Market Snapshot
- Median listing price
- $455K
- Median rent
- $1,465/mo
- Days on market
- 786 days
- Gross rental yield
- 3.86%
- STR vs LTR
- $2,356/mo STR · $1,465/mo LTR
The median listing price in Boise, ID ZIP 83705 is $455,000 as of June 2026.
The median market rent in Boise, ID ZIP 83705 is $1,465/month as of June 2026.
The median days on market in Boise, ID ZIP 83705 is 786 days as of June 2026. The market is currently neutral.
At a median list price of $455,000 and a median rent of $1,465/month, the gross rental yield in Boise, ID ZIP 83705 is 3.86% as of June 2026.
In Boise, ID ZIP 83705, median Airbnb revenue is $2,356/month compared to median long-term rent of $1,465/month as of June 2026.
Boise, ID 83705 Real Estate Market Report
ZIP Code: 83705
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
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
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 5.8% average observed in early 2026, indicating that property owners who secured loans earlier this year are currently holding more favorable interest rates.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The median sold price is unavailable in the provided metrics, which constrains transaction-based valuation; this absence may reflect the very small sample of closed sales or reporting lag in the analyzed dataset rather than a lack of demand.
- The median listing price is 455,000, and with elevated inventory relative to sales activity, this pricing level appears to reflect some seller optimism that may face resistance absent stronger transaction velocity.
- The median days on market is 786, indicating slower sales velocity that may increase negotiation leverage for buyers and suggests pricing friction between list expectations and realized transactions.
- Market context shows rent year-over-year trend is up and price year-over-year trend is up, while market temperature is neutral and interest rate pressure is moderate; given current 30-year fixed mortgage rates near 6.6% versus a 5.8% early-2026 average, sellers and buyers should account for affordability sensitivity and the potential for selective buyer activity.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.5% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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