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 Boise, ID (ZIP: 83713) market shows a median sold price of $479,950, reflecting a stable transaction environment amidst a backdrop of elevated inventory levels. The market has experienced a year-over-year price trend that is up, indicating a modest appreciation in property values. This suggests that while buyers are facing some pricing friction, the overall market remains resilient, supported by strong local job growth despite the elevated interest rate pressure.

Transaction activity appears moderate, with median days on market recorded at 242 days, indicating slower sales velocity. This extended timeframe may suggest that buyers are taking a more cautious approach, leading to a balance in market dynamics. The median listing price stands at $525,000, which creates a notable gap compared to the sold price, indicating potential pricing adjustments may be necessary to align seller expectations with current market realities.

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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 6.09% as of February 2026, which is 0.78% lower than the 6.87% average from one year prior.

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. $479,950 is the median sold price, indicating stable transaction activity despite elevated inventory levels.

2. 242 days is the median days on market, reflecting slower sales velocity and a cautious buyer approach.

3. $525,000 is the median listing price, suggesting a significant gap between seller expectations and market realities.

4. The market temperature is neutral, indicating a balanced environment with no clear favor towards buyers or sellers.

5. $2,160 is the median market rent, which is up year-over-year, suggesting a strengthening rental market.

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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.