Market Snapshot
- Median listing price
- $1.07M
- Median rent
- $1,495/mo
- Days on market
- 210 days
- Gross rental yield
- 1.67%
- STR vs LTR
- $3,356/mo STR · $1,495/mo LTR
The median listing price in Boise, ID ZIP 83702 is $1,075,000 as of June 2026.
The median market rent in Boise, ID ZIP 83702 is $1,495/month as of June 2026.
The median days on market in Boise, ID ZIP 83702 is 210 days as of June 2026. The market is currently neutral.
At a median list price of $1,075,000 and a median rent of $1,495/month, the gross rental yield in Boise, ID ZIP 83702 is 1.67% as of June 2026.
In Boise, ID ZIP 83702, median Airbnb revenue is $3,356/month compared to median long-term rent of $1,495/month as of June 2026.
Boise, ID 83702 Real Estate Market Report
ZIP Code: 83702
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Boise, ID, are approximately 6.6% compared to the 6.0% average observed earlier in 2026, indicating that property owners who secured loans earlier this year hold a more favorable rate.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price (unavailable) — A reliable median sold price is not present in the provided dataset, which means recent transaction-level pricing is not directly observable; this absence may be due to limited closed-sale reporting in the sample or timing lags in public record feeds, so treat listing-based signals cautiously when estimating realized market value.
- median listing price: $1,075,000 and median price per square foot: $450 — Current asking-price signals show elevated seller expectations relative to historical norms; given the sample's asking-price profile and the market temperature being neutral, sellers appear to be testing the market rather than aggressively discounting or hiking prices.
- median days on market: 210 — The long median days on market points to slower sales velocity and pricing friction, which may indicate moderate market balance or localized mismatches between asking prices and buyer willingness to transact; this suggests caution on rapid repricing assumptions.
- median market rent: $1,495 and rent year-over-year trend: up — Rental demand is strengthening while interest rate pressure is reported as moderate, and property owners who locked loans earlier hold relatively more favorable financing (current 30-year fixed ~6.6% vs. 6.0% earlier in 2026); this combination supports continued renter demand but may constrain some owner-occupier purchasing power.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold at market average
Quick sale indicating strong buyer demand and competitive market conditions.
Sold at market average
Sold above market average
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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