Boise, ID 83713 Real Estate Market Report

ZIP Code: 83713
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Boise, ID (ZIP: 83713) is $479,900, reflecting a stable market environment. The neighborhood has experienced a flat price trend, suggesting that recent corrections have led to a plateau in home values. This stability is indicative of a market that is adjusting to elevated interest rate pressures while maintaining a balance between buyer and seller expectations.

Current market conditions show elevated inventory levels relative to sales activity, which may indicate a shift towards a more balanced market. The median days on market stands at 244 days, suggesting slower sales velocity and a more cautious buyer sentiment. Despite these factors, the underlying job growth in the area continues to support the market, although buyer enthusiasm remains tempered due to ongoing interest rate challenges.

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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

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.

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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 the Boise, ID market average around 6.01% as of February 2026, which is 0.84% lower than the 6.85% average from one year ago.

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 median sold price is $479,900, indicating a stable market with no significant price increases recently.

2. Median days on market at 244 days reflect slower sales velocity, suggesting buyers are taking more time to make purchasing decisions.

3. Elevated inventory levels suggest excess supply relative to sales activity, which may create pricing friction for sellers.

4. The median market rent is $2,160, indicating a stable rental market amid flat price trends.

5. Current interest rate pressure is elevated, which may continue to temper buyer enthusiasm in the near term.

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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.