more important than ever, as buyers have more negotiating power and homes are staying on the market longer.
Investors: Boise’s long-term outlook remains strong, with steady rental demand and continued population growth 5.

Boise’s housing market in July 2025 is more balanced than in recent years—prices are holding steady, inventory is up, and both buyers and sellers need to adjust their strategies for this new reality 4 2 1 5 3.