Is Boise, ID 83704 a buyer’s or seller’s market?
Boise is a seller’s market. With about 1.3 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 83% of U.S. ZIP codes, and #4 of 69 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Boise housing market right now
In the three months ending August 31, 2026, 32% of homes in Boise, ID 83704 sold above their list price, the typical home went under contract in 12 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 156 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 19%, homes sold faster (15 days then) and the median sale price rose 8% to $464,799. Overall, Boise is more competitive than a year ago, so tougher for buyers.
Within Ada County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 77%. On our competition score, Boise ranks #4 of 69 ID ZIP codes with enough sales (score 78 out of 100).
Nearby, buyers who want less competition could look at Eagle 83616 (14% sold over asking) or Meridian 83642 (17% sold over asking), while Boise 83712 (38% sold over asking) and Boise 83703 (34% sold over asking) are even more competitive.
Run the numbers for 83704
Nearby markets
Boise 83702Seller’s market $469 /sq ftBoise 83703Seller’s market $353 /sq ftBoise 83705Seller’s market $312 /sq ftBoise 83706Seller’s market $364 /sq ft Browse all markets →Towns like Boise nearby
Find towns like Boise in other states →Where Boise is
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Questions about Boise real estate
Is Boise a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Boise, ID 83704 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Boise?
The typical home went under contract in 12 days in the latest three months.
Do homes in Boise sell over asking?
32% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What are property taxes in Boise?
About 0.52% of a home’s value a year in Ada County, or roughly $2,080 on a $400,000 home.
What is the median home price in Boise?
The median sale price was $464,799 in the three months ending August 31, 2026, about $281 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology