Boise, ID 83703 Real Estate Market Report

ZIP Code: 83703
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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 averaging 6.4%, reflecting a stable market environment for property owners compared to early 2026 rates.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The neighborhood's primary market value indicator is the median sold price, but the median sold price is not available in the provided metrics, so recent transaction-level price confirmation cannot be directly stated from this dataset.

2. Current pricing snapshot shows a median listing price of 599,900 alongside a year-over-year price trend that is down, suggesting sellers are facing moderating pricing conditions despite a neutral market backdrop.

3. Liquidity appears softer: a median days on market of 43 points to slower sales velocity and greater buyer time to evaluate offers, which may indicate pricing friction or increased buyer negotiation leverage in some segments.

4. Rent and financing context is mixed: median market rent of 1,659 is trending up, while interest rate pressure is assessed as moderate and local 30-year fixed mortgage rates are averaging 6.4%, a level described in the metrics as reflecting a stable environment for property owners; together these suggest rental demand is strengthening even as purchase affordability remains pressured.

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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.