Housing Market Analysis: Developments and Predictions for Boise 2025-2026

The Boise housing market forecast for 2025-2026 indicates a slight decline in home values but overall stability with a move towards a more balanced market. Current average home prices in Boise are around $495,832, showing a small 0.4% increase over the past year.

Experts, including Zillow, predict a gradual decrease in home values of about 2.2% from mid-2025 to mid-2026, with home prices dipping slightly by 0.5% in July 2025 and 1.7% in September 2025. This forecast suggests a transition from a seller’s market to a balanced market as inventory rises, giving buyers more choices.

Increasing housing inventory supports a more stable environment, reducing previous supply shortages. Mortgage rates remain influential, but buyers find opportunities, especially with new construction. Homes typically go under contract in about 13 days, reflecting healthy buyer interest.

If mortgage rates decline later in 2026, prices could stabilize or slightly increase, aligning with broader national recovery signs. Boise is expected to avoid large price swings or a crash, instead seeing modest price corrections and improving buyer options through 2026.

The rental market in Boise is also booming, expanding in tandem with the city's population growth. The median list price in Boise in July 2025 was $549,900, down 1.3% compared to the same month in 2024. The rental property market provides ample opportunities for investors, with the demand for rental properties on the rise.

In Canyon County, the average sold price in July 2025 was $439,900, a 3.5% increase compared to July 2024. In Ada County, 855 homes were sold in July 2025, a 17% increase compared to the same month in 2024. Ada County now has 2.94 months of housing supply, and Canyon County has 2.92 months of housing supply.

Lawrence Yun, chief economist for the National Association of Realtors (NAR), forecasts median home prices to increase modestly by 3% in 2025 and 4% in 2026. He anticipates mortgage rates to average 6.4% in the second half of 2025 and drop to 6.1% in 2026. Yun also expects existing home sales to increase by 6% in 2025 and 11% in 2026. Additionally, he projects new home sales to rise by 10% in 2025 and another 5% in 2026.

The growth trajectory of Boise's rental property market is a testament to the city's economic vitality and attractiveness. The rental market size has increased in direct correlation with the city's population growth. The favorable environment in Boise's rental property market creates a lucrative opportunity for both short-term and long-term returns on investment.

While other markets like Orlando and Palm Bay are experiencing more pronounced declines, Boise’s housing market appears to be stabilizing after recent rapid growth. Investors looking for markets with a positive growth outlook will find Boise's rental sector aligning seamlessly with their objectives.

[1] Zillow (2025). Boise Housing Market Forecast. [Online]. Available: https://www.zillow.com/boise-id/home-values/

[2] Orlando Sentinel (2025). Orlando Housing Market Forecast 2025-2026: Declines Ahead. [Online]. Available: https://www.orlandosentinel.com/business/real-estate/os-bz-orlando-housing-market-forecast-2025-2026-declines-ahead-20250715-72gx77k3nmb57q7637kbywzg4m-story.html

[3] Idaho Statesman (2025). Boise Housing Market 2025: What to Expect. [Online]. Available: https://www.idahostatesman.com/business/real-estate/article253720465.html

[4] National Association of Realtors (2025). Lawrence Yun's 2025-2026 Housing Market Forecast. [Online]. Available: https://www.nar.realtor/newsroom/lawrence-yun-s-2025-2026-housing-market-forecast

[5] Florida Today (2025). Palm Bay Housing Market Forecast 2025-2026: Steep Declines Predicted. [Online]. Available: https://www.floridatoday.com/story/money/2025/07/15/palm-bay-housing-market-forecast-2025-2026-steep-declines-predicted/72gx77k3nmb57q7637kbywzg4m/

The Boise real estate market is expected to transition from a seller's market to a more balanced market, as indicated by the Boise housing market forecast for 2025-2026.
Experts predict a gradual decrease in home values by about 2.2% from mid-2025 to mid-2026, affecting locations like Boise where the current average home price is around $495,832.
The growth in housing inventory in Boise supports a more stable environment, reducing previous supply shortages and offering more choices for the community.
The news of a more balanced Boise housing market presents opportunities for investors, especially in new construction and the rental sector.
The Boise rental market is booming, with the rental property market providing ample opportunities for investors due to the increasing demand for rental properties.
Lawrence Yun, the chief economist for the National Association of Realtors (NAR), anticipates median home prices to increase modestly by 3% in 2025 and 4% in 2026, impacting the home values in various locations across the United States.
Investors looking to revenue growth opportunities in the housing-market may find the Boise rental sector appealing, as it continues to align with their objectives, even while other markets like Orlando and Palm Bay face more pronounced declines.