Boise, ID 83704 Real Estate Market Report

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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. median sold price is not reported in the provided dataset for this ZIP; without a median sold price the report must rely on listing-side indicators and trend signals to infer recent transaction values, and the absence likely reflects insufficient closed-sale data in the sampled feed or a reporting gap in the snapshot. neutral data availability
2. median listing price is $499,900 with a median price per square foot of $302, which suggests listing-level valuation is anchored at mid-to-upper local price bands; this gap between asking-level metrics and unavailable sold-level pricing may indicate pricing friction between seller expectations and recorded transactions
3. median days on market is 144 days, which points to slower sales velocity and suggests liquidity is softer than what listing counts alone might imply; this extended marketing period may require sellers to consider price or terms adjustments to transact in a neutral market temperature
4. Market context shows price year-over-year trend is up and rent year-over-year trend is up while market temperature is neutral; at the same time interest rate pressure (moderate) is present and current financing conditions note a 30-year fixed mortgage rate of 6.65%, which is 0.9% higher than earlier 5.75% in 2026—these combined signals imply continued demand support from fundamentals but with buyer affordability headwinds that may moderate transaction growth. up

Notable Properties

The following 1 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.