Boise, ID Foreclosures
How much do homes sell for in Boise, ID?
The average home price is currently $586,844.
In Boise, ID, how many homes are available?
There are currently 64 active home listings available in Boise.
What’s the average rental cost in Boise, ID?
The average rental price in Boise is $1,501.
What is the most expensive home in Boise?
The most expensive home sold in Boise had a price of $21,167,956.
What is currently the cheapest priced home in Boise, ID?
The cheapest home for sale in Boise is priced at $16,963.
Living in Boise, ID
Boise, Idaho, is a rapidly growing city that beautifully combines urban living with outdoor adventure. Known for its extensive park system and vibrant downtown, Boise offers a variety of amenities, excellent schools, and a strong sense of community. Residents enjoy numerous recreational activities in the nearby foothills, making it a great place for families and nature lovers alike.
Current Market Conditions in Boise, ID
The Boise real estate market has been experiencing a steady growth in recent years, with a significant increase in demand, particularly for single-family homes. The allure of the area, with its natural beauty and lifestyle options, continues to attract buyers from various states looking for a change of pace.
Currently, the market shows signs of stabilization after several years of rapid price increases. While housing prices remain high, more listings are becoming available, which provides buyers with more options. Average days on the market has increased slightly, indicating that homes are taking longer to sell compared to previous years.
Home Value Estimator For Boise, ID
There are currently 100,757 real estate properties
in Boise, ID,
with a median automated valuation model (AVM) price
of $497,811.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Boise, ID, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Boise, ID,
is $586,844.00, with the most expensive house
in Boise, ID, topping out
at $21,167,956.00 and the cheapest home
in Boise, ID,
clocking in at $16,963.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Boise, ID!
Rent Prices
In Boise, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Boise, ID, is on
a rollercoaster ride. The
average rent price in Boise, ID,
is $1,501.00. Indeed, when looking to rent in
Boise, ID, you can expect to pay as little
as $570.00 or as much
as $3,640.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Boise, ID
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
