Is Boise, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Boise was a Seller's Market.
Housing Prices in Boise, OR
How much do homes in Boise, OR cost?
Median Sold Price
$542,500
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boise was $542,500 in April 2024, down 9.1% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $349.2K | $360K | +3.1% |
2 Bedrooms | $488.8K | $429.9K | -12.0% |
3 Bedrooms | $630.5K | $599K | -5.0% |
4 Bedrooms | $764.9K | $657K | -14.1% |
5+ Bedrooms | $665K | $1.0M | +50.6% |
Summary: Boise housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 50.6%.
Median Sold Price Compared To Nearby Neighborhoods
Boise | $597K | $542.5K | -9.1% |
Albina Homestead | $785.7K | $470K | -40.2% |
Housing Supply in Boise, OR
How many homes are available in Boise, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 44 | +83.3% |
Summary: The Boise real estate market had 44 homes for sale in April 2024, a 83.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 8 | 18 | +125.0% |
3 Bedrooms | 5 | 10 | +100.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Boise housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 125%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Boise in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Boise, OR
How long does it take to sell a home in Boise, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 13 Days | -68.8% |
Summary: Homes in Boise had an average of 13 days on market in Apr 2024, down by 68.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Boise; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.