Is Boise, ID 83716 a buyer’s or seller’s market?
Boise is a seller’s market. With about 1.8 months of supply and 29% 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 77% of U.S. ZIP codes, and #9 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, 29% of homes in Boise, ID 83716 sold above their list price, the typical home went under contract in 19 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 144 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold more slowly (14 days then) and the median sale price rose 5% to $697,198. Overall, Boise is more competitive than a year ago, so tougher for buyers.
On our competition score, Boise ranks #9 of 69 ID ZIP codes with enough sales (score 73 out of 100).
Nearby, buyers who want less competition could look at King Hill 83633 (0% sold over asking) or Glenns Ferry 83623 (20% sold over asking).
Run the numbers for 83716
Nearby markets
Glenns Ferry 83623Seller’s market $146 /sq ftKing Hill 83633Seller’s market $213 /sq ftMountain Home 83647Seller’s market $225 /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 1.8 months of supply in Boise, ID 83716 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 19 days in the latest three months.
Do homes in Boise sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Boise?
About 0.54% of a home’s value a year in Elmore County, or roughly $2,160 on a $400,000 home.
What is the median home price in Boise?
The median sale price was $697,198 in the three months ending August 31, 2026, about $345 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