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Boise, ID 83712 Real Estate Market Report

ZIP Code: 83712
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.


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.

Analysis Window
90 Days
Total Properties Analyzed
11
Active Listings
11
Sold Properties
0

Market Metrics

Median Listing Price
$1,050,000
Median Sold Price
$0
Median Price per Sqft
$428/sqft

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.


Rental Market

Median Market Rent
$1,635

Property Taxes

Property Tax Rate
0.58%

Liquidity & Velocity

Median Days on Market
92

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
moderate

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 the 6.25% to 6.75% range observed earlier in 2026.

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


Key Findings

  1. The median sold price is not provided in the supplied metrics, so a representative recent sale price cannot be stated; this absence limits direct transaction-based valuation and suggests reliance on listed-price and contextual indicators for immediate pricing guidance. neutral context

  2. The median listing price 1,050,000 combined with a median price per square foot 428 suggests elevated seller price expectations relative to earlier cycles; this may create pricing friction that appears to moderate deal velocity as buyers test value against completed sales.

  3. The median days on market 92 indicates a slower transaction pace versus a hot market and may reflect a shift toward a more balanced market; longer listing durations likely signal softening urgency among buyers rather than acute market distress.

  4. The overall backdrop is a market temperature neutral environment with interest rate pressure moderate and mortgage context noting Current 30-year fixed mortgage rates in Boise, ID are averaging 6.4%, reflecting a stable market environment for property owners compared to the 6.25% to 6.75% range observed earlier in 2026; this combination supports measured buyer activity and modest price appreciation rather than aggressive moves. moderate


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

473 N Strata Via Way, Boise, ID 83712
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds
6 baths
6,770 sqft
$2,895,000
$428/sqft/sqft
50 days on market
1417 E Shenandoah Dr, Boise, ID 83712
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds
4.5 baths
4,605 sqft
$2,499,000
$543/sqft/sqft
14 days on market
1521 S Trent Point Way, Boise, ID 83712
Premium

Sold above market average

3 beds
3.5 baths
3,691 sqft
$2,161,300
$586/sqft/sqft
64 days on market
1903 S Meteor Way, Boise, ID 83712
Premium

Sold above market average

4 beds
3 baths
3,199 sqft
$1,699,900
$531/sqft/sqft
30 days on market
1544 S Trent Point Way, Boise, ID 83712
Market Benchmark

Sold at market average

3 beds
2.5 baths
2,915 sqft
$1,369,000
$470/sqft/sqft
163 days on market
1865 E Sendero Ln, Boise, ID 83712
Value

Sold below market average

5 beds
3 baths
2,802 sqft
$1,050,000
$375/sqft/sqft
43 days on market
2199 S Ridge Point Way, Boise, ID 83712
Value

Sold below market average

4 beds
2.5 baths
2,802 sqft
$899,000
$321/sqft/sqft
210 days on market
690 S Granite Way, Boise, ID 83712
Value

Sold below market average

4 beds
3 baths
3,505 sqft
$885,000
$252/sqft/sqft
95 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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